Frequently Asked Questions - FAQs
General NASSIT Frequently Asked Questions....
- What is the NASSIT Scheme?
- What is Social Security?
- What does NASSIT do?
- Who is Eligible for Membership of Social Security?
- How does one become a member of NASSIT?
- Where can one register as a member?
- Do you have to register again if you change job or employer?
- How is the Scheme financed?
- What are the contribution rates.....?
- When should contributions be paid...?
- When should contributions be paid...?
- Can a member withdraw part of his contribution...?
- What happens to my contributions if I quit working....?
- What happens if I stop contributing....?
- Is it possible for a member to continue paying his or her contributions to NASSIT from abroad...?
- As a self-employed, it is possible to increase my contribution to NASSIT if I happen to be making profits at the end of every month..?
- Do you have to inform NASSIT if you change your name.....?
- Do you have to inform NASSIT when you change your address...?
- Can one change his date of birth with NASSIT...?
- How often can a member change his beneficiaries....?
- How can I update my personal records....?
- What are the benefits under the NASSIT Pension Scheme...?
- What are the qualifying conditions for Old age pension and gratuity..?
- How do you calculate the Full Old age pension.....?
The National Social Security and Insurance Trust is a Social insurance scheme in which members contribute periodically and receive
Social Security is an organised programme that provides income protection for its members in the event of certain contingencies including Old age, I
The object of the Trust is to provide retirement and other benefits to meet the contingency needs of workers and their dependants
[Everyone can be a member. It is mandatory for employers to ensure that all workers in their employment are registered. Even if organistion employs one worker, that worker should be registered and contributions paid on his behalf. The only exemptions are:
- UN Employees
- Employees of Foreign Missions that are not Sierra Leoneans]
[To become a member of NASSIT you must be registered and given:
- A Social Security Number
- A Social Security Card]
[One ca register as a member at any of the NASSIT Regional Offices in the country. For your information please check Contact Info link
[No, you are expected to register only once. If you have registered and been given a social securiy card, as and when you change job inform your employer of your membership of the scheme and let him quote your social security in all transactions with NASSIT]
[The Social Security Scheme is financed from the contributions of members and the returns on investment projects undertaken by the Trust]
[The contribution rate per member is 15% of the monthly earnings.
[The contributions should be paid in cash or cheque at any NASSIT Reginal Office.
[Contributions should be paid on or before the 15th of the ensuing month. Contributions can also be paid in advance]
[No. A member cannot withdraw part of his contributions because it is not a savings scheme.
[When you are not employed, your social security account is frozen. It is re-activated whenever you begin to pay contributions]
[You will owe Social Security arrears if you do not fill in a notification of termination when you stop your declared business, trade or pro
[Normally, members only pay conributions to NASSIT when they are within Sierra Leone.
[Yes, that is possible.
[Yes. Any member who changes his/her name should contact the nearest NASSIT Regional Office for the change to be effected in his personal record]
[Yes. If you change your address please inform the nearest Regional Office for the change to be effected on your personal records]
[No. This is because dates of birth do not change.
[As often as possible]
[You can update your personal records-change of name, change of address, change of beneficiaries by completing a membership update SS1C Form
[Members of the NASSIT scheme are entitled to a package of benefits as prescribed by the NASSIT Act of 2001 in the event of old age, invalid
[This is paid to a member who is 60 years old (which is the National Retirement age), and has made a minimum contribution of 180 month
[To calculate your pension, we take an average of your best five years earnings and pay on a percentage that is determined by the number of