Government Promises Pension Solutions Amid Controversy

The Coalition Government has committed to making decisions regarding pensioners in coordination with the Fiji National Provident Fund (FNPF). This comes in response to a request from Opposition MP Premila Kumar, who urged the repeal of the 2011 FNPF Transition Act to grant pensioners the right to take their issues to court if they believe they have not received their funds.

Deputy Prime Minister and Finance Minister Professor Biman Prasad noted that the actions of the previous military government had eroded the trust between the FNPF and its pensioners. He pointed out that past actions not only denied justice but also led to the implementation of laws that prevented pensioners from legally contesting what they perceived as unfair treatment.

In addressing the concerns of pensioners, Prof Prasad highlighted a decision made to include $4 million in the budget aimed at restoring pensions for those who had opted for a lower pension in 2011. Upon the formation of the Coalition Government, a temporary measure was introduced to support affected pensioners. Those aged 70 and above are now eligible for a social pension of $125, while those aged between 60 and 69 receive $115.

To streamline this assistance, the Ministry of Finance has collaborated with the FNPF to facilitate top-up payments for affected pensioners. Since August, approximately $1.3 million has been distributed to around 1,300 pensioners, with payments scheduled according to the pension cycle on the 14th and 28th of each month.

In summary, the current government appears committed to addressing the grievances of pensioners and restoring trust with the FNPF. By implementing immediate financial assistance and reviewing the previous laws, they aim to create a more supportive environment for elderly citizens and pave the way for future improvements in pension policies.

This situation reflects a positive step toward increasing transparency and fairness in the management of pension funds, offering hope for a more secure financial future for pensioners in Fiji.