The Nigeria Social Insurance Trust Fund (NSITF) offers several types of insurance to Nigerian workers, including:
Retirement benefits: This provides financial support to workers who have reached the age of retirement.
Disability benefits: This provides financial support to workers who become disabled as a result of an injury or illness that is not related to their employment.
Death benefits: This provides financial support to the dependents of workers who pass away.
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Workmen’s Compensation: This provides financial support to workers who are injured or become ill as a result of their employment.
Occupational Disease Benefit: This provides financial support to workers who suffer from an illness that is caused by their working conditions.
Maternity benefit: This provides financial support to female workers during pregnancy and childbirth.
Medical benefit: This provides financial support for medical expenses incurred as a result of an injury or illness.
Rehabilitation benefit: This provides financial support for rehabilitation expenses incurred as a result of an injury or illness.
Funeral benefit: This provides financial support for funeral expenses incurred as a result of the death of a worker.
Note that the above benefits may vary with the current law and regulations.
The Nigeria Social Insurance Trust Fund (NSITF) provides a range of benefits for Nigerian workers, including social security, pension, and insurance coverage. Some of the specific benefits provided by the NSITF include:
Retirement benefits for workers who have reached the age of 60 or have become disabled
Survivor benefits for the dependents of deceased workers
Disability benefits for workers who have become disabled and are unable to work
Medical benefits for workers and their dependents
Funeral benefits for the dependents of deceased workers
The NSITF also provides occupational safety and health services to employers and employees, as well as training and development opportunities for workers. The goal of the NSITF is to provide a safety net for Nigerian workers and their families, ensuring that they have access to financial and other support in the event of retirement, disability, or death.