The Samoa National Provident Fund was formed in 1972 under the NPF Act 1972. The Samoa National Provident Fund’s (SNPF) mandatory role, responsibilities and authority are clearly stipulated under the NPF ACT 1972 which was amended by the Samoa National Provident Fund Amendment Act 2010. This Fund represents a compulsory savings scheme for the purposes of retirement for all employees employed in Samoa or by a company or organisation registered in Samoa. A minimum of 8% of gross income is paid by the employee with a matching 8% paid by the employer.
Providing For A Secured And Quality Living.
We endeavour to deliver our services to our members and the people of Samoa in line with the following values:
The total number of active members of the Fund by October 2016 was 32,938 with 26% from the public sector and 74% from the private sector. The number of registered current employers is 1,653. Total members’ contributions as at October 2016 was $544 million. Total Net Assets of the Fund in the same period was $601 million.