The Fiji National Provident Fund (FNPF) has cleared the air on queries surrounding proposed policy moves to address inactive accounts.

The Fund said that only concerned those with zero balance or with no funds in their account.

FNPF acting chief executive officer Viliame Vodonaivalu said the Fund had received an influx of enquiries from members who were concerned about the FNPF’s recent move to explore policy intervention in addressing the issue of zero balance.

“It seems a misunderstanding exists that this will apply to all members. The process of addressing these accounts with zero balances will not affect any member that has funds,” Mr Vodonaivalu said in a statement issued this afternoon.

“We would like to reassure our members that there is no reason to panic. FNPF will exhaust all avenues to contact these members, before any action is taken to either terminate or deactivate these accounts with zero balance.”

More than 59,000 members have zero balance and this is the total sum inherited over the years since the Fund began operations in 1966.