There are a number of what are commonly called Cock Ups in the recent combined publication by the Government and FNPF, this old man will list a few, feel free to add your observations in the comments section. Naturally, I do not expect all to agree:
- The Minister for Finance needs a proofreader because having said the payments will not be backdated, it then states that they will be paid from August 2014.
- It is a fact and common knowledge that the management ( Including Aisake Taito) and Board of FNPF including our old friend “Tom” who should have known better, committed an illegal act by reducing payment of pensions to existing pensioners, they illegally coerced pensioners either to accept a lower pension structure or to take part or all of their retained funds.
- It is also a fact that the illegal act was legalised by a government that was elected after a questionable constitution was imposed on the nation in 2013 by the leader of the 2006 Coupe who claimed he would uphold the 1997 constitution.
- The current actions by the Minister for Finance and government in selective compensation of surviving pensioners smack of bias and lack of testicular strength in the office making the decisions.
- Firstly the nation’s taxpayers should not burdened with the repayment of any part of the monies misappropriated by FNPF. The Fund has prospered using those monies and it should be the Fund that compensates the pensioners they cheated.
- Secondly, the Minister for Finance and the government may be putting at risk the pensioners they are making payments to effective August 2024. Since it could be argued by FNPF in any future litigation, that those pensioners had accepted a settlement from the government, and that FNPF no longer had any liability to settle.
- Finally, be a man SLR, and instruct FNPF to do the right thing, and give the overburdened taxpayers a break.
Anonymous said:
First thing it was a sad and a very bad decision by previous government to reduce the pension of the retirees, as it was not the fault of retirees. For all those years of suffering, we should be properly compensated with a backdated pay. Please be fair as most of us are the founding members of the fnpf.
Righly the corrupt and the incompetent fnpf board members, of that time, should have been held responsible for this drama. It is never too late to bring them to justice.