Fiji National Provident Fund says they will exhaust all avenues to contact members who have zero balances in their FNPF account before any action is taken to either terminate or deactivate these accounts.
Over 59,000 members have zero balances.
Acting CEO, Viliame Vodonaivalu says they have received a large number of enquiries from members who were concerned about FNPF’s recent move to explore policy intervention in addressing the issue of zero balances.
He says 76% of these accounts have zero balances due to inconsistent contributions, or transaction adjustments inclusive of Special Death Benefit deductions while 24% are members that are registered and have not contributed at all.
Vodonaivalu says they are encouraging members who have balances but have had no transactions, to continue making payments.
