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FNPF Cautions Employers On Employee Details, Contribution

FNPF Cautions Employers On Employee Details, Contribution
Participants at the FNPF-organised Employers Workshop at the First Light Inn in Taveuni.
September 15
11:05 2015

The Fiji National Provident Fund has cautioned employers to ensure that their employees’ monthly FNPF contributions are credited into their individual FNPF accounts.

This is to avoid being deposited into the Fund’s suspense account, says Assistant General Manager Member services, Alipate Waqairawai.

He made the comment when addressing employers during the FNPF-organised Employers Workshop at the First Light Inn in Taveuni, recently.

The objective of the workshop was to educate employers on the island about the importance of correctly submitting members’ information and the timely payment of their employees’ monthly contribution to the Fund.

“When the details are incorrect, information submitted does not match with information in our system or when employees’ monthly contributions comes in late, these cause major setbacks for the Fund and for members,” he said.

“You as employers need to take the first step in ensuring that their employees’ interest is looked after by ensuring that all the necessary steps on submitting employees’ contributions to FNPF are being followed.”

Mr Waqairawai said that to date, the Fund continues to tackle issues of late, inaccurate, incomplete and/or unreconciled contribution schedules resulting in short payment of contribution.

Lack of communication of payroll changes from employers has also resulted in the Fund holding increased unidentified contributions.

He calls on employers to ensure that their employees are registered within one month from the day they began employment.

He also urged employers to remit all employees monthly contribution on time and to maintain a record system that stores FNPF records of all employees information, wages record remittance statements for seven years.

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