The majority of Fiji National Provident Fund (FNPF) members continue to hold low retirement savings balances, according to figures released in the FNPF 2025 Annual Report.
The report shows that of the 436,860 total members, 194,627—or nearly 45%—have balances of $5,000 or less.
A further 120,283 members hold between $5,000 and $20,000, meaning that more than 72% of all members have balances below $20,000.
The distribution of balances also reflects significant differences across age groups.
Young members (16–24 years) account for 62,265 members, with most—over 53,000—holding less than $5,000.
The 25–34 age group, one of the largest cohorts, has 138,660 members, but more than 64,000 are still below the $5,000 mark.
Even among members aged 55 and above, 6,993 have balances under $5,000, with 895 showing zero or negative balances.
Only a small fraction of the membership holds substantial retirement savings.
Just 1,723 members have balances between $250,000 and $500,000, while 465 hold between $500,000 and $1 million.
A total of 151 members have accumulated more than $1 million in their accounts.
The 2025 annual report was tabled in Parliament last week.
