Cameroon
Mandatory employee benefits in Cameroon are covered by the country’s social protection system CNPS, which provides old-age pension, early retirement pension, death, disability, and funeral grants to the employees or their beneficiaries. Employer-sponsored benefits include defined contribution pension, medical, disability, death, and AD&D.
Country Insight
Market and Benchmark Insight Report for Cameroon – 2023-2024
Mandatory employee benefits
Ten percent of the population is covered by the CNPS, which provides old-age pension, early retirement pension, medical, death, disability, and funeral grants to the employees or their beneficiaries. Employees and employers contribute 4.2% of the employees’ wages towards the scheme. The maximum monthly earnings used to calculate contributions is CFA750,000 (US$1,204) in 2023.
Supplementary benefits in Cameroon
Medical
The labor code mandates employers offer medical care for employees and their families through medical centers, health insurance plans, and mutual benefit societies. Furthermore, the dependents receive the same benefits as the insured.
Retirement
The prevalence of employer-sponsored voluntary occupational pension plans is low. A few employers provide supplementary group retirement benefits through retirement plans. If the plans are offered, they are defined contribution (DC).
Short and long-term disability
Employer-sponsored standalone short-term disability plans are not prevalent in the country, and standalone long-term disability plans are not available.
Death & AD&D
The prevalence of employer-sponsored voluntary life insurance is low in Cameroon. A few employers provide death benefits through group life and funeral insurance plans.
The same applies for AD&D, but some employers provide these benefits through group personal accident and group life insurance plans.
Ascoma provided this information about employee benefits in Cameroon. Should you need support with your benefits in the country, contact Asinta, and we will put you in touch with the experts at Ascoma.