The Senate has confirmed with immediate effect Dewitt vonBallmoos as Director General of the National Social Security & Welfare Corporation (NASSCORP).
His confirmation followed a report from the Senate Committee on Social Security, Pension & Insurance, headed by Grand Gedeh County Senator Zoe Emmanuel Pennue. The report from the Committee was accompanied by a performance and analysis report from the nominee.
The Senate plenary had earlier placed a hold on taking action on vonBallmoos’s confirmation, after noticing that his confirmation report was not accompanied by a performance report. von Ballmoos, as director general, was highly praised for his endeavor to turn NASSCORP into a profit making public institution, with the construction of housing units, among others.
vonBallmoos was re-nominated to the post on April 6, 2022, by President George Weah. He has been occupying the position since 2017, which is a tenured position for five years.
With more than a decade working at NASSCORP, vonBallmoos has proven his ability to dramatically increase productivity while decreasing costs and losses — at the entity which was established for the income protection and welfare of employees in both the public and private economic sectors of Liberia.
One important function of the Corporation is the implementation of the Employment Injury Scheme (or EIS), which provides medical benefits for insured persons who sustain job-related injuries or contract occupational diseases. A second vital function is the National Pension Scheme (or NPS), which provides pension benefits to insured persons. Dependents of insured persons can benefit too in case of death of insured persons.
He has overseen some of NASSCORP big investments in its history, including the construction of a state-of-the-art five story building corporate headquarters, the Jahmale Medical Solutions, a comprehensive outpatient medical center offering world-class diagnostic and specialized clinical services to Liberia and the West-African sub-region; and other investments.
vonBallmoos has a Master of Science in Economics from Virginia University in the United States and a Bachelor of Business Administration in Management from the University of Liberia.
The Senate has meanwhile commenced discussions on the New Elections Law, following briefing from the Committee on Judiciary, Human Rights, Claims & Petitions.
It can be recalled that the Committee on Judiciary, Human Rights, Claims & Petitions held a two-day retreat to review several Legislations, amongst which the New Elections Law was very paramount. Read more…
Can someone please inform us what the benefits are of having social security in Liberia. Thanks.