Suppose this individual in 2009 (age 55) had a balance of 300 thousand (being generous to this army officer).
Then in 8 years his balance increased to $990 thousand i.e. by $690,000 over 8 years.
Or roughly $86,000 contribution annually.
Or effective annual salary of more than $540,000 if contribution is 16% of income.
Add to that $3000 times the number of days out of the country = at least $600,000.
Total income annually probably more than one million.
The majority of FNPF members today have less than F$10,000 in their pension account, how can they survive retirement on an annual pension of 9% of that sum or double that sum.
The simple fact is many of them will not be able to survive.
Remember our governments reorganisation of the FNPF where they introduced decrees that permitted the breaching of pensioners legal contracts by the FNPF management.
The result of that has worked wonders for a select few and caused extensive hardship for the majority of existing pensioners.
We are advised that one privileged member FNPF Account number 0620599 DOB: 27/04/54. Had a Total Balance as at August 2017 of F$987,485.39, this equates to an average yearly contribution and interest of F$22,964… for each of the last 43 years… Made possible by this administrations overhaul of the FNPF…. Want to guess who this account belongs to…????
Frank this was 4 years ago, Your party won because of the high volume of votes 279 received,, Get ready to drop votes and seats Frank, there are a lot of unhappy voters.Only FIVE months to go to the election and its almost too late for you to jettison the massive handicap you are carrying.
A handicap that you gave yourself, by giving one individual too much power, the handicap of the resulting lack of transparency, cronyism and corruption. It is all around you Frank, you MUST be able to see it.
Those that want you to continue in power are appalled that you ignore it. Those that want to replace you are rubbing their hands in glee.
There is no doubt that you will get many supporters willing to sign when your Blue Bus travels the country, but on polling day Frank it could well be a different story unless you put your own house in order.
You created these problems Frank and there are still a great many people who are waiting to see if you are big enough to sort it out.
Time to stop listening to bullshit Frank, time to sit down with the men you trusted in 2006 (some of who you have discarded) and listen to what they have to say, chances are you might not like to hear it, but it could help you win the forthcoming election.
Everyone now knows who is presently making all the rules in Fiji Frank, and it is not you.
How about setting up a Hot Line for Nepotism, Cronyism and corruption… Not forgetting defrauding pensioners and protecting himself with Decrees…
Minister for Education Aiyaz Sayed‑Khaiyum
The Minister for Education Aiyaz Sayed‑Khaiyum says they are going to set up a hot line to deal with complaints regarding the Education system.
Sayed-Khaiyum highlighted that sometimes parents call media organizations instead of the Ministry of Education to raise their issue but they do not necessarily tell the truth.
He adds that people can channel complaints through the Ministry’s hot line as it gives a better mechanism to see things through this complaints.
Sayed-Khaiyum says they have some parents that say that their son or their daughter is not being accepted but then they find there are issues pertaining to discipline and various other issues.
Fijivillage had highlighted an incident whereby a Year 12 student of Jai Narayan College who has been part of the school since year 9 was told to look for another school by the Principal.
The father of the student says that the list of students that had already been given a place in Year 13 had scored more than 300 marks whereas his son had scored 219.
The parent confirmed that after discussing this issue with the Ministry of Education, they were informed that his son can attend Year 13 in another school in the Samabula area.
Sayed‑Khaiyum states that they have referred this complaint so the Ministry of Education will speak directly to the school.
WE CAN ONLY PRAY THAT IT HAS…
SACKED? Sources close to FFP tell us that Aiyaz Sayed Khaiyum has been sacked from the party as Bainimarama prepares Inia Seruiratu to possible role as next PM; Bainimarama also swore at Khaiyum’s children
He was angry after Khaiyum unceremoniously sacked his daughter from Information Ministry and prevented Bainimarama from attending the launching of his son Meli’s IT company, prompting Bainimarama to lash out at Khaiyum’s children. As a father he felt he was being told to be indifferent to his children and their career and business ambitions
ISLAMOPHOBIA reaches fever pitch as video surfaces on social media: ‘Extremist from Pakistan says Aiyaz Khaiyum is KING OF FIJI’; Fijileaks: Maulana came from India but he did say Khaiyum is KING (Fiji ke Raja)
Click on the link and have your memories refreshed.
Prime Minister Check Decree 51
The Prime Minister says that over the last decade that he has led Fiji, he has made it his personal mission to assure that no Fijian has felt cast aside in their own country and abroad, he made special efforts to reach out to the diaspora communities and reconnect with the extended Fijian family.