FOLLOWING the announcement by Prime Minister Manasseh Sogavare on Friday about the approval to allow members of the National Provident Fund (NPF) to withdraw part of their contribution in light of the health crisis, the NPF head office in Honiara was packed to the limit, Monday morning.
The minister of Finance in consultation with the NPF Board last week has approved using his powers under section 50 of the SINPF Act to offer the opportunity for members to access part of their fund.
NPF explained this is for members who are affected temporarily or permanently as a result of scaling down or closure of their employer businesses due to the effects of COVID-19.
As a result, hundreds of members flocked the NPF head office before 8 am in order to start inquiring about the issue.
As a result, NPF General Manager Mike Wate had to come out and explained to the members about the process that would be involved.
Under the order members have a three months period to apply which will commence tomorrow – April 1st until June 30th.
Meanwhile, the NPF management explained that a temporary site will be stationed at the NPF Town Ground Property as of tomorrow to allow members to go and inquire.
However, there will be strict measures in place to avoid huge numbers of people congregating in one place.
As such only 50 members will be allowed into the premise at one time to be served by 5 officers.
By MOFFAT MAMU