Fiji Time: 6:08 PM on Thursday 30 July

Fiji Times Logo

/ Front page / News

FNPF deal for growers

Felix Chaudhary
Tuesday, February 11, 2014

A LANDMARK agreement is being developed where canegrowers in the country will become members of the Fiji National Provident Fund.

Fund CEO Aisake Taito said negotiations were being held and an announcement will be made shortly.

"We are currently in the process of working things out with the Sugar Cane Growers Council on this issue and will make an announcement once discussions have been completed and an agreement is reached," Mr Taito said.

SCGC CEO Sundresh Chetty said under the deal, canegrowers would become members of the FNPF and their contributions would be deducted on an annual basis from cane proceeds.

Once completed, Mr Chetty said the agreement would herald a new chapter in growers' security by incorporating compulsory savings, something that was only available on a voluntary basis in the past.

Canegrowers in the Western Division have made repeated calls for compulsory FNPF membership and for deductions to be made from cane payments.

At an industry consultation held in Lautoka in February last year, many farmers said they would have retired comfortably with the savings earned had they been members of the fund during their productive years.





Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Westpac
Code Inward TTs Outward TTs
CAD 0.61430.5953
JPY 59.305956.3059
GBP 0.30350.2955
EUR 0.43150.4195
NZD 0.71760.6846
AUD 0.65300.6280
USD 0.47620.4592

from

$0.00

Exchange Rate updated on 29th July 2015

Today's Most Read Stories

  1. Sex trafficking source
  2. Japan in the way
  3. SODELPA lashes out against land statement
  4. Claims not true
  5. BAUXITE: Demand drops, 70,000 tonnes stockpile
  6. PM expresses sorrow at Natapei's death
  7. Medical training
  8. Fiji beat Japan to secure a spot in final
  9. CORRECTION
  10. Unit books 210 people

Top Stories this Week

  1. Deaths haunt 15-year-old Monday (27 Jul)
  2. Nakasi rape suspect in court Sunday (26 Jul)
  3. Dad dies, kids worry Tuesday (28 Jul)
  4. Three dead Sunday (26 Jul)
  5. Distraught mum recalls promise Tuesday (28 Jul)
  6. Where's the money Friday (24 Jul)
  7. Truck sinks into town road Monday (27 Jul)
  8. Flying Fijians spoil Samoan celebrations Monday (27 Jul)
  9. Final goodbye Wednesday (29 Jul)
  10. Unrealistic airfares Monday (27 Jul)