Wednesday, 29 November 2017

GH¢15 NSS deduction for insurance to start in November

The Executive Director of the National Service Scheme (NSS), has directed all regional directors to ensure the deduction of Ghc15.00 from the allowances of all National Service Personnel effective this month [November], as part of the implementation of the compulsory insurance package for personnel.

The NSS partnered with MTN and Glico Life Insurance, to launch the life insurance cover for the over 90,000 personnel.
This compulsory insurance package spearheaded by various insurance companies, is expected to pay claims to service personnel who get involved in accidents in their line of duty.

However some personnel have kicked against it, calling for an optional package.
The claims vary from GHc 15,000 in cases of death or incapacitation, and gh3,000 for cases of temporary disability.
As part of the insurance package, National Service personnel are entitled to a GHc 500 loan which is payable within six months.
The compulsory insurance package will also provide free MTN data calls and monetary incentives for personnel and their next of kin.

A circular sighted by Citi News has charged regional directors to deduct the amount before submitting payment vouchers.

“I am directed by the Executive Director to inform you that the National Service premium deduction will take effect from 1st November 2017. You are required to deduct GHC 15 monthly premium from all National Service allowance before submitting the payment vouchers to the internal audit. Please treat as urgent and comply.”

A former Executive Director of the National Service Secretariat, Dr. Michael Kpessah Whyte, had said that the introduction of the insurance package for National Service personnel is purely an attempt to enrich some persons fraudulently .

According to Dr. Kpessah Whyte, who was speaking on Eyewitness News, the motives behind the sudden introduction of the insurance policy by the current management of the NSS were unclear, suggesting that it was certainly not for the benefit of the service personnel.

“We have several insurance companies in this country and that presupposes that insurance is good. In insurance studies, we actually say insurance is a necessary evil. It is a very good thing, but insurance has to be bought only when it solves particular risks or addresses particular contingencies. To that extent, what the National Service Management is doing which the greatest respect to them, is not solving any problem. In other words, they are not clear on what they want to do and the problem they want to address with this policy,” he noted.

Credit: Citifmonline

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