National Provident Fund (10.08.2020) FNPF members who are on reduced hours and reduced wage rate can apply for Phase 3 commencing 10 August 2020. Government top is applicable in Phase 3 for members who have insufficient General Account balance. The amount per member is from $220 to $880 for members who are on reduced working hours/day per week depending on reduced days. The amount is $550 for members whose wage/salary rates per hour is reduced up to 50%, and $1.110 for members whose wage/salary rates per hour is reduced by more than 50%.
FNPF members who are on reduced hours and reduced wage rate can apply for Phase 3 commencing 10 August 2020. The amount per member is from $220 to $880 for members who are on reduced working hours/day per week depending on reduced days. The amount is $550 for members whose wage/salary rates per hour is reduced up to 50%, and $1.110 for members whose wage/salary rates per hour is reduced by more than 50%.
COVID-19 Withdrawal Scheme - Phase 3
FNPF members who are on reduced hours and reduced wage rate can apply for Phase 3 commencing 10 August 2020.
Government top is applicable in Phase 3 for members who have insufficient General Account balance.
Phase 3 will provide two categories of relief:
- Reduced hours (Government Top Up Applicable)
This applies to members who are on reduced working hours/day per week due to the economic impact of COVID-19.
- Reduced wage rate (Government Top Up Applicable)
This applies to members who are on reduced wage/salary rates per hour due to the economic impact of COVID-19.
Payment Cycle
To ensure members receive their relief funds, applications must be received by FNPF and approved before the deadline dates.