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$4.7M in total FNPF contributions owed

$4.7M in total FNPF contributions owed
Chief Operating Officer Jaoji Koroi.

The Fiji National Provident Fund says there are approximately 917 defaulting employers, amounting to the value of $4.7 million in total FNPF contributions owed.

The FNPF is encouraging all employers to take advantage of the current penalty waiver and settle any outstanding contributions.

The surcharge waiver ends on 30th June 2017.

Chief Operating Officer Jaoji Koroi says the Fund has on more than one occasion activated this penalty waiver for the convenience of the employers but they must understand that it is affecting members accounts.

From 1st July 2017, the penalty of $100 per employee per month will come into force for all employers who pay late contributions.

He says the FNPF has no intention of extending the waiver therefore all non‑complying employers are requested to visit their nearest FNPF branch or agency to make necessary arrangements.

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