One hundred and fifty-one Fijian millionaires who are members of the Fiji National Provident Fund (FNPF) will each see a minimum of $95,000 in annual interest alone credited to their FNPF accounts when they wake up on Wednesday morning – at least if the numbers in the latest FNPF annual report are anything to go by.
In a table that breaks down its member balances by age, the 2025 annual report for FNPF’s financial year ended June 30, 2025 reveals that a total of 151 members have over $1million in their accounts.
Of these, 102 are between the ages of 55 and over, 30 are between 50 and 54 years old, eight are aged between 45 and 49 years while 11 are between the ages of 35 and 44.
Thanks to the fund’s historic 9.5 per cent interest declaration for this financial year (ended June 30, 2026) announced last Friday, this cohort — who collectively made up 0.034 per cent of FNPF’s total 436,860 membership at the time — is looking at an interest payout of at least $95,000 each when the clock strikes midnight tomorrow.
That translates to a minimum payout of $14.345m.
The forced savings fund is however skewed to the lower end of its account balance spectrum with majority of its members — a total of 194,627 — having between $1 and $5000 in their accounts and an additional 6009 members with a zero or negative balance (as at June 30, 2025).
Their interest in dollar value is within the range of nine cents and $475.
Of this cohort, a total of 7888 were at or over 55 years old.
This year, FNPF reported a strong financial performance that delivered over $1.2 billion in total investment income, which it said will support its 9.5 per cent interest for members and which will see about $866 million credited to more than 446,000 members and DrawDown Account (DDA) holders.
Key contributors to the strong year included telecommunications investments, hotel subsidiary operations, commercial lending, strategic property assets, Government bonds and offshore investments according to FNPF’s announcement last Friday.
