According to Attorney General, Aiyaz Sayed-Khaiyum, under the provisions of the Bill, diplomatic missions and international organisations will be exempted from the needs of the FNPF
This endowment was a substantial step taken by FNPF in collaborating with IFC to take advantage of opportunities in the private sector in emerging Asia markets.
The IFC has committed up to $US200m ($F413m) and the FNPF $US50m to the $US1b ($F2.
In the areas Ive visited in the Western Division, these new requirements have brought a sense of relief as they make it much easier for FNPF members to recover quickly from this crisis, he said.
Starting 2 March, 2016 to obtain FNPFs $1,000 recovery package, members must sign a statutory declaration stating the members name, FNPF number and bank account details.
FNPF teams will now no longer inspect or visit villages/settlement or members houses to verify members residential addresses.
FNPF Board Chairman Ajith Kodagoda announced the relaxation of the requirements to ensure that members can access their funds to help them rebuild their lives.
I wish to apologize for the delays taken in mobilizing FNPF assistance to those of our members who need funds to rebuild their lives following the devastation by Winston.
Mr Kodagoda said the Board empathized with the suffering endured by FNPF members, and hoped that the relaxation of these requirements will provide relief and peace of mind to our members.
We are aware that there are people who have taken lump sum payment and already members of FNPF who are getting their pensions, he said.
FNPF will be identifying a list of all individuals who currently have access to superannuation or any pension scheme.
and Government pensioners are required to be re-certified by submitting Pension Renewal Forms on a quarterly basis, Mr Sami said.