In adherence to the Institution's statute, the Management of the National Social Security and Welfare Corporation, under the supervision of the Board of Directors, is required to submit an annual report to the President of Liberia. This report covers the period January 1 to December 31, 2012. The report catalogs the operational and financial performance, key activities and milestones for the period. The report also highlights major challenges and presents Management's perspective and outlook for the coming year.
The performance of the corporation is evaluated and measured in the context of broader national objectives and priorities addressing issues on economic development and poverty alleviation, etc. The year 2012 marks the fourth year of the corporation's Five-Year Strategic Plan which established an aggressive agenda for rebuilding the National Pension Scheme following a protracted period of civil crisis. This year's report clearly reaffirms the growing confidence that employees and employers have in the revived social security program of Liberia.