The Fiji National Provident Fund has now come up with new policies to ensure funds put aside by members are mainly used for retirement purposes and nothing else.
Board chairman Parmesh Chand said these measures are being undertaken as the employers, the International Monetary Fund and the World Bank have raised concern and warned against excessive withdrawals.
There are no changes to housing, medical and education withdrawals.
They continue as normal.
These changes come into effect on the 6th of April.
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Excessive withdrawals forces new policies
