Body
National Provident Fund (01.04.2020) To support all employers in Fiji, the statutory FNPF employer contribution is halved from 10 percent to 5 percent effective from 1 April 2020 to 31 December 2020. This expected to provide a $130 million relief to employers for the next 9 months. The employee Contribution is reduced from 8 percent to 5 percent effective from 1 April 2020 to 31 December 2020. This will put around $80 million back in the pockets of Fijian employees for the next 9 months.
measures summary
FNPF employer contribution is halved from 10 percent to 5 percent effective from 1 April 2020 to 31 December 2020. The employee Contribution is reduced from 8 percent to 5 percent effective from 1 April 2020 to 31 December 2020.
Measure date
Regions / Country
Global challenges
Document Type