The Nigeria Social Insurance Trust Fund (NSITF) says some employers are sabotaging its operations by under-declaring the salaries and staff strength of their organisations.
The Managing Director of NSITF, Oluwaseun Faleye, disclosed this in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja.
He said the Fund had seen organisations reporting lower salaries or fewer employees to reduce their contributions.
‘We are addressing this through advocacy and education, because under-declaring salaries ultimately harms workers.
“Benefits are calculated based on reported earnings. So, if an employer declares ₦100,000 instead of ₦200,000, compensation will also be based on the lower figure.
“That shortchanges the employee, sometimes significantly.
The managing director said there were also cases where companies failed to update their staff registers after employee turnover.
Mr Faleye also id
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