The Fiji National Provident Fund (FNPF) is set to distribute a remarkable interest payout of $698.75 million to its members next Monday, signaling an 8.75% interest for the financial year ending June 30, 2025. This payout marks the highest rate in the last twenty years, an achievement highlighted by Deputy Prime Minister and Finance Minister Professor Biman Prasad during the 2025/2026 National Budget announcement in Parliament.
Professor Prasad emphasized the Fund’s prudent investment strategies and strong governance, which have underpinned this significant return. He noted the government’s commitment to strengthening the FNPF’s structural management by appointing an independent expert group to its investment committee. The Deputy Prime Minister extended congratulations to the FNPF Board and management for their contributions toward achieving this milestone, underscoring their inspiring leadership and dedication.
FNPF’s chief executive, Viliame Vodonaivalu, also shared positive insights about the Fund’s performance, stating that total investment income surpassed $1 billion for the fiscal year, showcasing the effectiveness of FNPF’s diversified investment strategies aimed at sustainable, long-term value creation. Vodonaivalu expressed pride in this achievement and eagerness for members to benefit from the Fund’s performance.
This encouraging news mirrors previous articles that noted FNPF’s impressive financial growth and successful investment strategies, which have consistently yielded strong returns for its members. The fund’s ability to maintain a high crediting rate amid economic challenges instills confidence that the FNPF will continue to enhance the financial security of its members.
Members are encouraged to utilize digital platforms such as the myFNPF app to check their updated account balances, fostering engagement and awareness regarding their retirement savings.
The proactive measures taken by the FNPF signal a commitment to navigating future challenges, aiming to build a secure and prosperous retirement landscape for its members.
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