The National Social Security Fund (NSSF) is Lebanon’s main social security program and the country’s largest insurance provider, covering approximately 30 percent of the population. Famed for its endless queues,…
Tag:
Social Security
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“Pending the institution of an old-age insurance scheme, an end-of-service indemnity (EOSI) Fund shall be set up.” So begins article 49 of the 1963 Social Security Law. Run by Lebanon’s…
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For paying nearly a quarter of each employee’s monthly salary into the National Social Security Fund (NSSF), one would think that private sector businessmen would be ensuring a nice retirement…
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When planning retirement in Lebanon, a key question one needs to ask is “Do I have enough money in my savings account for my old age?” And if not, then…