15,920 Fiji National Provident Fund members received their $220 relief payment yesterday for Phase Two of the COVID-19 withdrawal scheme.
Out of these,1,283 members are receiving their second payment after being assisted on 5th June.
Altogether, these members will be paid $17.5 million over a period of 10 weeks.
Yesterday’s payments totaled $3.5 million, with $1.7 million subsidized by government. These members will continue to receive their fortnightly payments until their total funds of $1,100 are fully paid.
FNPF’s Chief Executive Officer, Jaoji Koroi says that the Fund has automated its withdrawal processes to improve the efficiency of services to members.
Koroi has also revealed that approximately 645 members have missed the deadline for this first payment because their applications were still pending with their employers.
The Phase Two of the COVID-19 withdrawal scheme is targeting members on leave without pay and those who are unemployed.
The maximum amount for this withdrawal phase is $1,100, with $220 disbursed to the member’s bank account on a fortnightly basis, with the final payment on 18th August.
The next payment cycle will be processed on 7th July and members applying for the first time must ensure that FNPF receives their application before 3rd July.
He also reveals that they have almost 70,000 members registered on the myFNPF app who are potential users of their digital services.
