It’s the highest ever bonus ever to be paid out to the 20-thousand plus SNPF members in the history of the Fund.
The previous high dividend distributed by the SNPF was 9% in 2004.
It’s also the first time that a cash reward, represented by the 3% bonus this year is given to members to do as they please. No strings attached.
In previous years, cash payments from the Fund to its members was endorsed by the Board with the blessing of government to assist with recovery work as a result of natural disasters such as the 2009 Tsunami and the most recent, Cyclone Evans.