The Fiji National Provident Fund (FNPF) Act 2011, is now set for a comprehensive overhaul, with consultants scheduled to begin work in April next year and the reform process expected to conclude by 2027.
This was confirmed in Parliament today by Minister for Finance Esrom Emmanuel, who outlined the government’s plans to modernise the FNPF Act 2011 and the Special Death Benefit Regulations 2022.
Emmanuel says Cabinet approved the review in October 2025 following a request from FNPF to undertake a thorough assessment of the legislation to ensure it remains robust, relevant and aligned with the evolving economic and social needs of Fiji.
He says the current Act has only seen piecemeal amendments over the years, mostly through budget processes, and a full modernisation is now necessary.
He says the review will evaluate the effectiveness and sustainability of the fund’s current scheme design, identify gaps and challenges, and ensure the legislation aligns with international best practice while remaining suitable for Fiji’s context.
Emmanuel says extensive public consultations have already been held in Suva, Lautoka and Labasa, alongside written submissions, online surveys and targeted meetings with key stakeholders such as government ministries, the Reserve Bank of Fiji, the Fiji Commerce and Employers Federation and trade unions.
He says the appointed consultants will conduct a comprehensive analysis and develop recommendations, which will then be submitted to Cabinet for consideration before drafting any legislative amendments.
Meanwhile, responding to a supplementary question from MP Taito Rokomatu regarding the timeline in which it will commence and to complete, Emmanuel confirmed that the review process had already begun at the committee level, with the consultant-led phase starting in April 2026.
