Just School Things
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GROUP MEMBERS KRISHNIKA KUMAR ADARSH MAHARAJ SHAZIYANA BI KRISH MICHEAL AVISHEK KUMAR
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The Fiji National Provident Fund (FNPF) was established in 1966 with the primary objective of providing retirement benefits. The FNPF operates a provident fund, to which workers and employers each contribute 8 per cent of salary to the workers’ individual accounts. The totality of contributions and the interest earned is what may be withdrawn as benefit by the FNPF member at time of separation. The retirement age is set at 55 years of age for both males and females, and part or all of the fund balance may be converted to a monthly pension payment by applying the current annuity factor. In the course of its development to improve its programmes, in 1976 the FNPF introduced the conversion of the lump sum payment of fund balance into a single or joint husband and wife pension plan. Compulsory coverage is applied
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GROUP MEMBERS KRISHNIKA KUMAR ADARSH MAHARAJ SHAZIYANA BI KRISH MICHEAL AVISHEK KUMAR
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The Fiji National Provident Fund (FNPF) was established in 1966 with the primary objective of providing retirement benefits. The FNPF operates a provident fund, to which workers and employers each contribute 8 per cent of salary to the workers’ individual accounts. The totality of contributions and the interest earned is what may be withdrawn as benefit by the FNPF member at time of separation. The retirement age is set at 55 years of age for both males and females, and part or all of the fund balance may be converted to a monthly pension payment by applying the current annuity factor. In the course of its development to improve its programmes, in 1976 the FNPF introduced the conversion of the lump sum payment of fund balance into a single or joint husband and wife pension plan. Compulsory coverage is applied