The Nigerian Air Force Welfare Insurance Scheme (NAFWIS) was established in 1989 as one of the terminal benefits provided to retiring personnel or next of kin (NOK) of deceased ones. The scheme is sustained through monthly contributions of deducted salaries from NAF personnel. The retiring contributors or NOKs of deceased personnel are entitled to the refund of their contribution with 7% compound interest. In addition, a certain percentage, based on rank, is paid as bonus. The scheme provides immediate succor to retiring and NOK of deceased personnel before their other benefits are paid.