The full form of NSSA is National Social Security Authority.
National Social Security Authority (NSSA) Explained
The National Social Security Authority (NSSA) is a governmental organization responsible for providing social security benefits to employees. In some countries (like Zimbabwe), it's established by acts of parliament to ensure the welfare of the workforce through various schemes funded by contributions.
Key Functions of NSSA:
- Establishing Social Security Schemes: NSSA is empowered to create and manage different social security programs.
- Providing Benefits to Employees: These schemes offer various benefits to employees, such as pensions, disability benefits, and survivor benefits.
- Administering Contributions: NSSA is responsible for collecting contributions from employers and employees to fund these schemes.
- Ensuring Compliance: NSSA monitors and enforces compliance with social security regulations.
Example: NSSA in Zimbabwe
As indicated in the references, the National Social Security Authority in Zimbabwe was created by the National Social Security Act (Chapter 17:04) of 1989. The Minister of Public Service, Labour, and Social Welfare is authorized to establish social security schemes providing benefits to all employees. This highlights the critical role NSSA plays in the social safety net of the country.
