FNPF pensioners to get $300 to $900 as COVID-19 Relief Payment

FNPF pensioners to get $300 to $900 as COVID-19 Relief Payment

By Vijay Narayan
Tuesday 26/05/2020
Chief Executive Officer Jaoji Koroi

More than 7,000 Fiji National Provident Fund pensioners will receive a COVID-19 relief payment today.

The payment, which ranges from $300 to $900, will be disbursed directly to the Fund’s active pensioners.

Chief Executive Officer Jaoji Koroi said the Fund was able to provide this one-off payment to pensioners, following amendments to the FNPF Act.

Koroi says these amendments have allowed the Fund to distribute surpluses in the Retirement Income Fund to eligible pensioners.

He also says the provision of this relief for pensioners, is attributed to the successful Reform of the FNPF Pension Scheme in 2012.

The FNPF CEO says the Fund is now in a strong position to consider specific benefit improvements for the FNPF Pensioners and they are able to fund this relief assistance from the surplus in the Retirement Income Fund.

Pensioners who have received a pension payment up to 1st May 2020, will have their COVID-19 relief paid directly to their bank account or by pension order; whichever method they normally receive their monthly pension.

Those pensioners who have not received any monthly payment for March, April and May, will need to contact the Fund to verify and validate their accounts to enable them to access the COVID-19 payout.

Dependents and nominees of pensioners who have passed away, but the guaranteed pension payments are yet to be completed, will be eligible for this relief payment, however they must ensure their account status is active, in order to qualify.

Koroi also says that on Monday 1st June, the Fund will publicize the list of Pension IDs for pensioners whose accounts are suspended or inactive. These pensioners will need to contact the Fund before June 30th, 2020.

Stay tuned for the latest news on our radio stations

CFL radio frequencies
SODELPA spectacle
With SODELPA going through changes and opposition within the party, we give you all the stories that covered these ...
11 days ago

USP Saga
Full coverage of the USP saga including coverage of protests, investigations, reports and ...
11 days ago

Fiji's approach to deal with effects of the COVID-19 Pandemic
As Fiji battles against the spread of the COVID-19 pandemic, many individuals and organisations have come forward to lend a helping ...
75 days ago
Screenshot of an email which is allegedly talking about overstating of government revenue is a poorly photo-shopped image of a fake e-mail - Vave
The Fiji Revenue and Customs Service Acting CEO, Fane Vave confirms the screenshot of an email which is allegedly talking about overstating of governm...
36 minutes ago
75 police officers graduate from Basic Recruits Course
Minister for Defence, National Security and Policing Inia Seruiratu has conveyed his appreciation for the operations conducted by the police officers ...
11 hours ago

3 people involved in Caubati accident taken to CWM hospital
Three people who were involved in a car accident in Caubati, Nasinu this afternoon are undergoing medical treatment at the CWM Hospital. Two ...
13 hours ago

PM stresses leadership lacks compassion in Fiji
Prime Minister Voreqe Bainimarama stresses that leadership lacks compassion in all sectors. Bainimarama highlighted this while speaking to the ...
13 hours ago

Catholic Church in Fiji to respond to allegations of sexual abuse against children
The Head of the Catholic Church in Fiji Archbishop Peter Loy Chong says the church will be issuing a formal statement tomorrow in response to ...
13 hours ago

17 Special and Inclusive Education Schools receive 50 boxes of cleaning agents
Seventeen Special and Inclusive Education Schools in Fiji have received 50 boxes of cleaning agents donated by Newline Chemicals to help protect ...
15 hours ago