About Us
The Vanuatu National Provident Fund (VNPF) is a financial institution established in 1987 under the VNPF Act [CAP 189]. VNPF was established as the country's first social security system, to provide a safety net then workers reach retirement age and benefits to members through the management of their savings in an efficient and reliable manner.
It is compulsory for all employees in Vanuatu earning at least VT3,000 per month and aged between 14 and 55 years to be members of the Fund. Self-employed and informal sector workers, such as farmers, fishermen, market vendors, kava bar owners and drivers are able to join as Voluntary Members and save for retirement on a voluntary basis.
Member and employer contributions are calculated on the monthly remuneration of an employee. The rate of contribution is 8% of the employee's remuneration, of which 4% is from the employee's monthly remuneration while 4% is contributed by the employer.
All members, including employees and Voluntary Members, have access to member benefits.
Vision
Honestly serving our Members throughout their lifetime and when needed.
Mission
To ensure the financial and economic security of the Members of VNPF through professional and ethical leadership.
Values
- Integrity and respect through action and interaction
- Professional and ethical representation of our organisation
- Cooperation between employer, employee and Government
- Accept and value individuals for their unique talents and contributions
- Accountability and responsibility for individual and collective actions
- Diligence in understanding and strengthening the individual and the organisation, and our constituents
- Continuity by seeking knowledge from a variety of sources to ensure leadership succession
- Integrity and respect through action and interaction
- Professional and ethical representation of our organisation
- Cooperation between employer, employee and Government
- Accept and value individuals for their unique talents and contributions
- Accountability and responsibility for individual and collective actions
- Diligence in understanding and strengthening the individual and the organisation, and our constituents
- Continuity by seeking knowledge from a variety of sources to ensure leadership succession