Friday, 16 August 2013
Salary Earners Forum: IS THERE ANY PARTIAL OR PERMANENT PROTECTION FOR Y...
Salary Earners Forum: IS THERE ANY PARTIAL OR PERMANENT PROTECTION FOR Y...: In any working environment, risks do exist for workers in the work place. For employers of labor to provide better working place for their e...
IS THERE ANY PARTIAL OR PERMANENT PROTECTION FOR YOU ON THE JOB ?
In any working environment, risks do exist for workers in the work place. For employers of labor to provide better working place for their employees in order to perform their duties, employees themselves must be proactive in identifying risk factors in every working environment and seek for protection if employers failed to provide such.
Despite visible instructions in many organizations by employers that maximum protection is provided, employees still suffer from injuries, accidents, diseases and death arising from the negligence of many employers in the office environment.
Whenever there is accident, in most cases what the employers do provide for upkeep of the concerned workers is insignificant to what can bring back injured workers to normal life.
Pension Reform Act (PRA 2004) do provide benefits for workers that retired on the job but not salary earners that suffered partial or permanent disability on the job on or before retirement.
The only solution for salary earners to secure insurance for themselves on the job is to discuss with employer, in order to register the organization with the Nigeria Social Insurance Trust Fund (NSITF), based on the new Employees Compensation Act (ECA).Your employer only contributes 1% of its payroll to NSITF for maximum protection and adequate compensation in the case of any injury, death, disability, diseases arising out of, or in the course of employment.
When a letter of appointment is issued by your employer and it's adequately accepted by you, ECA protects you to the point of retirement when PRA (2004) takes over.
Insist on your maximum protection today.
For further information, contact: thesalaryearners.info@gmail.com OR call +234 802 756 2783.
Despite visible instructions in many organizations by employers that maximum protection is provided, employees still suffer from injuries, accidents, diseases and death arising from the negligence of many employers in the office environment.
Whenever there is accident, in most cases what the employers do provide for upkeep of the concerned workers is insignificant to what can bring back injured workers to normal life.
Pension Reform Act (PRA 2004) do provide benefits for workers that retired on the job but not salary earners that suffered partial or permanent disability on the job on or before retirement.
The only solution for salary earners to secure insurance for themselves on the job is to discuss with employer, in order to register the organization with the Nigeria Social Insurance Trust Fund (NSITF), based on the new Employees Compensation Act (ECA).Your employer only contributes 1% of its payroll to NSITF for maximum protection and adequate compensation in the case of any injury, death, disability, diseases arising out of, or in the course of employment.
When a letter of appointment is issued by your employer and it's adequately accepted by you, ECA protects you to the point of retirement when PRA (2004) takes over.
Insist on your maximum protection today.
For further information, contact: thesalaryearners.info@gmail.com OR call +234 802 756 2783.
Friday, 9 August 2013
A GOOD LESSON THAT WORKERS IN NIGERIA MUST LEARN FROM THE PROBLEM OF SALARY EARNERS IN DETROIT.
When I was in higher college in the Mid-Eighties (1980's), one of the best manufacturing, industrialized and the richest city in the world that I learned from the World Geography class was Detroit,U.S.A
Today, Detroit is no longer poor but to be adjudged soon or otherwise as the most bankrupt city in U.S.A
What is bankruptcy ? This is a legal term that simply means a proceeding including a person, organization and firm that is unable to repay outstanding debt.
Until this moment, Detroit has the best pension management structure, yet the whole pension collapsed.
What lesson do we need to learn ?
The reason why Detroit in U.S.A was considered to be a paradise and the richest state in the time passed and of recent was that workers pension, including pension fund contributed by salary earners in public service was used to promote, finance and developed Detroit to enviable status in the world.
Today, all pension benefits of 23,500 workers are not to be found as a result of downward economic trend and yet to be established factors. Workers in Detroit are now in problem as to how to get back their pension, not to talk of interest on their savings.
If 23,500 workforce in Detroit ( U.S.A ) can face this kind of problem despite their pension management superiority over the years, then salary earners in Nigeria must learn not to put all their eggs in one basket.
To learn how not to put all eggs in one basket, visit ( www.thesalaryearners.blogspot.com ) weekly OR call +234 802 756 2783
Today, Detroit is no longer poor but to be adjudged soon or otherwise as the most bankrupt city in U.S.A
What is bankruptcy ? This is a legal term that simply means a proceeding including a person, organization and firm that is unable to repay outstanding debt.
Until this moment, Detroit has the best pension management structure, yet the whole pension collapsed.
What lesson do we need to learn ?
The reason why Detroit in U.S.A was considered to be a paradise and the richest state in the time passed and of recent was that workers pension, including pension fund contributed by salary earners in public service was used to promote, finance and developed Detroit to enviable status in the world.
Today, all pension benefits of 23,500 workers are not to be found as a result of downward economic trend and yet to be established factors. Workers in Detroit are now in problem as to how to get back their pension, not to talk of interest on their savings.
If 23,500 workforce in Detroit ( U.S.A ) can face this kind of problem despite their pension management superiority over the years, then salary earners in Nigeria must learn not to put all their eggs in one basket.
To learn how not to put all eggs in one basket, visit ( www.thesalaryearners.blogspot.com ) weekly OR call +234 802 756 2783
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