THE TRUST
The Trust was established in 1972 under NRCD 127 to administer the National
Social Security Scheme. Prior to 1972, the Scheme was administered jointly by
the then Department of Pensions and the State Insurance Company.
WHAT IT DOES
FUNCTIONS OF THE TRUST
The Trust perform these basic functions:
- Collect contributions and data
- Keep records of members
- Manage the funds of the Scheme
- Process benefits for payment
HOW THE TRUST WORKS
OPERATIONAL SET UP
The Trust has a decentralized operational system.
This involves the Branch, Regional and Head Office Operations.
THE BRANCH OPERATIONS
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Registration of employers/employees
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Inspection of establishments and collection of contributions
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Collection and maintenance of data on employers and employees
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Assembling, processing, vetting and payment of claims
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Distribution and retrieval of statement of accounts on contributors
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Assembling students' loan applications for processing and payments
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Public Education on SSNIT operations
There are 45 Branches and 2 day Offices located all over the country.
AREA COORDINATOR'S OFFICE
- Co-ordinate operational activities between the branches and Head Office.
- Institution of legal action against defaulting employers
- Collection of all accounting returns and reports from the branches under them.
- Public education on SSNIT Operations/Customer Care and marketing of the Trust's products.
HEAD OFFICE OPERATIONS
- Acts as link between management and all the five (5) Area and forty-five (45) branch offices of the Trust.
- It co-ordinates all the activities of the Area and branches and submit monthly report for management information.
- It formulates operational policies and strategies.
- It monitors and controls all the affairs of Area and branch offices of the Trust.
- It co-ordinates all the activities of the Area and branches and submit monthly report for management information.
- It formulates operational policies and strategies.
- It monitors and controls all the affairs of Area and branch offices for efficient performance