• Every employer employing less than 15 employees but voluntarily elects to contribute.
• Every employee receiving pay from the above employer and who elects to make voluntary contributions.

• Every employer employing 15 or more employees.
• Every employee receiving pay from above employer.

• The other company is its holding or subsidiary company; or
• More than 50% of the issued shares are held by the other corporation or member of that corporation
• Business is done in such a way that the separate business of each company cannot be easily identified that those various companies will be treated as a single employer for the purpose of the Act

• The total employees of the related corporations are greater than 15
• The operations of the related corporations have been conducted through, separate legal entities for the purpose of reducing the number of each of the separate entities’ employees below 15

• Different departments
• Has branches situated in the same place or in different places, all departments and branches will be treated as a single employer.

• An individual
• A statutory authority or organisation
• Unincorporated partnership or body or
• A corporation that employs a person under a contract of service.

• Overtime pay
• After salary sacrificing of allowances including housing, car and education packaging
• Bonuses
• Compensations, etc.

• Earned by the employee while on duty or on leave with pay
• Paid or payable in cash to the employee

The contributions of an employee shall be deducted directly from the employee’s pay by the employer at the time of payment and paid to Nasfund within 14 days of the date of deduction. Pay means remuneration of any kind including;

• gross salary
• wages
• leave entitlements
• commissions, etc…

• Employees who are involved in primary production and employed by an employer who is in the business of growing or processing cocoa, copra, oil palm, rubber, tea, or coffee (exempted employees).
• Note that employees in this category whose employment may be seasonal so that there are intervals of unemployment are generally not regarded as employees unless they have been employed for more than 24 months.