President Jaoji Koroi says there are consistently worries about whether FNPF can continue COVID-19 withdrawals.
He has guaranteed individuals that these withdrawals are made with due thought of the Fund’s budgetary position.
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Koroi says the assessed cost for the 3 stage augmentations, is around $50m, of which Government’s endowment is about half.
He says accentuate that every one of these withdrawals are produced using individuals qualified adjusts in their General Account.
Koroi says the assets in our protected record is safeguarded for retirement.
He says this significant change has seen a development in complete individuals finances held in the Preserved Account, in contrast with the most recent five years.
-Fiji Village
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