NASSIT to Revolutionize Social Security with Innovative Informal Sector Scheme
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This comprehensive report represents a seminal evaluation of the scheme’s financial sustainability, underscoring a significant stride in NASSIT’s mission to broaden social security benefits to informal workers, a demographic historically marginalized by conventional pension systems. The proposed scheme is set to be a lifeline for millions of workers across critical sectors such as agriculture, trade, and various other informal industries that are the bedrock of Sierra Leone’s economy.
During the presentation, a distinguished assembly of stakeholders—including government dignitaries, representatives from the Sierra Leone Labour Congress, development partners like the ILO and UNDP, and leaders of informal sector associations—engaged in deep and thoughtful deliberations on the report’s conclusions and strategic recommendations. The report accentuates the imperative of establishing affordable contribution rates coupled with flexible payment structures to galvanize widespread participation. Furthermore, it advocates for the integration of essential benefits, including employment injury insurance, sickness insurance, maternity benefits, and unemployment protection within the NASSIT framework.
Minister of Employment, Labour, and Social Security, Mohamed Rahman Swarray, reaffirmed President Julius Maada Bio’s steadfast commitment to extending the mantle of social security to Sierra Leone’s informal sector workers. He lauded NASSIT’s forward-thinking approach, emphasizing that this groundbreaking initiative aligns seamlessly with the government’s overarching vision of universal social protection.
NASSIT Director General, Mohamed Fuad Daboh, conveyed his enthusiasm for the profound impact the proposed scheme is poised to have on the nation’s informal workforce. “This report marks a monumental leap in our quest to create a more inclusive social security system,” he asserted. Daboh further acknowledged the indispensable contribution of the informal sector to the national economy, underscoring the critical need for a resilient social safety net for this vital group of workers.
The anticipated success of this initiative is anchored in the ongoing collaboration between NASSIT’s Technical Team, development partners, and informal sector associations. The realization of this social protection scheme is expected to fortify Sierra Leone’s economic resilience by providing robust security for informal workers.
ILO Representative, Adam Dramane Bachabbi, reaffirmed the organization’s unwavering support for Sierra Leone’s efforts to secure social protection for all its citizens, highlighting a shared global commitment to fostering inclusive social welfare systems.
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