Good Governance

Good Governance

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sites/default/files/images/guidelines/COLL02/
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GG
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COLL02
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Seychelles Pension Fund Pension calculator

In January 2015, the Seychelles Pension Fund (SPF) implemented a new pension formula, this was to strengthen the link between contributions and benefits and provide incentives for members to contribute longer periods as they benefit from a higher pension. Due to the complexity of its components (Average Wage, Annual Average Wage Growth, Accrual Rate and Years of Contributions), the pension calculator was designed to enable members to get an indication of their pension without having to understand the technicality of the formula.

Lean Management in social security: Project to implement a client-oriented, process-based management (MPOC) approach at the National Social Security Fund in Tunisia

The National Social Security Fund (Caisse nationale de sécurité sociale – CNSS) of Tunisia has for the past two decades faced problems relating to fiscal imbalance and budgetary constraints. This double bind led it to revamp its internal management style and methods of work by introducing a Lean Management approach. 

Beneficiaries affairs

The unexpected separation of Southern Sudan from Sudan had a significant impact on the total economy of the state since 75 per cent of oil revenues which is produced from the south fields has gone to the new country. This new situation led to rapid declining in the rate of exchange of local currency and consequently weakens the value of our pensions. Immediate actions had to be taken in order to minimize the poverty among pensioners.

Specific measures to support beneficiaries in the agricultural sector

The National Social Security Fund for Non-Salaried Workers (Caisse nationale de sécurité sociale des non-salariés – CASNOS) oversees the compulsory coverage of social insurance and retirement benefit risks of independent farm and non-farm workers operating in Algeria. It manages the collection of compulsory contributions.

The farming industry experienced difficult times in the 1990s, during which farmers were unable to pay their contributions, resulting in the loss of all benefits for themselves and their dependants. 

A Straight-Through Process (STP) for contributions collection for the National Social Security Fund (The Fund)

In a fast changing world, effective data management differentiates efficient organizations from the rest. In the past, the National Social Security Fund (herafter, The Fund) struggled with data management. This process was manual and required a team of dedicated staff. Posting of contributions to member accounts witnessed delays and some cases, totally forgotten. The result was that in June 2014, The Fund had USD 30 million in suspense accounts. The Straight Through Process (STP) project for contribution collection was implemented to ensure that:

Complaints Management System, a tool for effective supervision

The Social Security Regulatory Authority (SSRA) in Tanzania was established under section 5 of the Social Security (Regulatory Authority) Act No.5 of 2008. Among other things, the Authority has powers to regulate and supervise the Tanzania Social Security Sector. The Authority regulates five DB schemes namely; NSSF, PSPF, LAPF, GEPF and PPF. It also regulates one Workers Compensation Fund, WCF and one health Fund, NHIF.

Partnership with the State Treasury for the payment of benefits

The National Social Insurance Fund (Caisse nationale de prévoyance sociale – CNaPS) is the public institution managing the various branches (family benefits, work injuries, and occupational disease, pensions) of social protection for employees in Madagascar. It also manages the collection of contributions, and hence needs nationwide geographical presence. The priority accorded to maintaining the level of coverage and adjusting it to the needs of its members is a daily challenge for the CNaPS.

Pooling management system for the declaration and payment of taxes, social security contributions, and payroll-based employer contributions

The combined management system for the declaration and payment of taxes, social security contributions, and payroll-based employer contributions was established as a new requirement in the Democratic Republic of the Congo on 12 May 2015 by the Inter-Ministerial Decrees No. 20/CAB/VPM/ETPS/WM/2015 and No. CAB/MIN/FINANCES/2015/0143. It provides a “one-stop shop for submitting declarations” and paying the corresponding taxes by means of a single payment order to be submitted to the banking institutions.