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News

FNPF re-opens partial withdrawal assistance

December 27, 2012 4:05 am

The Fiji National Provident Fund Board has re-activated the Natural Disaster Partial Withdrawal Assistance of $1000 for its members a¬ffected by Cyclone Evan.

FNPF Acting Chief Executive Officer Alipate Waqairawai says the Board’s approval also includes the wavering of the $10 processing fee.

Waqairawai says whilst they encourage members to save for retirement, it also recognizes its role as a corporate citizen and stands prepared to assist its members rebuild their lives after the devastation of the cyclone.

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The FNPF will liaise closely with Government officials in this exercise to determine those that will be assisted.

On-site teams will be deployed to the worst affected areas from 2nd January, 2013.

The location of the FNPF inspection team will be announced in the media daily.

“Members’ applications will need to be verified by the district officers or delegated officials to ascertain damage to their properties.

All applications will be received and verified by the FNPF Inspection teams on-site to ease transport and other associated costs for members.

No applications will be received at any FNPF Branch or Agency.

The key qualifiers under this assistance are – members should have partial withdrawal eligibility, maximum allowed for withdrawal is $1,000 per household and members should reside in affected areas as defined by DISMAC.

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