The Coalition Government has committed to making decisions regarding pensioners in partnership with the Fiji National Provident Fund (FNPF). This follows a call from Opposition MP Premila Kumar to repeal the 2011 FNPF Transition Act, which she believes limits pensioners’ ability to seek legal recourse over grievances about their payouts. In response, Deputy Prime Minister and Minister for Finance, Professor Biman Prasad, stated that previous actions taken by the military-led government undermined the relationship between the FNPF and pensioners.
Prasad emphasized that past legislation prevented pensioners from seeking justice in court, thereby restricting their rights amid questionable treatment. He mentioned that the decision to allocate $4 million in the budget for restoring pensions for those who opted for lower amounts dates back to 2011.
Upon the Coalition Government’s formation, a temporary relief measure was implemented to assist affected pensioners. Those over 70 years of age can access a government social pension of $125, while those aged between 60 and 69 can receive $115. To streamline this process, the Ministry of Finance coordinated with the FNPF, leading to disbursement of approximately $1.3 million to 1,300 pensioners since August.
Payments are scheduled in accordance with the pension payment cycle on the 14th and 28th of each month, demonstrating the government’s commitment to ensuring timely financial support for vulnerable citizens.
This proactive approach by the Coalition Government presents a hopeful outlook for pensioners who have faced challenges in the past. By collaborating with the FNPF and acknowledging previous injustices, the government is taking steps towards restoring trust and assisting those in need. The allocation of funds and structured payment plans are critical components aimed at enhancing the welfare of pensioners and rebuilding confidence in the system.
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