FNPF struggling to recover unpaid contributions
February 28, 2019 6:00 am
The Fiji National Provident Fund has revealed that they are still trying to recover unpaid contribution from companies which no longer exists.
During a media briefing yesterday, it was highlighted that the total outstanding debt currently stands at $9.5million.
This includes $4.75million from previous financial years.
FNPF Chief Executive Jaoji Koroi says unpaid contribution remains a concern for the Fund.
“Some of the old companies, Amunuca is one example where the company is no longer there but still owe debt to us so there is a process we take is to pursue the director.”
He adds FNPF is strengthening its compliance to recover unpaid contributions.
Meanwhile, the fund is also calling on employees to keep tabs on their contributions.
74 employers have been taken to court and the Fund recovered $1.7 million in outstanding contributions through legal proceedings last year.