SSC pays out N$50m in three months
The Social Security Commission has paid out more than N$50m in the first quarter of 2014
and processed more than 10 000 claims. This includes maternity leave, sick leave, death
benefits, retirement as well as compensation and medical. Compared to the same period last
year approximately N$5m more has been paid out, while the number of claims decreased
slightly with 311.
The biggest bulk of pay-outs has been for maternity leave which amounted to N$ 37 095 138
compared to N$ 32 040 808 over the same period last year. In second place are sick benefit
pay-outs of N$ 4,427 757 (2013: N$ 4 308 689) and thirdly retirement pay-outs amounting to
N$ 3 369 900 (2013: N$ 3 650, 930).
SSC finance manager, Jan Swartz says “The increase in pay-outs is a sign that the public
understands the purpose of and benefits offered by the Commission and the Commission fulfils
its mandate of improving the welfare on the Namibian population. I believe the increase, in
particularly, sick leave benefits, death and retirement benefits paid out to members is a sign
that members know more about the benefits SCC is offering” .