14/11/2025
๐๐๐ฌ๐ ๐๐ญ๐ฎ๐๐ฒ: ๐ ๐๐๐จ๐ฉ๐ฅ๐, ๐ ๐๐ข๐๐๐๐ซ๐๐ง๐ญ ๐๐ฎ๐ญ๐๐จ๐ฆ๐๐ฌ
To illustrate how much of a difference Voluntary Contributions can make to your superannuation, lets look at an example.
Joe, Mary, Jerry and Jane all earn K25,000 per annum. Joe decided against a Voluntary Contribution (K0), in the same year the others including Mary (extra K29 per fortnight), Jerry (extra K58 per fortnight) and Jane (extra K87 per fortnight) began their varying amounts of Voluntary Contributions.
Assuming that Nambawan Super pays 7% interest each year letโs see how they go after 20 years contributing.
Four people earning the same amount, but four different employee contributions and four different outcomes. Through the power of Compound Interest, the little extra you make in Voluntary Contributions can result in a big difference when you are ready to retire.
Learn more: www.nambawansuper.com.pg/voluntary-contributions