Fijivillage
1 June, 2020, 3:30 pm
Central - 25°C Rain
Fijivillage
NEWS SPORTS
1 June, 2020, 3:30 pm Central - 25°C Rain
ACCF
ACCF

Sayed-Khaiyum announces 2nd wave of FNPF COVID-19 assistance

Sayed-Khaiyum announces 2nd wave of FNPF COVID-19 assistance

By Vijay Narayan
Friday 22/05/2020
Minister for Economy, Aiyaz Sayed-Khaiyum. [image: Fijian Govt]

Minister for Economy, Aiyaz Sayed-Khaiyum has today revealed the second wave of Fiji National Provident Fund COVID-19 assistance where members who have lost their jobs will be able to access $1,100 from their general accounts or will be paid $1,100 by the government over 5 fortnightly instalments.

Sayed-Khaiyum says the 2nd wave of assistance is for unemployment benefit.

This includes all the people who have already received assistance and those who have become unemployed since the 1st wave.

However Sayed-Khaiyum stresses that it does not include those that were unemployed 6 months prior to this and those who are on reduced hours.

He says schemes on how to assist those will be announced later.

Sayed-Khaiyum says there are two categories of FNPF members that will be assisted.

One of the categories is the members who have exhausted their general accounts or have less than $35 in their general accounts. There are about 20,000 members in this category and government will automatically deposit $220 in their bank accounts.

These people do not have to go to FNPF to fill in the forms for first payment.

Before the second fortnightly payment, these people have to go to their employer and that employer has to confirm the details to FNPF before the remaining 4 instalments continue.

Sayed-Khaiyum says the government will make the first $220 fortnightly payment for these people next week.

A total of $4.4 million will be used for this.

He says for these people to get the balance of the payments of the five installments of $220 they will need them come in the following weeks to fill out the form with their employer to confirm that they are still unemployed.

Sayed-Khaiyum says there are some people who have received assistance but still have amounts left in their General Account and are unemployed.

These people will be again entitled to the $220 paid over five fortnights and again government will top it up.

Sayed-Khaiyum says for example – somebody may only have %500 in their General Account so the government will top up $600 to make the $1,100.

The application process for these people will start on 9th June.

He says they estimate at this point in time given the current trends of those that have applied that it will cost government about $30 million over the five fortnights.

87,489 applications have been received from FNPF members for the first wave of COVID-19 member assistance. 78,519 members have been paid $49.7 million.

18,540 members have received government assistance totaling $6.8 million.

The remaining members withdrew a total of $42.9 million from their FNPF accounts. Close to 4,600 applications will be processed and paid out by the end of May for the first wave of assistance

Stay tuned for the latest news on our radio stations

CFL radio frequencies
IN DEPTH
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 ...
32 days ago

Severe Tropical Cyclone Harold
As Tropical Cyclone Harold hit Fiji mainly causing destruction to Kadavu and the Lau Group, we give you an in-depth report on stories of the build-up ...
51 days ago

COVID-19 Response Budget
Attorney General and the Minister for Economy, Aiyaz Sayed-Khaiyum presented the COVID-19 Supplementary Budget to parliament at 7.30 on Wednesday ...
66 days ago
FEATURE NEWS
Skips bins to continue to be provided for informal settlements until a system is set up for them to pay garbage fees
Minister for Local Government Premila Kumar says they will continue to provide skip bins to informal settlements around the country until they can wor...
2 hours ago
LATEST NEWS
Elderly man charged for allegedly raping two year old daughter
A 62-year-old man was charged with the rape of his 2-year-old daughter while a 28-year-old man was charged with the rape of his 2-year-old cousin ...
2 minutes ago

5 appear in court for allegedly sitting near a roadside in Samabula during curfew hours
Five people who were allegedly caught sitting near Gaji Road in Samabula during curfew hours appeared in the Suva Magistrates Court today. The ...
20 minutes ago

China continues to support Fiji in their fight against COVID-19
Health Minister Dr Ifereimi Waqainabete says it is important to understand that we have a role to play to ensure that there is not a second or third ...
22 minutes ago

Trump was rushed to the Presidential Bunker on Saturday
As protesters gathered outside the White House, US President Donald Trump was briefly taken to the underground bunker for a period of time on ...
2 hours ago

Man who allegedly raped 4-year-old granddaughter remanded by Ba Magistrates Court
A 57-year-old labourer who allegedly raped his 4-year-old step-granddaughter in Ba has been remanded in custody by the Ba Magistrates Court. He ...
2 hours ago

TOP