Explanation-of-the-Key-Features-of-the-Amendments-to-the-National-Insurance-Benefits-Contributions-Regulation

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Explanation-of-the-Key-Features-of-the-Amendments-to-the-National-Insurance-Benefits-Contributions-Regulation

11/24/2010 5:20:00 AM

The National Insurance Board (NIB)began operations in October 1974, to ad-minister a social security system that wouldprovide workers and their families withbasic financial protection against the lossof employment earnings in the event ofsickness, childbirth, retirement, invalidity,death, workplace injury (1980), and un-employment (2009). Under NationalInsurance, insured contributors are coveredfor three main types of contingencies –

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