Monrovia, Liberia – The Nationwide Social Safety and Welfare Company (NASSCORP) on Thursday, July 10, celebrated its fiftieth anniversary, marking 5 many years of advancing social safety in Liberia.
By Persistence Jones, contributing author
NASSCORP administers three core social safety applications—the Employment Damage Scheme (EIS), Nationwide Pension Scheme (NPS), and Welfare Scheme—delivering monetary and medical advantages for private and non-private sector staff, together with protection for office accidents, retirement, and different welfare wants.
Delivering a stirring keynote, Director Common Dewitt B. VonBallmoos paid tribute to 3 post-war Liberian presidents—Ellen Johnson Sirleaf, George Weah, and Joseph Boakai—for the belief positioned in his management.
“This milestone wouldn’t be attainable with out the boldness reposed in me by three successive presidents. I’m honored to serve below President Boakai and grateful to former Presidents Weah and Sirleaf for his or her assist,” he mentioned.
VonBallmoos, who was first appointed by President Sirleaf and reappointed by President Weah, mentioned his administration has been pushed by ideas of fine governance, transparency, and institutional self-discipline.
Reflecting on NASSCORP’s transformation, he recalled its evolution from a subsidy-dependent company into a sturdy, autonomous, multi-million-dollar establishment.
“What started as a small workplace renting non-public areas is now a company with its personal headquarters and regional hubs. Within the Nineteen Eighties alone, whereas working solely the Employment Damage Scheme, NASSCORP paid out over US$3.4 million in advantages—reviving hope amongst Liberian employees.”
He credited worldwide companions together with the ILO and United Nations for his or her technical assist and acknowledged the important function of NASSCORP workers and the Board of Administrators in driving progress.
“Our achievements replicate the collective efforts of a dedicated workforce and dependable stakeholders. We’ve prioritized innovation, infrastructure, and human capital to satisfy the evolving wants of our beneficiaries.”
Key Achievements Highlighted
VonBallmoos spotlighted main initiatives below his management, together with development of NASSCORP’s nationwide headquarters, possession of the Liberia Income Authority constructing, and the launch of the Jahmale Diagnostic Heart, quickly to develop into a full-service medical facility and revenue-generating asset.
He introduced that every beneficiary will obtain a US$50 anniversary bonus, and that the minimal month-to-month pension profit is now set at US$50, as a part of efforts to sort out poverty and regulate to rising prices of residing.
“This new profit ground affirms our dedication to social justice and dignity for our retirees.”
He additionally saluted the founding leaders of the Company and paid particular tribute to former Director Common Francis M. Carbah, describing him as a mentor who helped form his management journey.
Nationwide Leaders Weigh In
Senator Nya Twayen of Nimba County urged the federal government to settle its excellent money owed to NASSCORP and praised the establishment’s enlargement into rural areas.
“NASSCORP has develop into Liberia’s most consequential public sector social program,” he acknowledged.
Francis M. Carbah, visitor speaker and former Director-Common, known as for a collaborative nationwide technique to deal with poverty and urged warning and sustainability in managing social safety investments.
“NASSCORP is usually a transformative power—not only for retirees, however for total communities. However we should make investments correctly and inclusively.”
As NASSCORP marks 50 years of public service, it renews its dedication to social safety, institutional reform, and nationwide growth. With a proud legacy and clear imaginative and prescient, the Company stays a cornerstone of Liberia’s social security internet.
