FNPF pension review completed soon
This has been confirmed by the FNPF's chief executive Aisake Taito who said Mercer Australia Limited who has been appointed to undertake the review in line with its intention to reform the pension scheme and protect it from collapse.
Taito said once they receive the report, they then will decide on the next step to take.
The actuarial reviews conducted by the International Labour Organization in 1997 and 2006 had recommended the reduction of the pension rates paid out by the fund.
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