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The National Social Insurance Fund And Poverty Reduction Amongst Retirees In Cameroon: Challenges And Prospects

Author : Sokem Assoua Riccardo Journa Name: International Journal for Novel Research in Economics, Finance and Management Volume: 4 issue: 2 Year: Volume-4-issue-2 Views : 485
Abstract:
In Cameroon, retirees suffers severe economic, social and material underdevelopment conditions, incarnated by their standard of living.This is in spite of the creation of the National Social Insurance Fund which is supposed to catalyse for poverty reduction amongst these retirees . In this regard, majority of these retirees are unable to support their basic necessities of feeding, children’s fees, shelter, clothing, health and many others, informed by these paucity of retirees’ material and economic factors.This paper is mounted to determine the role of the National Social Insurance Fund in poverty alleviation amongst the retirees in Cameroon. Using the Process Theory of public policy makers and the structural Functional Theory, this paper argues that the National Social Insurance Fund appear ill- situated to counteract the growth of poverty amongst retirees in Cameroon. The paper recommends that, the National Social Insurance Fund can play a significant role in reducing poverty amongst Cameroon’s retirees by enhancing pension benefit, effective follow up of digital census system, improving governance practices, addressing administrative bottlenecks.

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Tanyi Nelly This is so thoughtful of the author to have considered the deplorable nature of retirees in Cameroon. It is very funny because money is deducted automatically during active service of workers but when they go on retirement, the national social insurance fund put in place very long procedures for them to receive their pension and equally insure high tax. This work is highly recommended in the contemporary situation of today's Cameroon. I must appreciate this work.it is wonderful
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Nc Beatz vibe The demographic reality in Cameroon further complicates this issue, as only approximately 4% of the population is aged 65 and plus.yet, this group carries the burden of household leadership in a society that deeply values their experience. This work is quite relevant in the academia and highly recommended
Willibroad The lack of comprehensive social insurance coverage leaves many without a safety net, forcing individuals to remain in the workforce well beyond retirement age to support families, particularly in the wake of health crises like malaria, HIV/AIDS, WHICH often leaves orphans and widows depend on the elderly for survival . This paper is very relevant
ARREY BAKOR The reliance on out of Pocket payment for health care, combined with limited service availability in northern and eastern regions of Cameroon, creates a cycle of vulnerability where the elderly must choose between essential needs and medical care. This work is very relevant and highly recommended for seminars. How I wish I could meet the author and congratulate him
ARREY BAKOR The reliance on out of Pocket payment for health care, combined with limited service availability in northern and eastern regions of Cameroon, creates a cycle of vulnerability where the elderly must choose between essential needs and medical care. This work is very relevant and highly recommended for seminars. How I wish I could meet the author and congratulate him
MOLEKA ANSLEM MOLEKA A very topical research paper on persistent poverty amongst retiree's in Cameroon. In Cameroon the non application of defined Labour rules governing both in the public and private sector measuring equity with social governance and livelihood has really made it difficult for retirees of the private sector to have benefitting or competitive advantages as their peers in the Public sector. Therefore the recommendations so proposed by Mr Riccardo will go along way to improving retiree's main stream dynamics of livelihood after work and will direct the Cameroon government, stakeholders and the NSIF ( National Social Insurance Fund) in Cameroon to develop healthy policies for retirees. Once more , thanking, the author of this article for valuable insights to human welfare and human belonging, whe

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