Fijivillage
NEWS SPORTS
ACCF
ACCF

Phase 3 of COVID-19 FNPF Withdrawal Scheme to begin on the 25th of August

Phase 3 of COVID-19 FNPF Withdrawal Scheme to begin on the 25th of August

By Shanil Singh
Tuesday 28/07/2020
Fiji National Provident Fund CEO Jaoji Koroi

Payments under phase three of the COVID-19 FNPF Withdrawal Scheme will be given out from the 25th of August to the 20th of October 2020.

Fiji National Provident Fund CEO Jaoji Koroi says the two categories of relief in this phase are reduced hours and reduced wage rate and both categories are eligible for government assistance if the members General Account Balance is insufficient.

Koroi says around 82,000 members were assisted under the scheme in the first phase while 25,046 members where assisted in the second phase.

He also says that members whose wage rate has been reduced by up to 50%will receive a lump sum payment of $550 while a lump sum payment of $1100 will be given to those whose salary has been reduced by more than 50%.

Koroi adds that in phase three, members who have been unemployed from October 2019 to date can apply for a lump sum payment of $1100.

Minister for Economy, Aiyaz Sayed-Khaiyum had earlier confirmed that those who are fully unemployed will continue to get $220 per fortnight and an assessment will be done after five weeks to ascertain what has happened to the person who is receiving the benefit.

He had said that people may get re-employed after the five week period and this is the kind of checks and balances they have to put in place.

Koroi has also clarified that members who are both on reduced hours and reduced rates cannot apply for both categories.

Stay tuned for the latest news on our radio stations

CFL radio frequencies
IN DEPTH
Budget Debate 2020 - 2021
Members of parliament will deliver their response to the 2020/2021 National Budget. 2020-2021 Budget ResourcesAddressEstimatesSupplementRevenue ...
16 days ago

National Budget 2020-2021
Full coverage of 2020-2021 National Budget including budget consultation from different sectors. Major changes announced in the 2020/2021 ...
29 days ago

SODELPA spectacle
With SODELPA going through changes and opposition within the party, we give you all the stories that covered these ...
40 days ago
FEATURE NEWS
Fiji Airways extends the cancellation of scheduled international flight to Sept
Fiji Airways has extended the cancellation of scheduled international services through to the end of September as no travel bubble arrangements have b...
7 hours ago
LATEST NEWS
Liquidity is not the only factor that determines the interest rate in market – Rakesh Ram
The Chairman of the Association of Banks, Rakesh Ram has stressed that liquidity is not the only factor that determines the interest rate in the ...
2 hours ago

Paper and circular lead cuttings being used in place of money in e-ticketing machines rendering them in-operational – Vodafone
Fijians are being negatively affected as e-ticketing machines at the Suva Bus Stand and others around Fiji are currently not working, and Vodafone ...
2 hours ago

Chaudhry questions Sayed-Khaiyum on why he took up 2 hours of the Natabua students’ study time to lecture on non-academic issues
Fiji Labour Party Leader, Mahendra Chaudhry has questioned the presence of the Economy Minister, Aiyaz Sayed-Khaiyum at Natabua High School on ...
6 hours ago

14 children pass away due to cancer this year as they were brought in too late for treatment
14 children have passed away due to cancer this year alone as they were brought in too late for medical treatment while there are currently 70 ...
7 hours ago

Man sentenced to 18 years imprisonment for raping two boys
High Court Judge Justice Riyaz Hamza has sentenced a 29 year old man to 18 years imprisonment for raping two boys in Nasinu in 2017. He was ...
7 hours ago

TOP