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About Superannuation

Superannuation is a retirement savings program whereby employers are mandated to contribute a portion of their employee's fortnightly salaries to a superannuation fund that accumulates over time.

These savings accumulation continues overtime and is only accessible during retirement, unemployment, emigration, disability or death.

NATIONAL SUPERANNUATION FUND LTD (NASFUND)

Nasfund is a Superannuation Service Provider in PNG.

Nasfund is Papua New Guinea’s first licensed superannuation fund and operates as is a defined contribution plan (or accumulation) fund. It provides financial protection for members (or beneficiaries) at retirement or when regular income stops due to unemployment, disability, or death.

Who Can Join?


Compulsory Superannuation:

Membership is compulsory for private sector companies, government-owned entities, and statutory bodies where employer has 15 or more employees.

Voluntary Superannuation:

  • Every employer employing less than 15 employees but voluntarily elects to contribute.
  • Every employee receiving pay from the above employer and who elects to make voluntary contributions.
  • Non-citizens working in Papua New Guinea and informal sector and individuals can also join.


How It Works
 Nasfund invests the contributions you and your employer make with the goal of receiving positive returns and accumulating overtime so you can have enough savings to sustain you when you retire.

EDA SUPA

Voluntary Superannuation Savings Account

Eda Supa is a voluntary superannuation savings account for workers / individuals who are currently outside of the superannuation net by virtue of their status as being self-employed, operating a small business, working in a small establishment with less than 15 employees, farming in cash crops or recipients of landowner royalties. Persons who sign up to open an Eda Supa Account must be aware that this saving is subject to the normal rules and regulations that govern the Superannuation Industry.

Once you sign up, you are encouraged to contribute regularly. You are not able to withdraw anytime at will. Remember, this is not a bank account. This is a superannuation account that you have elected to open to cater for your retirement needs. Therefore, access to funds is subject to the same guidelines that apply to compulsory contributors.

Get in touch

Do you have a question for us?

Please contact us on:
Call: 1588
Email: help@nasfund.com.pg

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