Search results
Results From The WOW.Com Content Network
Social Security Fund (SSF) Nepal ( Nepali: सामाजिक सुरक्षा कोष) was established in 2011 (7 Chaitra 2067 BS) according to the Social Security (Management Fund and Operation) Regulations, 2067 BS. [1] [2] It is governed by Social Security Act, 2018 (2075 BS). The Act requires every company/employer to enlist ...
Unemployment benefits in the Philippines. Unemployment benefits in the Philippines are payments made by the government to unemployed people. The unemployment benefits provided by the Philippine government is sourced either from the country's Social Security System (SSS) or the Government Service Insurance System (GSIS).
The social security scheme is contributory, with 2.5% of contributions coming from the employer, 1.5% by the employee, and a capital investment by the government. On 31 August 2012, the Pyidaungsu Hluttaw enacted the Social Security Law of 2012, which introduced benefit systems for invalids, the elderly, survivors and unemployed individuals.
Mandatory Provident Fund. The Mandatory Provident Fund ( Chinese: 強制性公積金 ), often abbreviated as MPF ( 強積金 ), is a compulsory saving scheme ( pension fund) for the retirement of residents in Hong Kong. Most employees and their employers are required to contribute monthly to mandatory provident fund schemes provided by approved ...
Pag-IBIG Fund was founded by virtue of Presidential Decree No. 1530 [1] [2] which was signed by President Ferdinand E. Marcos on June 11, 1978, to answer the national need for savings program and affordable housing financing. [3] Its original purpose was solely as a provident fund to encourage savings among Filipinos.
Social insurance is mostly financed by direct deductions from individual wages. The contributions are based on an individual's income. They are carried "on a parity basis," half by employers and half by employees. The only exception is health insurance, where income-independent head premiums are paid.
Social security in Sweden is an aspect of the Swedish welfare system and consists of various social insurances handled by the National Agency for Social Insurance ( Swedish: Försäkringskassan ), and welfare provided based on need by local municipalities. Social security is the main conduit for redistribution of approximately 20% of the ...
Social security in India includes a variety of statutory insurances and social grant schemes bundled into a formerly complex and fragmented system run by the Indian government at the federal and the state level. The Directive Principles of State Policy, enshrined in Part IV of the Indian Constitution reflects that India is a welfare state.