The Office of the Head of the Civil Service of the Federation (OHCSF), has concluded arrangement to begin sensitization programme on group life insurance policy for all public servants whose salaries are treasury funded.
The Director (Press and Public Relations) for the Office, Mr. AbdulGaniyu Aminu, quoted the HoS, Dr. Folasade Yemi-Esan as saying that this is part of the measures instituted by the Service to enlighten Nigerian workers on their entitlements because majority of them are not aware that their life was insured under an approved federal government insurance cover.
The insurance she said is part of the government’s welfare programme for public servants for their compensation in case buy vardenafil best price of sudden death while in active service.
Dr. Yemi-Esan, said: “Following the memo submitted to the Federal Executive Council (FEC), recently by the Head of Service, the federal government approved the disbursement of the sum of N9.2bn as premium for insurance companies who will manage insurance coverage for federal civil servants for year 2021-2022.”
According to the Director Insurance, Administration department in the Office of the Head of the Civil Service of the Federation, Mr. Charles Wali, the Pension reform Act of 2014 provides that employers (Public/Private) should maintain a life assurance policy for employees for a minimum of 300% of the annual total emolument.
He further said, the OHCSF has been paying backlog of death benefits incurred before the institutionalization of the 2014 pension reform Act.
To access the payment, the next of kin (NOK) of deceased workers who die in active service are expected to come forward with pay slip, means of identification and death certificate.
With the submission of all required documents, a discharged voucher is issued by the insurance company for Next of Kin to fill and return after which the insurance benefits would be paid within 3-5 working days.
Wali assured that the Office of the Head of the Civil Service of the Federation, is closely monitoring the activities of assigned insurance companies to ensure that due diligence is followed, and every claim is promptly paid.