Pension
The retirement age in Cameroon is 60 years for eligible persons who have been registered with the National Social Insurance Fund for at least 20 years, have completed at least 60 months of insurance in the last 10 years, and have ceased all salaried activities.
The monthly pension is equal to 30% of the average monthly salary and is increased by 1% for every year after 180 days. The minimum pension is 30% of the minimum wage, and the maximum is 80% of the average remuneration of the employee.
Dependents/Survivors Benefits
In Cameroon, survivors are entitled to a pension in case of death of an insured employee who is the holder of either an old-age pension, invalidity pension or early pension, or who fulfills the conditions for pension by contributing 180 months for insurance. The amount of survivor pension is as follows, calculated as the percentage of the allowance received by the deceased employee:
- 50% of the monthly pension for a widow or a widower
- 25% for a child if one of the parents deceased
- 40% for orphans
The following persons are considered survivors:
- A widow who is at least 50 years of age or disabled, provided the marriage was contracted for at least 1 year
- A disabled widower dependent on the deceased employee
- Dependent children of the deceased
If the deceased employee did not fulfill the contributions condition, survivors receive a lump-sum grant based on the number of contributions made by the deceased employee.
Invalidity Benefits
The National Social Insurance Fund of Cameroon provides a disability benefit to insured employees below the age of 60 years if they have been registered with the National Social Insurance Fund for at least 5 years and have completed 6 months of insurance in the last 12 calendar months preceding the onset of disability. These contribution conditions are not applicable in case of disability work-related accidents. The monthly disability pension amount is 30% of earnings, increased by 1% for each year of contributions after 180 months.