Fiji’s National Provident Fund has extended its withdrawal assistance to include internationally recognised professional development courses.
Professional courses, designed to provide individuals with the necessary skills and knowledge to excel in various industries, including business, hospitality, information technology, and many others, offered by the Fiji National University (FNU), Financial Services Institute of Australasia (FINSIA), and CPA Australia have been included in the Fund’s Education withdrawal benefit.
Fund CEO Viliame Vodonaivalu emphasised the Fund’s commitment to supporting its members’ personal and professional growth. “We understand the importance of continuous education and professional development in today’s competitive job market. Our members will have access to quality short courses and professional courses which will equip them with the necessary skills and knowledge to thrive in their respective fields.
“These courses are internationally recognized, offered by renowned professional bodies such as the CPA Australia and FINSIA and we know that many members will appreciate its inclusion in the Fund’s education withdrawals. Upskilling improves one’s professional marketability, which ultimately could lead to higher remuneration and more contributions for retirement savings.
“This initiative is a testament to our ongoing efforts to empower our members and contribute to the overall development of Fiji’s workforce, keeping their retirement savings on the radar always.
These new changes are also a result of feedbacks received from members, especially during the FNPF member forums.”
To access the courses at the Fund-approved professional bodies, members must have a sufficient general account balance and meet other requirements. Only tuition or course fees will be covered by the Fund.
Withdrawals for local short courses are only applicable to Fiji Higher Education Commission (FHEC) and Access to Quality Education Program (AQEP) accredited programs.