SINPF WARNED EMPLOYERS TO PAY UP
The SINPF logo. Photo credit: SIBC.
The Solomon Islands National Provident Fund (SINPF) has warned all employers to settle their employees’ unpaid monthly contributions to avoid any disciplinary action taken against all member employees.
This includes submitting all contribution schedules and settling all outstanding surcharges.
In a statement, SINPF says this is important to enable them to pay interests and to prepare and distribute annual statements of accounts to its members before the year ends.
It said these are obligatory requirements for all employers under the SINPF Act.
It also relates to the social responsibility of the employers to ensure all monthly contribution remittances and schedules are submitted up to June last year.
Meanwhile, employers who already submitted their contribution schedules and payments to the Fund up to this month should ignore the warning.