The NIB provides nine types of social insurance benefits to insured persons and their dependents:
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Retirement Pension — Monthly pension for insured persons aged 60 and older who meet contribution requirements.
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Sickness Benefit — Cash compensation at 60% of average weekly earnings when you are unable to work due to illness.
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Maternity Benefit — Maternity Allowance and Maternity Grant for insured women during pregnancy and after childbirth.
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Employee Injury Benefit — Compensation for workplace injuries or occupational diseases, with no minimum contribution requirement.
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Invalidity Pension — Monthly pension for insured persons who become permanently unable to work before age 60.
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Survivors' Benefit — Pension for the spouse and dependent children of a deceased insured person.
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Death Benefit — A lump sum payment to the estate or dependents of a deceased insured person.
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Funeral Grant — A one-time grant to help cover funeral expenses for an insured person.
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Disablement Benefit — Ongoing pension or lump sum for permanent disability resulting from a workplace injury.