Rwanda Social Security Board (RSSB).
In 2009, a Cabinet meeting chaired by the President of the Republic H.E Paul KAGAME approved the reform aiming at merging all social security institutions into one financial institution namely the Rwanda Social Security Board (RSSB).
Bringing together the above agencies is an idea that was mooted by national development policy gurus, economic strategists, stakeholders, consultants and experts on social security and development policy. The move thus, is in line with harmonizing with the modern world trends in which social security schemes like retirement, occupational risks and healthcare are under the administration of one national body for more efficient and coordinated administration. Rwanda adopted the idea from countries with developed economies like Singapore or the Netherland that are currently leading ranks in the social security industry and were similar institutions have been set up. To ensure the effectiveness of this institution feasibility studies and consultations have been carried out.
On the 14th October 2010 the law N°45/2010 establishing Rwanda Social Security Board and determining its mission, organization and functioning was endorsed, effectively implementing the legal merger of Caisse Sociale du Rwanda (CSR) with La Rwandaise d’Assurance Maladie (RAMA) into the Rwanda Social Security Board (RSSB).
RSSB activities are overseen by the Ministry of Finance and Economic Planning and as a financial institution, is supervised by the National Bank of Rwanda according to the banking law N°55/2007 of 30/11/2007.
The mandate of RSSB is to provide social security benefits to workers in the formal and informal sectors. The branches currently covered include; health insurance, occupational risk and pension. The benefits offered under the different branches are; old age, invalidity, survivorship, work injuries, work related diseases and medical benefits
We register members, receive their contributions, manage RSSB’s funds, process and ultimately pay out benefits to eligible members or dependants.
The advantages of merging are a harmonization of social security activities and an improved efficiency in management of social security benefits. The shared corporate services will allow cost effectiveness in terms of administrative expenditure. It will also insure swift and timely service delivery and will minimize the duplication of services particularly in medical insurance and occupational hazards. Finally it will allow a better coordination in terms of rational investments and innovation
In merging the two institutions, their financial operations will remain distinct under a common coordination umbrella as recommended by the National Bank of Rwanda.
In terms of healthcare we will strive to promote modern and quality technology as well as comprehensiveness of coverage. Regarding retirement security our main task will be to insure a conformable percentage of pre-retirement income to our pensioners.
We have embarked on the task of increasing coverage to all sectors of the population, establishing insurance for maternity leave as well as introducing new pillars like the Provident Fund to complete the fundamental right to benefits which should be enjoyed even before retirement for example through financing education and housing. We pledge to establish essential tools and systems that will make our affiliates own social security. All these will greatly benefit our contributing members and employers who will be dealing with one party.
The management wishes to inform the general public of the impending alterations in operation procedures as the headquarters of RSSB will be re-located from Kacyiru to Kiyovu- Kigali City by the end of September 2011.
We will strive to become the best social security service provider in the region as our contribution towards our country’s vision of 2020-“Social Security for All”