Partnership to eliminate double dipping from monthly pension scheme
A Memorandum of Understanding (MOU) has been signed between the Fiji National Provident Fund (FNPF) and Ministry of Women, Children and Poverty Alleviation to streamline the social protection programs provided by the Fijian Government. The MOU was signed by the ministry’s permanent secretary Dr Josefa Koroivueta and FNPF’s Chief Operating Officer Mr Jaoji Koroi. Dr Koroivueta highlighted […]
A Memorandum of Understanding (MOU) has been signed between the Fiji National Provident Fund (FNPF) and Ministry of Women, Children and Poverty Alleviation to streamline the social protection programs provided by the Fijian Government.
The MOU was signed by the ministry’s permanent secretary Dr Josefa Koroivueta and FNPF’s Chief Operating Officer Mr Jaoji Koroi.
Dr Koroivueta highlighted the importance of this partnership to ensure that the Government assistance is received by those who genuinely need it.
KOROIVUETA: “The ministry is grateful to FNPF for providing this opportunity to provide a safety net whereby government investment is protected. The Fijian Government has allocated $14 million for the Social Pension Scheme for this year and it’s for those senior citizens who don’t have any form of pension.”
“On the first of July this year, as per the government’s mandate, the social pension eligibility age has reduced from 68 years to 66 years. This assistance is provided with the understanding that the families also have responsibilities in providing a compassionate care to the senior citizens.”
He thanked FNPF for the partnership to ensure that the government funds which are allocated for the social protection programs reach out to those who truly deserve it and to also eliminate double dipping.
Mr Koroi outlined the key areas of collaboration, which will be renewed through the MOU.
KOROI: “Both the Ministry of Women and FNPF have enjoyed a committed partnership in the last three years. This includes the exchange of information to assist each party in achieving objectives they have in common, which is to provide social security to all Fijians, and this MOU provides the guidance to enhance this partnership for next three years.”
Mr Koroi said each party would pursue to explore areas of common interests such as shared access of information and database of people receiving social welfare assistance.
KOROI: “Both parties will work together in the areas of research to identify policy gap to be addressed to ensure provision of sustainable social security to all Fijians. This partnership will also include facilitation of financial literacy programs and product designs.”
Currently, the ministry assists a total of 20,162 senior citizens through the monthly Social Pension Scheme.
In partnership with Fiji Bus Operator’s Association (FBOA), the Fijian Government had also introduced subsidized bus fare for the elderly and persons with disabilities in 2011.
To date, a total of 50, 531 are benefiting from the subsidized bus fare program in Fiji.