Employers urged to settle outstanding VNPF contributions

GM Achary says a team from the Auditing Firm in Fiji is traveling to Vanuatu soon to do the audit before last year’s members’ interest can be declared.

All employers are urged to settle their monthly contributions with the Vanuatu National Provident Fund (VNPF) and surcharges to avoid penalties.

There are over 6, 000 employers in Vanuatu. Under the VNPF Act, every one of them are obliged to pay contributions for any employee aged 14 and 55, and earning VT3, 000 per month or more.

(1) comment

romac

"“Failure to comply with an order to pay outstanding contributions and any surcharges may result in court proceedings, and if found guilty, employers may be liable for a penalty of up to VT 100,000 or a prison term.”

Unfortunately they never follow through. All talk and no action. Employees suffer losses to their lack of action. I have a claim which is over 10 years. They always lose my file and never take the Employer to court, even though the Employer admitted liability to the VNPF. Sorry VNPF all you do and say in the media is for show nomo.

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