Disclaimer
The results obtained from these calculators are for general purposes only to illustrate the effect of compound interest and are not intended as a substitute for professional financial advice. Before making any financial decisions on the basis of these results, you will need to consult with an independent financial planner or accountant as well as consider whether the advice is suitable to meet your personal financial objectives and circumstances.
The actual performance of any investments will depend on future economic conditions, investment management, fees and taxation. Past performance is no guarantee of future performance and as a result of this, all the results are hypothetical and are NOT GUARANTEED.
Nambawan Super specifically disclaims any liability for any direct, indirect, incidental, consequential or special damages arising out of or in any way connected with the access to or use of these calculators. To the extent permitted by law, under no circumstances will Nambawan Super be liable for any loss or damage caused by a user's reliance on the information by using these calculators.
Assumptions
Projected super balance at retirement:
The projected total super balance takes into account your starting balance, employee and employer contributions, any additional voluntary contributions as well as interest earned between now and your retirement.
Retirement age:
We have assumed a default retirement age of 65. This can be adjusted in the calculator.
Working life:
The calculator assumes that you will have a continuous working life with no breaks up to your retirement age.
Interest rate:
The default investment returns have been set at 6.0%. This is based on the Nambawan Super 10-year average interest rate.
Employee contributions:
PNG Superannuation laws dictate that 6% is the mandatory minimum contribution for employees to make. Employees may choose to contribute more than the minimum.
Employer contributions:
PNG Superannuation laws dictate that 8.4% is the mandatory minimum contribution that employers have to make. Employers may choose to contribute more than the minimum.
Job Posted: 9 June 2025
Nambawan Super Limited (NSL) is seeking to recruit an experienced and highly motivated professional for the position of Member Services Supervisor for its Mt. Hagen Branch based in Mt. Hagen, Western Highlands Province.
Reporting to the Highlands Regional Team Leader, the successful candidate will be responsible for ensuring effective and efficient daily operations of NSL Mt. Hagen Branch.
The position is also responsible for ensuring satisfactory delivery of customer service as well as fostering strong leadership in bringing new NSL businesses, and ensuring that regional targets are achieved collectively on time and specifications.
Our minimum requirements are;
- Diploma in Management, Finance and Business Administration is preferred.
- 5 years’ experience in similar role.
- Must possess sufficient know-how on Frontline Customer Services, Administration and Superannuation.
- Possess basic Business Acumen skills.
- Strong Communicator, both written & verbal.
- Good planning and organisational skills.
- Good Leadership, mentoring and coaching skills.
- Reliable and “go to” person.
- Result driven and pays attention to detail.
- Have a class 3 or 6 PNG driver’s license (desirable).
- Must be a resident of Mt. Hagen, Western Highlands Province.
Why join Nambawan Super?
It’s an exciting time to join Nambawan Super, as the Fund continues to invest heavily in new technology and innovation as part of its commitment to transform and improve our member experience. Remuneration offered, commensurate with skills and experience.
To apply for the position, please submit a cover letter outlining why you are suitable for the position, your resume with experience and qualifications. Please email your application & credentials including 3 current referees to recruitment@nambawansuper.com.pg
Application Close: Monday, 23 June 2025.
NOTE: Only shortlisted candidates will be contacted for an interview. This position only open to PNG Citizens.
