Economists say that the elderly face a higher rate of inflation than younger people, this is particularly true in Fiji where Pensions are not cost of living indexed.
As a result they are NEVER increased, regardless of devaluations of our currency and consistent increases in the cost of food, power, gas, fuel and water.

Not only does the Think Tank (term used very loosely) of the FNPF fail to take this into account, they continually compound their error by wasting money on full page colour advertisements in the press, attempting to justify a cut of 64% in existing pensions, which is a blatant misuse of the pensioners funds.
Greybeard 

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