- Thursday, 26 March 2015
The 1975 Act establishing the National Social Security & Welfare Corporation (NASSCORP), as well as the related General Regulations (revised 1988), established responsibilities that all organizations and persons registered under the Social Security program as employers are required to satisfy. Within this context the management of NASSCORP is providing you this educational tool to ensure that as an employer, you understand your rights and responsibilities under the Social Security law.
As an employer, you are the fulcrum of the Social Security program. Your compliance therefore, is required for the successful implementation of the Social Security schemes. Moreover, your compliance ensures that you and your employees enjoy the full benefits administered by NASSCORP.
Employers who fail to follow the guidelines and regulations established under the law risk being penalized for failing to abide by the provisions of the Act and General Regulations of NASSCORP. You will find this document useful and it will help you as an employer, to remain in compliance with the law and avoid any defaults and breaches.
During its existence, NASSCORP has made important strides in bringing social security to your doorstep through the print and electronic media as well as through awareness workshops. Accordingly, this revised Employer's Guide will simplify, for you, your rights and responsibilities as an employer and how you can satisfy the provisions of the Act and General Regulations. The management of NASSCORP hopes you will make the best use of this guide to help you understand your rights and fulfill your obligations.