Minister of Labor and Social Security, Robert Nkili has said that reform of social security is almost completed in Cameroon.
Speaking to APA, he disclosed that the review of the reference texts that will be tabled before the National Assembly was underway.
“This reform will be gradual”, Nkili said, revealing further that he was opposed to dissolving the National Fund of Social Insurance (CNPS) proposed by the World Bank that preferred “internal reorganizations”.
The new approach will consist of maintaining the current structure, while making extensions to the informal sector or to farmers, but also modernizing the current service to civil servants.
The latter are currently managed by the Finance Department of the State through the provision of aging allowances.
Robert Nkili also provides for the establishment of a parallel fund for civil servants, and perhaps later on, creating a fund for medicare.
In this country, recent statistics indicate that only 10% of workers (7% in the public sector and 3% in the private sector) benefit from social security.
The informal sector, which accounts for 90% of the labor market in Cameroon according to a study conducted by the National Institute of Statistics (INS), is almost totally excluded from this field.
For Robert Nkili, “Social security must now go to the Cameroonians who participate in national development, not only the privileged 10% who are in offices”.
The current system of social protection was established in 1967. Its management is entrusted to the CNPS, a public institution with legal entity and enjoying financial autonomy.
Source African Press Agency
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