Partial withdrawal is for members who are still out of employment after 3 months and are facing financial hardships. The FUND will pay you your most recent fortnightly gross salary, but on a monthly basis. Your Gross salary will be taken from your employer reference that is a required document when lodging your application.

Send an email to help@nasfund.com.pg with the following information; full name/current or last employer/ date of birth and name of one of your nominated beneficiaries.

You can email or fax your application to the nearest nasfund branch or email: help@nasfund.com.pg and copy the nearest Branch for further advice. Go to www.nasfund.com.pg to look up the contact of the nearest branch. Ensure that the copies sent are clear and visible for screening processes.

The online balance is updated weekly. However, sometimes it can be a week or two behind. For an updated statement, please email: help@nasfund.com.pg.

Also note that your balance is updated once a month. Even if your pay office deducts your pay fortnightly, your contributions are sent on the 15th day of the next calendar month, for example; your July payment will be received in August and etc, do not check your balance weekly because your contributions are updated on a monthly basis.

Immediately email: registrations@nasfund.com.pg or directdeposits@nasfund.com.pg for officers to confirm.

Your Funds are secured, but there are factors that contribute to contributions that are not updated on time.

Factors may include the following;

• Your employer has not remitted your contributions on time.
• Your employer may have remitted your contributions but they may not have advised the account officers of the FUND on deposits and the contributions may be sitting under the un-allocated trust fund.
• To correctly identify contributions and allocate accordingly, the FUND must then confirm with employers when the bank provides statements to correctly allocate the contributions which may lead to prolonging updates.
• Your employer may have remitted your contributions on time but the officers concerned have not updated your contributions because of un-clean schedules.
• A schedule is a form that includes every contributing member’s account details. If a schedule is incomplete the system automatically rejects the whole file and gets the account portfolio officers to send back to employers to provide ‘clean’ schedules. If this schedule is not returned immediately can cause the delay of updating contributions on time.

Steamships Trading Company Limited

Steamships Group is a diversified conglomerate in PNG. Steamships has three major operating categories which includes Logistics, Property & Hotels, and Commercial as well as various joint venture operations. 

https://www.steamships.com.pg/

Santos Limited

Santos is a global energy company with operations across Australia, PNG, Timor-Leste and the United States. Nasfund became a shareholder of this great company as a result of the Santos acquisition of Oil Search Ltd.

https://www.santos.com/

PNG Air Limited

PNG Air was initially established about 25 years ago and has been providing regular passenger travel, freight and charter services in the aviation sector of PNG.  

https://pngair.com.pg/

Kina Securities Limited

Kina Securities Limited (Kina Bank) was established in 1985 as a diversified financial service company. It offers customers end-to-end financial solutions from savings accounts to business loans, investments to mortgages, financial advice and investment management. Kina Securities Limited is a public company dual listed on the ASX and PNGX.

https://investors.kinabank.com.pg/Investors/