$49.1m paid out
21 May, 2020, 10:40 pm
The Fiji National Provident Fund registered 86,854 applications from members for the COVID-19 withdrawal scheme with $49.1 million paid out to 77,507 members so far.
Fund chief executive officer Jaoji Koroi said 18,312 members were subsidised by the Government top-up, receiving more than $6.67m, adding that $42.4m of members’ funds had been withdrawn under this COVID-19 withdrawal scheme.
The fund will pay out 4600 members this week with Mr Koroi apologising for the delays members had encountered and assured them that if they meet the requirements, they would receive their funds.
For the Tropical Cyclone Harold withdrawal scheme the fund has received about 722 applications and has so far paid out $797,194 to 606 members.
Mr Koroi said their teams had completed inspection for the maritime zones – specifically for Kadavu, Vatulele and a few islands in the Lau Group.
He said the fund reverted to normal operations from yesterday with a dedicated team tasked with processing COVID-19 applications.
“We understand that whilst our daily lives have been affected in some way by COVID-19, we need to accept this new norm.
“Our Valelevu Office which had been closed from 1st April, opened today and is now operating as normal,” Mr Koroi said.