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  • At the end of 2007, Nambawan Super Ltd reached K2 billion mark in total assets, indicating 40% growth and a new record level for the fund.
  • Also, Nambawan Super received K250 million from the Government of PNG to settle part of its Unfunded Liability from proceeds available from the state's unbudgeted budget surplus.
  • New Kiosks locations, working along with POST PNG.

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Pensions

There are a total of 2062 pensioners. The pension scheme is currently managed by the Fund Manager (KISS). Pension payments are done fortnightly and deposited into each pensioner's account.

As a security measure, pensions are paid for sometimes during a year and suspended for six (6) months, then after receipt of the pension reactivation form, together with other details and if all are in order, the pensioner is then paid a lump sum. The scheme is managed by the Fund on behalf of the State.