Fiji Sun

Fund Members Receive COVID-19 Phase 2 Relief Payments

- Fiji National Provident Fund chief executive officer, Jaoji Koroi.

Atotal of 14,734 Fiji National Provident Fund (FNPF) members this week received their $220 relief payment for Phase Two of the COVID-19 withdrawal scheme.

Out of these, 1251 members are receiving their second payment after being assisted on 5 June.

Altogether, these members will be paid $15.9m over a period of 10 weeks. The payment this week totaled $3.2 million, with $1.4 million subsidized by Government. These members will continue to receive their fortnightl­y payments until their total funds of $1100 are fully paid.

Chief Executive Officer, Jaoji Koroi said the Fund had automated its withdrawal processes to improve the efficiency of services to members. The efficient design process has contribute­d to a faster turnaround time in processing and payment.

“We have almost 70,000 members registered on the myFNPF app who are potential users of our digital services, therefore it is imperative that the Fund keep abreast with our member’s digital needs,” he said in a statement.

“We are grateful that employers have continued to work with us to ensure members’ are able to access their funds during these trying times. However, approximat­ely 645 members missed the deadline for this first payment because their applicatio­ns were still pending with their employers. If eligible, these members applicatio­ns will be processed for the next schedule payment” Mr Koroi reiterated that Phase Two targets members on leave without pay and those who are unemployed.

“As long as staff are working, they will not qualify for Phase 2. We empathize with our members but the focus right now is on those who are not earning any income due to the impact of COVID-19.

“We need our employer’s cooperatio­n, support and honesty.”

Members must ensure that their FNPF records are updated with their latest email address, TIN or mobile number before they can register for the app and to contact the Fund to get these details updated.

The maximum amount for this withdrawal phase is $1100, with $220 disbursed to the member’s bank account on a fortnightl­y basis, with the final payment on 18 August. The next payment cycle will be processed on 7 July therefore, members applying for the first time must ensure FNPF receives their applicatio­n before 3 July.

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