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ESG Initiatives, Superannuation
Nasfund Chief Executive Officer, Rajeev Sharma, attended the Pacific Islands Investment Forum (PIIF) Investment Conference held in Denarau, Fiji, from 24 to 26 August 2026, representing Nasfund as a member of PIIF while also participating in his capacity as President of the Association of Superannuation Funds of Papua New Guinea (ASFPNG) and Treasurer of PIIF.
Superannuation is a long-term savings plan designed to provide income during retirement. It offers financial benefits through regular contributions and long-term investment growth.
To grow your Nasfund superannuation, actively contribute regularly, whether through employer contributions or voluntary top-ups, to boost your retirement savings.
To minimize tax on your Nasfund superannuation payout, keep your savings invested for at least 15 years. This reduces your exit tax to 0%, compared to higher rates for earlier withdrawals, while also maximizing your savings through compound growth.
National Superannuation Fund Ltd or Nasfund is an accumulation fund and was the first Approved Superannuation Fund to be licensed by the Central Bank under the Superannuation (General Provisions) Act 2000 in 2002.
Eda Supa is for anyone who is earning some form of income and wants to save in a superannuation environment, farmers, sole traders and small business owners.
Nasfund's investee companies are carefully selected to align with the fund's strategy of delivering consistent returns, ensuring sustainable growth, and maximizing value for its members.
Get discounts and save when you shop.
Watch your savings grow via your mobile phones
Discounts for Nasfund Contributing Employers
Experience a virtual online customer experience
The interim rate is the crediting rate the fund uses for withdrawals
A benefit that is offered to members while they still contribute to the Fund
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The iShares U.S. Infrastructure ETF seeks to track the investment results of an index composed of equities of U.S. companies that have infrastructure exposure.
https://www.ishares.com/us/literature/fact-sheet/ifra-ishares-u-s-infrastructure-etf-fund-fact-sheet-en-us.pdf
The iShares Core S&P 500 ETF (IVV) is an exchange-traded fund (ETF) that aims to track the investment results of the S&P 500 Index, which represents 500 of the largest publicly traded U.S. companies.
https://www.ishares.com/us/literature/fact-sheet/ivv-ishares-core-s-p-500-etf-fund-fact-sheet-en-us.pdf
The Company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. Newmont is an industry leader in value creation, supported by robust safety standards, superior execution and technical expertise. Founded in 1921, the company has been publicly traded since 1925.
https://www.newmont.com/investors/default.aspx
This relocation marks the conclusion of Nasfund’s temporary arrangement with BSP Financial Group Limited, who kindly provided office space during this period.
Nasfund’s Chief Executive Officer Rajeev Sharma said, “The Fund extends its sincere appreciation and acknowledgment to Mr. Mark Robinson, Chief Executive Officer of BSP Financial Group, as well as the banks Board, Management, and Staff for their generous support, which enabled Nasfund to continue serving its members without interruption.”
The new Tang Mow Plaza office will maintain the standard operating hours of 9:00am to 3:00pm, with segmented days allocated for specific services to ensure efficient and streamlined assistance.
We welcome all members and employers to visit our new premises from Monday, 14th July 2025, and look forward to continuing to provide superannuation services to the people of East Sepik Province in Wewak town.
A formal signing ceremony was held in Port Moresby on June 25th, officiated by George Constantinou Jr, Managing Director and Group Chairman of the Constantinou Group of Companies, and Rajeev Sharma, Chief Executive Officer of Nasfund.
Through this partnership, Monier Limited will offer a 10% discount on key products including Water Solutions Poly (HDPE) Pipes, Masonry Concrete Blocks & Pavers, and Construction Sand, available exclusively to registered and currently contributing Nasfund employers.
Nasfund CEO Rajeev Sharma stated, “We’re pleased to have Monier Limited join our Employer-to-Employer Discount Program. These strategic partnerships are what Nasfund has been actively pursuing to help provide financial relief for our contributing employers.”
To access E2E discounts, registered and currently contributing Nasfund employers must:
1. Contact Nasfund’s Marketing & Stakeholder Engagement Team Email the team to request an official Employer ID Card.
2. Use the ID Card at E2E Partner Locations Present this ID card at any participating E2E partner, such as Monier to receive the applicable discount on purchases for your business.
Businesses that join as E2E partners benefit from: Brand visibility and promotion as a responsible corporate partner supporting local PNG businesses. Recognition for contributing to nationwide cost savings for employers. Stronger B2B relationships by participating in a network that fosters collaboration and economic growth.
Nasfund remains committed to growing this initiative with partners from a range of industries, ensuring mutual value for our contributing employers and the wider business community.
For more information or to join the E2E Program, contact: Rhaymoly Alphonse at mailto:ralphonse@nasfund.com.pg or Hamilton Riman at mailto:hriman@nasfund.com.pg.
The National Superannuation Fund Limited (Nasfund) yesterday, 19th June 2025, officially reopened its Boroko Client Service Centre, marking the return of one of its most recognized and historically significant branches.
Closed in October 2022 to allow for a full upgrade, the Boroko branch has now been transformed into a modern, inclusive, and member-focused facility, designed to enhance comfort, efficiency, and accessibility.Speaking at the reopening, Nasfund CEO Rajeev Sharma said the project reflects the Fund’s long-term commitment to investing in infrastructure that directly improves the member experience.
“This isn’t just a refreshed space, it’s a recommitment to serving our members with purpose,” said Mr. Sharma. “Boroko has always held an important place in our story, and it’s now equipped to support members even better.”
The redesigned center includes a member chamber with a capacity for up to 180 people, eight service counters, private interview rooms, and a new internal conference space. The facility also features upgraded electrical and IT systems, enabling it to function as a backup site to Head Office should service disruptions occur.
“We’ve built Boroko not just for convenience, but for continuity,” Sharma added. “This branch now plays a key role in keeping our services accessible and reliable in any situation. We’re proud to welcome members back to a space that truly belongs to them, their service center, their Fund, and their future.”
The Boroko Client Service Centre is now open Monday to Friday, from 9:00am to 3:00pm, offering a full range of member services. These include processing of withdrawals, housing advances, ID card issuance and replacements, member detail updates, and general account support. In the near future, the Service Centre will also house Nasfund’s Employer Services Team.
These regional events bring employers together to gather updates on superannuation, and encourage best practices for all employers and their respective staff.
A key moment at today’s conference was the recognition of the Coffee Industry Corporation Limited (CIC), who travelled to Mt. Hagen to receive two awards from Nasfund Chief Executive Officer, Mr. Rajeev Sharma.
• Best Employer with Employer Voluntary Contributions – Category B (Winner)
• Most Compliant Employer in Mandatory Contributions – Category B (2nd Runner-Up)
“These awards reflect CIC’s ongoing commitment to looking after its employees’ future through regular and voluntary super contributions,” said Mr. Sharma. “CIC’s leadership in this space is an example for others across the Highlands and PNG.”
Other employer award recipients from the region included:
• Lahani Finance– Best Non-Mandatory Contribution Employer
• Jojo Enterprise Limited– Best Non-Mandatory Contribution Employer
• Asaroka Lutheran High School– Category C Runner-Up
The program included presentations from Ms. Anne Wilson, Chief Officer Member and Employer Services, and Ms. Fiona Nelson, Chief Investment Officer, followed by an open Q&A session.
The final conference for the New Guinea Islands region will be held in Kokopo, East New Britain on Friday the 13th June.
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