Fiji Time: 10:46 PM on Sunday 24 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 0.63610.6171
JPY 52.092749.0927
GBP 0.36630.3583
EUR 0.44060.4286
NZD 0.70100.6680
AUD 0.65150.6265
USD 0.48800.4710

from

$0.00

Exchange Rate updated on 22nd July 2016

Today's Most Read Stories

  1. Parents happy son is in heaven
  2. Allegiance switch
  3. Sevens plight
  4. Team loses balance
  5. Man, 64, guilty of rape
  6. Earthquakes in Fiji, Samoa regions
  7. Student drowns in river
  8. Usamate: No learning, you'll die
  9. All equal
  10. Sugar talk

Top Stories this Week

  1. Ship runs aground Tuesday (19 Jul)
  2. God's call Monday (18 Jul)
  3. Sami's best try Saturday (23 Jul)
  4. Mum on rape charge Tuesday (19 Jul)
  5. Nakarawa steps up to meet Ryan's demands Wednesday (20 Jul)
  6. Nadro loses points Wednesday (20 Jul)
  7. Memorial service for couple Monday (18 Jul)
  8. 7s upgrade Monday (18 Jul)
  9. Radio announcer in court Saturday (23 Jul)
  10. Local leads resort Monday (18 Jul)