For release: Monday, 16 April 2012
SSC IMPROVES ITS BENEFITS AND ASSESSMENT RATES
Social Security Commission hereby announce that with effect from 1 March 2012, the benefits paid under the Maternity leave, Sick leave and Death benefits Fund (“MSD Fund”) and the Employees’ Compensation Fund (“EC Fund”) have been increased as follows:
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SSC Development Fund commits N$5.7 million grant to the Namibia Youth Credit Scheme
Social Security Commission (“SSC”) is pleased to announce the disbursement of N$2.5 million to the Namibia Youth Credit Scheme (“NYCS”) under the Ministry of Youth, National Service, Sport and Culture. The amount is part of the N$5.7 million approved by the SSC to finance the NYCS and will be used for the provision of first loans to 300 beneficiaries in the Karas, Hardap, Erongo, Otjozondjupa and Khomas regions.
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