First law: 1961.
Current law: 1993 (implemented July 1994).
Type of program: Social insurance system.
Exchange rate: U.S.$1.00 equals 88.40 naira.
Employees of firms with 5 or more workers. Exclusions: Public servants, diplomats, aliens covered under equivalent foreign programs, self-employed, and clergy. Special system for pensionable public employees. Voluntary coverage for some excluded categories under specified conditions.
Insured person: 2.5% of basic salary.
Employer: 5% of basic salary.
Government: None.
Maximum earnings for contribution and benefit purposes: 48,000 naira per year.
Old-age pension: Age 60, and 120 months of contributions; retirement from regular employment.
Retirement grant: Age 60, and not less than 12 months of contributions; retirement from regular employment.
Disability pension: Permanently disabled, and 36 months of contributions including 12 consecutive months.
Disability grant: Permanently disabled, and 12 months of contributions.
Survivor pension: Deceased was eligible for disability or retirement pension at time of death.
Survivors grant: Deceased was eligible for disability or retirement grant at time of death.
Funeral grant: Deceased was receiving disability or retirement pension or had 60 months of contributions.
Old-age pension: 30% of final average monthly insurable earnings plus 1.5% of those earnings for each 12 months of contributions paid or credited over first 120 months.
Minimum pension: 80% of national minimum wage; maximum pension, 65% of final average monthly contributions.
Retirement grant: Lump sum amount equal to final monthly contributions multiplied by number of months of contributions.
Disability pension: 30% of final average monthly insurable earnings increased by 1.5% for every 12 months of contributions in excess of 36 months up to age 60.
Minimum pension: 40% of final average contributions or 80% of national minimum wage.
Disability grant: Lump sum amount equal to final monthly contributions immediately prior to disability, multiplied by number of months of contributions.
Survivor pension: 100% of deceased's pension.
Payable to surviving spouse or other dependent relatives.
Survivors grant: 100% of deceased's retirement or disability grant.
Funeral grant: Lump sum of 2,000 naira.
Federal Ministry of Labor and Productivity, general supervision.
Nigeria Social Insurance Trust Fund (NSITF), administration of program through Board of Directors and Management Committee.
First and current law: 1961.
Type of program: Provident fund system (cash sickness benefits only) not yet in effect.
Employees of firms with 5 or more workers. Exclusions: Casual workers, aliens covered under equivalent foreign programs, self-employed, and public employees covered by special system.
Insured person: See Old Age, Disability, Death, above.
Employer: Same.
Government: None.
Cash sickness benefits: 1 year of contribution to provident fund (benefits not payable if employer pays sick leave at least equal to benefit). For paid maternity leave, 6 months of service with same employer.
Sickness benefit: Up to 0.34 naira a day.
Payable for up to 1 month or until exhaustion of balance in account; amount paid is deducted from worker's account in provident fund.
(Labor code requires employers to provide 12 days paid sick leave per year; employer also pays 50% of wages during maternity leave of 6 weeks before and 6 weeks after confinement.)
Medical benefits: None provided under insurance. (Free medical care available to population in public dispensaries and hospitals, within limits of facilities available.)
Medical benefits for dependents: None, except care in public dispensaries and hospitals.
Federal Ministry of Labor and Productivity, general supervision.
Nigeria Social Insurance Trust Fund (NSITF), administration of program through Board of Directors and Management Committee.
First and current law: 1942, as amended in 1957 and 1987.
Type of program: Employer liability/compulsory insurance with private carrier.
Manual workers, and nonmanual employees (including Federal and State public employees) earning 1,600 naira a year or less.
Exclusions: Agricultural or handicraft employees of undertakings normally employing less than 10 workers, casual employees and family labor.
Insured person: None.
Employer: Whole cost, through direct provision of benefits or insurance premiums.
Government: None.
Work-injury benefits: No minimum qualifying period.
Temporary disability benefit: Full salary for 6 months, 50% for next 3 months, 25% for following 15 months.
Permanent disability benefit: Lump sum of 54 months' earnings, if totally disabled.
Constant-attendance supplement: 25% of permanent disability benefit.
Partial disability: Lump sum proportionate to degree of incapacity, according to schedule in law.
Medical benefits: Medical care, hospitalization, medicines, appliances, and transportation.
Survivor benefit: Lump sum of 42 months' earnings, less any temporary disability benefits paid to deceased.
Apportionment among survivors determined by courts.
Federal Ministry of Labor and Productivity, enforcement of law.
Courts usually participate in adjudication of claims and decide disputed questions. Employers may insure liability with commercial insurance companies.
(Withdrawal grant under provident fund.)