Over 650 employers failed to provide accurate details in their monthly FNPF contributions, causing delays in posting payments for 35,000-plus members, Fiji’s Superannuation Fund says.
Fund CEO Viliame Vodonaivalu underscored the need for correct narrations, citing ongoing issues and a penalty of $100 per late payment. The FNPF has collected close to $100,000 in penalty fees as a result.
“Employers have failed to provide narrations for their online payments, particularly, the invoice numbers
and even their employer reference numbers,” Vodonaivalu said.
Employers are urged to comply, while members are advised to monitor payments through the myFNPF App. Contribution payments for a month are due on or before the 14th of the following month.
