NASFUND RECORDS GROWTH OF K7.9 BILLION TO K8.1 BILLION

By Zebedee GIAME, Lae

THE National Superannuation Fund (Nasfund) has grown and recorded a net worth of K7.9 billion in 2023 to now K8.1 billion and growing.

With currently 707, 000 members, and 3,100 members contributing throughout 18 branches nationwide and one Virtual Office, this year has been a good year for the fund so far and Nasfund has grown ever since and is still growing.

Chief Communications officer Turaho Morea announced this during the 3rd National Superannuation Fund Employers Conference for this year in Lae, Morobe province.

Mr Turaho Morea in his opening remarks told NASFUND employers from around the Momase Region that the conference is an engagement opportunity for Human Resource officials.

Mr Morea explained that through this conference, Nasfund is able to share information on the fund’s performance throughout the course of the year whilst also adding that the conference will enable Nasfund to collect feedback and interactions, to help Nasfund enhance the superannuation experience of members.

He added that through the conference, Nasfund can also make its products more user-friendly.