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SSB was established under the Social Security Act of 1954, which implemented a social security scheme covering employees working for firms employing over 5 employees, including state-owned, private, foreign and joint ventures. [3]
A 13-member tripartite board of directors has been formed under the chairmanship of the Secretary of the Ministry of Labor and Employment of the Government of Nepal for the management and operation of this fund in which there are representatives of government agencies, employers and trade unions.
Hong Kong employees and their employers started contributing to the scheme as early as 2000, but the employees can only withdraw accrued benefits at 65 [15] and other specified conditions under the regulation. [16] Only since 1 November 2013, employees were given freedom to transfer their fund assets to any provider they liked, once a year.
While the establishment of Social Security predated the invention of the modern digital computer, punched card data processing was a mature technology, and the Social Security system made extensive use of automated unit record equipment from the program's inception. This allowed the Social Security Administration to achieve a high level of ...
Parental leave in Sweden is job-protected, meaning parents who take the leave have the right to return to the same employer and into the same or an adequate similar position. [ 2 ] Apart from paid leave, parents also receive a whole or partial reimbursement for hospital care, treatment and transportation related to childbirth.
The social security system in a newly formed Russian Federation after 1991 was based on the USSR social security system both in terms of social assistance forms and in terms of legislation, at the same time taking into account new economic and social conditions in the country.
The law contemplates two domains, an "obligatory" one (funded by individual, employer and state contributions), and a "voluntary" one (aimed at workers in household industries and self-employed professionals). The following items are excluded from the base quoted salary: Tools of trade such as tools and clothing
The Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG Fund (acronym of its Filipino name: Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at Gobyerno [a]), is a government-owned and controlled corporation under the Department of Human Settlements and Urban Development of the Philippines responsible for the administration of the national savings program and affordable ...