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FNPF Reforms

The Fiji National Provident Fund is currently conducting a staff restructure, which is the last element of the FNPF Reforms which began in 2010. The Fund has adopted a participatory
08 Mar 2017 11:19
FNPF  Reforms
FNPF

The Fiji National Provident Fund is currently conducting a staff restructure, which is the last element of the FNPF Reforms which began in 2010.

The Fund has adopted a participatory approach, driven internally. Staff have been fully engaged and informed of what the restructure entails inclusive of the methodology, scope, outcomes and timelines.

The FNPF Board approved the new structure in its meeting in January, with a total manning level of 430 from the current numbers of 480. The Ministry of Labour has been notified and due process of consultation with the staff union and the Fiji Bank Employees Union has been made.

Affected positions have been advertised internally only, to allow staff to apply for their current positions or other new positions that are on offer. Recruitment of the ‘best fit’ is critical, and FNPF is using a recruitment process that is fair and equitable. Training and counselling services are being provided to all staff regardless of their employment status after the restructure.

Redundancy payments will be made to those that who not re-engaged and the new structure should be in place by July 1.

Some of the key structural reforms that have been completed include, New FNPF Act 2011, Pension Reform, Rehabilitation of Investments, New IT System and Organisation Restructure.

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