With the appointment of a new board chairman for the Fiji National Provident Fund, the employees of the Fund are still in the dark on when they will receive their 5% Cost of Living Adjustment payout.
General Secretary of the Bank and Finance Sector Employees Union, Pramod Rae said union members are concerned with the time taken by the FNPF but hopes the new chairman will listen to their demands.
FNPF Chief Executive, Aisake Taito said the FNPF board had made its stand clear to the union and their members that the board was ready to listen to the union and make some concessions as well.
Taito also added that a date had not been set for the payout as the union is still standing by their earlier demands.
Union members had gone on strike late last year, demanding they be given a pay increase and a 5% COLA payout. The Industrial Disputes Committee gave the order for FNPF to pay out the 5% COLA within 30 days.
FNPF Staff Await COLA Payout
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