Mozambique: INSS covers over 2m Beneficiaries
Mozambique’s Social Security Expansion: More Coverage, More Beneficiaries
In a move to ensure social security for all, Mozambique’s National Social Security Institute (INSS) has broadened its coverage to include an estimated 2,542,000 potential beneficiaries. Remarkably, this group includes nearly 45,800 self-employed individuals, a segment often overlooked in social security schemes. The INSS delivers services including old age, sickness, and widows’ pensions, currently benefiting around 121,000 individuals.
34 Years of Service: Celebrating Growth and Digitization
The INSS is celebrating its 34th anniversary, marking over three decades of providing social security in Mozambique. Over the years, the institution has witnessed significant advancements, including expanding coverage to more districts across the country and upgrading and digitizing its services. These developments have enhanced efficiency and improved the response to user requests.
Impressive Growth: Surge in Contributing Companies
In the past seven years, the INSS has reported an impressive 185% growth in contributing companies. The total number of companies registered with the mandatory social security system now stands at 165,737, a substantial increase from the 58,045 companies registered in 2015. However, it is noteworthy that not all is rosy. According to INSS’s general labour inspector, Domingos Sambo, over 68,000 companies owe the institute more than four billion meticais (equivalent to 62.5 million US dollars) in contribution.
Acknowledging the Role of Taxpayers
The INSS document released in the wake of the expansion commends taxpayers, beneficiaries, pensioners, and social partners for their contribution to the development of the social security system in Mozambique. Their role is instrumental in the growth and success of the system, ensuring that the social security net can reach more people in need.
Subscribe to BNN Breaking
Sign up for our daily newsletter covering global breaking news around the world.