The National Social Security Authority (NSSA) is working on suggestions to the government for a social security program to protect informal traders from economic risks.
The proposed program is in line with Vision 2030 and National Development Strategy 1, and it is part of NASA’s plan to help the country achieve a thriving upper-middle-income economy by 2030.
According to the NSSA, access to social security is a fundamental human right recognized in the Universal Declaration of Human Rights, UN Protocols, ILO Accords, and Zimbabwe’s Constitution.
Mr. Shepherd Muperi, NSSA’s Director of Social Security, said in an interview on the sidelines of tripartite stakeholders meeting in Bindura yesterday that while the authority has traditionally focused on the formal economic sector, the unique characteristics prevailing in the informal sector must also be addressed.
NSSA distributed 1000 copies of President Mnangagwa’s biography, A Life of Sacrifice, to 50 schools in the Mashonaland Central region at the same time.
“In line with Vision 2030 and NDS1, NSSA is currently designing a scheme for persons in the informal sector so that we can provide to the social security benefits, exactly as President Mnangagwa said to leave no place and no one behind.”
Mr. Muperi explained, “Access to social security is a basic human right guaranteed in our Constitution, and it is incumbent upon NSSA to carry out that duty because we are required to do so.”
A feasibility study has already been completed by an international consultant funded by the ILO, and technical experts with actuarial expertise are now analyzing the study’s conclusions in collaboration with the Government and NSSA.
According to the report, the decision to extend the social security plan to the informal sector was prompted by a determination that informal business traders are unable to afford the current monthly social security contributions.
“At the moment, we only have two social security plans that only cover individuals who are formally employed, which happens to be a small percentage of the workforce.”
“Because the informal sector employs the bulk of our staff, we are expanding our one-of-a-kind social security program there.”
“We now have a work plan on how we’ll do it,” Mr. Muperi explained, “since the implementation of these programs varies from nation to country.”
Mr. Muperi stated that recommendations on how the scheme will be implemented are in the works.
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Mr. Arthur Manase, NSSA CEO and general manager, said the book should motivate learners to create a reading culture on the need for freedom as he handed over books of President Mnangagwa’s biography to school representatives.
“For people who are growing up, this is a very essential biography on the necessity of sacrifice.” “Our young learners must recognize the value in continuing to read to contribute effectively to society,” he said.