Fiji Time: 11:12 AM on Wednesday 25 January

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 0.64360.6246
JPY 56.220053.2200
GBP 0.38940.3814
EUR 0.45510.4431
NZD 0.68140.6484
AUD 0.64780.6228
USD 0.49080.4738

from

$0.00

Exchange Rate updated on 25th January, 2017

Today's Most Read Stories

  1. Fiji 'special'
  2. Proposed coalition to work on policies
  3. Smith resigns as Fiji TV boss
  4. Fire destroys supermarket, warehouse, bakery
  5. Alleged inmate rape explored
  6. Care for the elderly, Bainimarama urges Fijians
  7. Workshop to address fish health
  8. Vegetable supply drops, prices soar
  9. Local travel agent to service China's second-tier cities
  10. Former rep cautions Fijian players

Top Stories this Week

  1. 'On that stage' Sunday (22 Jan)
  2. Gunshot injures officer Saturday (21 Jan)
  3. Moving tributes farewell Johns Saturday (21 Jan)
  4. Fiji 7s team to Wellington named Thursday (19 Jan)
  5. No refund notice illegal Sunday (22 Jan)
  6. Marriott at Momi begins recruitment Sunday (22 Jan)
  7. Rabuka hits back Tuesday (24 Jan)
  8. Roko Tupou steps down Monday (23 Jan)
  9. Fiji 4 rally Monday (23 Jan)
  10. Taveuni team thank God for win Sunday (22 Jan)