Who We Are
The Fund is established by the Solomon Islands National Provident Fund Act 1973
- Commenced operations on 1st October 1976
- Classified as a defined contribution fund
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- Members legally are to contribute a minimum of 5% and multiple of 10% on voluntary basis
- Employers legally are to contribute 7.5% on behalf of his/her employee
- Board mandated to declare a minimum statutory crediting rate of 2.5% to members on or before end of September ( SINPF Amendement Act 2018)
- In 2003, SINPF is deemed a financial institution under the Financial Institutions Act (FIA) and subject to prudential reviews by the Central Bank of Solomon Islands (CBSI)
- Financial year end 30th June
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