SINPF

About the Fund

A national savings institution built to turn working years into a secure retirement — for every Solomon Islander in the formal workforce.

Our vision

Securing and enhancing our future.

Our mission

Achieve sustainable growth through real return and provision of quality services.

Our values

Four principles that guide how we act with members, stakeholders, and each other.

Ethical, responsible and professional conduct at all times

In all we do, we apply the highest personal, professional and ethical standards and together we act with transparency and consistency in a no-blame environment.

Productivity, teamwork and striving for continuous improvement

By harnessing the passion, skill and experience of the whole team we will prioritise and provide excellent service to all members and stakeholders.

Effective stewardship and leadership

Effective leadership is embedded at all levels within SINPF and is applicable to everyone.

Passion to deliver results for members

Constantly striving to make things better for members by identifying new knowledge, opportunities and smarter practices and by working together in effective innovative and creative teams.

What SINPF is

The Solomon Islands National Provident Fund (SINPF) is the country's mandatory retirement savings institution. Established under the National Provident Fund Act in 1973, the Fund collects regular contributions from employers and employees, invests them prudently, and pays benefits back to members at retirement — and at the other key moments the Act allows.

Put simply: SINPF holds the savings of the Solomon Islands workforce, grows them over a lifetime of work, and returns them when members need them most.

Who the Fund serves

Every formal-sector worker in Solomon Islands is a member of the Fund, from the first day of their first job to the last day of their career — and beyond. Today the Fund looks after the savings of over 210,000 active members and holds around SI$ 4.8 billion in assets on their behalf.

Members never carry the Fund's running costs out of their own balance. Every dollar contributed stays working for the member who contributed it.

What the Fund stands for

Four principles that sit behind every decision — from how contributions are collected to how benefits are paid.

Members first

Every decision — every investment, every rule, every expense — is tested against one question: does it serve members' savings?

Prudence

The Fund takes only the risks its Investment Policy Statement allows. Discipline is a feature, not a limit.

Transparency

Members, employers and the public can see how the Fund is run — through annual reports, audited financials, and regular updates from the Board.

Long-term thinking

The Fund invests for decades, not headlines. The timeframe that matters is the length of a member's working life.

How membership works

Membership in SINPF is built on three straightforward moves:

  • Contributions. Each payday, a share of a member's wage is contributed to the Fund — part from the employee, part from the employer — under the rates set by the National Provident Fund Act.
  • Growth. Those contributions are pooled and invested by the Fund's Investment Department, under the rules of the Investment Policy Statement. Each year, the Board credits members' accounts with their share of the returns earned.
  • Benefits. When a member reaches retirement — or qualifies for any of the other benefits the Act allows — the Fund pays out what has been saved and earned, in full.

Between contribution and benefit, the Fund's single job is to protect the real value of members' savings and grow them responsibly over the long run.

Our corporate values

  • Making prudent investments with real returns to members — protecting and growing members' financial wealth and managing risk efficiently and effectively.
  • Contributing to national infrastructure, economic and social development in the Solomon Islands by working in partnership with stakeholders and communities.
  • Delivering professional and excellent service at all times.
  • Developing and improving staff capacity and capability to meet all challenges and deliver agreed outcomes in a timely manner.
  • Encouraging all Solomon Islanders to save for later life.
  • Exploring, developing and providing innovative products and services to members.
  • Committing to best practice and good governance.

Go deeper

Four doorways into the detail behind how the Fund works.

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