By Simon Deng
South Sudan’s minister of justice and constitutional affairs on Monday tabled for the first time the social insurance fund bill before the transitional national parliament for deliberation.
Ruben Madol Arol, while tabling the draft bill that was recently approved by the council of ministers, said it seeks to insure employers and employees against unforeseen risks while inline of duty.
“The insurance fund provides for eligible survivors who receive pension, widows or widower, survivor children aged up to 20 years, and disabled children at the time of death, unmarried daughters who are jobless and parents, brothers and sisters under the responsibility of the late employee,” he said while appearing in the August house in Juba.
Arol said that the bill once enacted into law will see employers contribute two percent of their monthly earnings to the fund to insure their employees.
He added that employers shall contribute monthly 15 percent for retirement and incapacity insurance.
He also disclosed that employees will contribute 8 percent of their monthly salary to the fund.
