Fiji Time: 1:53 PM on Saturday 22 October

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.

Code Inward TTs Outward TTs
CAD 0.65020.6312
JPY 51.786748.7867
GBP 0.39950.3915
EUR 0.44950.4375
NZD 0.68980.6568
AUD 0.64760.6226
USD 0.49350.4765



Exchange Rate updated on 21st October, 2016

Today's Most Read Stories

  1. Under attack
  2. Airline reforms
  3. Rain floods tents
  4. Family loses battle to keep home
  5. Navua to be declared town by December
  6. 'Excellent' response
  7. Kava trade and retail
  8. FEA to pay out $1.325m bonus for 747 staff
  9. Mental health stigma
  10. PM looks ahead to Key meeting

Top Stories this Week

  1. Former flight attendant invests in farming business Wednesday (19 Oct)
  2. Calls for USP vice chancellor to step down Tuesday (18 Oct)
  3. A daughter's sacrifice Thursday (20 Oct)
  4. Dad's cry for justice Tuesday (18 Oct)
  5. Rugby offer Monday (17 Oct)
  6. 'I heard Soko screaming in pain' Friday (21 Oct)
  7. 'I never knew Soko' Thursday (20 Oct)
  8. Hero's welcome Wednesday (19 Oct)
  9. 18 workers on the run Tuesday (18 Oct)
  10. My heart cries out Monday (17 Oct)