The Coalition Government is committed to making decisions regarding pensions through consultations with the Fiji National Provident Fund (FNPF). In response to calls from Opposition MP Premila Kumar to repeal the 2011 FNPF Transition Act — which would allow pensioners to take their grievances to court regarding the funds they received — Deputy Prime Minister and Minister for Finance, Professor Biman Prasad, highlighted that past government actions during the military regime ruptured the trust between pensioners and the Fund.
Prasad noted that the military government had enacted laws that prevented pensioners from seeking justice for what he described as unfair treatment. He emphasized that the previous government’s decisions have long-lasting effects, and to address these grievances, the Coalition Government has taken steps to offer support.
In the recent budget, the government allocated $4 million to restore pensions for individuals who opted for a lower pension back in 2011. Additionally, as a temporary relief measure, pensioners over 70 years old can access a government social pension of $125, while those aged 60 to 69 can receive $115. The Ministry of Finance has worked with FNPF to ensure that these top-up payments are processed efficiently. Since August, approximately $1.3 million has been distributed to 1,300 pensioners, with payments scheduled for the 14th and 28th of each month.
This proactive approach reflects the Coalition Government’s commitment to restoring trust and ensuring that pensioners receive the support they deserve.
Overall, the situation illustrates a positive shift towards addressing past issues and improving the financial stability of vulnerable citizens, highlighting a renewed focus on accountability and care within government policies.
Leave a comment