First and current law: 1980.
Type of program: Provident fund system. Lump-sum benefits only.
Exchange rate: U.S.$1.00 equals 2.16 kina (K).
Employed persons in firms with 25 or more workers (establishments growing or processing cocoa, copra, palm oil, rubber or tea are exempt). Similar but independent system for public employees.
Insured person: 5% of earnings. (Employee may elect to pay up to 10%.)
Employer: 7% of payroll.
Government: None.
Old-age benefit: Age 55 and retirement from covered employment, or at any age with 15 years of contribution. Also paid before age 55 with less than 15 years but subject to reduction. Full benefits also payable if permanently emigrating, or (after 6-month waiting period)
if laid off work.
Members can also withdraw their own contributions and up to 30% of the employers' contributions for the sole purpose of providing housing. This is treated as an advance on benefits.
Disability benefit: Total permanent incapacity.
Survivor benefit: Death of insured worker prior to retirement.
Old-age benefit: Lump sum equal to total employee and employer contributions, plus accrued interest.
Disability benefit: Lump sum equal to total employee and employer contributions, plus accrued interest.
Survivor benefit: Lump sum equal to total employee and employer contributions, plus accrued interest.
Payable to surviving spouse or other dependent relatives.
National Provident Fund Board, administration of program through tripartite board and director.
Medical services available free of charge or at nominal cost in government clinics and hospitals, within limits of facilities available.
First and current law: 1958.
Type of program: Employer liability/compulsory insurance with private carrier.
Employed persons, including public employees.
Exclusions: Casual workers.
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: 100% of earnings up to K35 a week.
Permanent disability pension: K35 a week if totally disabled and prior annual earnings exceeded K1,335. 60% of this amount paid if annual earnings were K800-1,335; 27% paid if annual earnings were less than K800.
Dependents' supplements: Up to K8.50 a week for wife, K5 per child under age 16, according to earnings.
Partial disability: Lump sum of up to K13,500 according to earnings and degree of incapacity.
Medical benefits: Medical treatment and transportation.
Survivor grant: Lump sum of up to K13,500 according to earnings and degree of dependency, payable to surviving spouse or other dependents.
Orphans: Up to K5 a week per child under age 16, according to earnings of insured and degree of dependency.
Funeral grant: Lump sum of up to K300, according to earnings.
Department of Labor and Industry, administration of program.
Please note: This information is more than 4 years old.