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CHECK YOUR SUPERANNUATION - NASFUND INSIDER

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Public Servants should immediately check on the status of their superannuation entitlements if they are thinking of retiring now or in the months ahead. It is becoming clear that the O’Neill Government has not been paying its contributions to at least some super funds and retiring members have been told that they cannot get their payouts. Some Defence Force personnel have told PNG Blogs that there is not enough money in the Defence Force Retirement Benefits Fund to meet payouts that members are legally entitled to. There are fears that State contributions have not been paid to teachers and police, and possibly Nambawan Super as well. Members who have been told they cannot access their payouts are welcome to email us, pngblogs@gmail.com, or post comments on our web site, www.pngblogs.com. The non-payment of superannuation contributions is occurring because the O’Neill Government is essentially bankrupt. Five years of O’Neill Government corruption, waste and economic mismanagement have