FIJI PROVIDENT FUND EXTENDS VALIDATION DEADLINE

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More than 2,000 pensioners yet to confirm status

By Ropate Valemei

SUVA, Fiji (Fijilive, Feb. 29, 2012) – The Fiji National Provident Fund today extended pensioners’ validation date to the end of next month.

Fund chief executive Aisake Taito said in a statement said the decision to continue with the validation is to reach out to the remaining 2,000 pensioners who have yet to formalize their status and pension options.

"Request for the extension was received from pensioners who are based overseas and in remote areas, including those affected by the recent floods. However, as per the provision of the new FNPF decree, the new age-based pension scheme is now in place and only those pensioners who have validated and exercised their pension options will transit into the new scheme," said Taito.

Taito encourages those who have yet to be validated to make use of the opportunity.

He also commended the pensioners for their understanding and efforts in complying with the requirements for validation during an extensive exercise conducted over 12 weeks.

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