Fiji National Provident Fund (FNPF) members should expect to see an increase in their balance come next Monday following the announcement of an 8 per cent interest rate to be paid to members.

Deputy Prime Minister and Minister for Finance Prof Biman Prasad said the FNPF board made this declaration following the “remarkable financial performance” by FNPF.

He said this was the highest interest ever paid in the last two decades.

A total of $561.5million will be paid to members’ accounts on Sunday, and members can check their new balance on the myFNPF App and other digital platforms on Monday.