Employers warned about workers’ right to super

By TONY PALME

IT is mandatory for small private companies and organisations which employ more than 15 people to ensure their employees are contributors to Nasfund, a conference has heard.
The Nasfund Contributors Savings and Loan Society 2018 employers’ conference held in Mt Hagen on Tuesday gave a general insight into what Papua New Guineans employed in the private sector ought to know.
Nasfund’s chief officer for member services, Charlie Gilichibi, said that any company or organisation that evolved in the private sector and employed 15 or more people should ensure the employees were part of the super scheme.
“If a company or organisation employs over 15 people, but does not give its workers the chance to contribute to their superannuation funds, then it is a big problem,” he said.
“That company is breaking the law and the Central Bank can prosecute them.
“The worker or employee has a right to report their employer to the authorities as well.
“It doesn’t matter whether you are engaged on a casual or permanent employment, security guard or cleaner.
“If your employer has more than 15 people working there, and if all of these workers worked there for more than three months, they should contribute to their superannuation benefits fund.
“Nasfund is here to ensure Papua New Guineans who are its members are provided the benefits or financial protection at retirement, loss of employment, death and disability to work or when the normal flow of income is suddenly cut off.