Better access to pension insurance for Burkina Faso's workers

May 22, 2012

The National Social Security Fund (CNSS) launched an awareness campaign for voluntary insurance targeting populations of the central region on May 15th in Ouagadougou, Burkina Faso.

The National Social Security Fund (CNSS) launched an awareness campaign for voluntary insurance targeting populations of the central region on May 15th in Ouagadougou, Burkina Faso.

Its objective is to raise awareness of the benefits of this new product among the country's citizens, where only nine percent of workers are benefiting from pension insurance with the CNSS, Radio France Internationale reports.

The voluntary insurance should therefore help extend pension insurance subscription to the workers of the informal sector, liberal professions and those in rural areas, in order to offer cover to the whole active population.

According to Deputy Mayor of Ouagadougou Jean-Christophe Ilboudo, the impact of this insurance is crucial for the area, as 65 percent of inhabitants are working in the informal sector, Sidwaya newspaper reports.

The Secretary-General of the Social Security Minister Koudbi Sinare - also quoted by Sidwaya - believes social protection is an important tool to redistribute national wealth, which helps a country resisting the negative effects on salaries during an economic crisis.ADNFCR-2976-ID-801368148-ADNFCR