First law: 1972.
Current law: 1988.
Type of program: Social insurance and social assistance system.
Public-sector employees and employees of firms with five or more workers.
Exclusions: Casual workers, family labor, domestic employees, and armed forces personnel.
Voluntary coverage for self-employed persons and others not compulsorily covered.
Needy elderly, disabled, or unemployed persons.
Insured person: 3% of earnings.
Self-employed person: Voluntary contributions only.
Employer: 3% of payroll.
Government: None.
Insured person: None.
Self-employed person: None.
Employer: None.
Government: Total cost.
Old-age pension: Age 60 with at least 100 months of contributions.
Retirement from employment is necessary until age 65.
Old-age settlement: Ineligible for the old-age pension at the pensionable age but has at least 12 months of contributions.
Old-age assistance: Payable to needy elderly persons who are ineligible for social insurance old-age benefits; may also be payable to certain unemployed workers.
Disability pension: Permanent incapacity for work with contributions in 2/3 of the months since first becoming covered, with at least 50 contributions in the 60 months before the onset of disability.
Disability settlement: Ineligible for the disability pension but has at least 12 months of contributions.
Disability assistance: Payable to needy disabled workers who are ineligible for social insurance disability benefits.
Survivor pension: The deceased met the contributions qualifying condition for the disability pension or was a pensioner.
Old-age pension: The pension is equal to 25% of the insured's average monthly earnings, plus 1% for every
Old-age settlement: A lump sum equal to employee contributions, plus accrued interest.
Old-age assistance: The maximum assistance benefit is $350 a year.
Disability pension: The pension is equal to 25% of the insured's average monthly earnings in the last 12 months, plus 1% for every
Disability settlement: A lump sum equal to employee contributions, plus accrued interest.
Disability assistance: The maximum benefit is $350 a year.
Survivor pension: 50% of the deceased's pension is payable to a dependent
The maximum survivor pension is 100% of the old-age pension or disability pension, whichever is higher.
Orphan's pension: Each child younger than age 18 (age 21 if a student, no limit if disabled) receives 10% of the insured's pension; 20% for a full orphan.
The maximum orphan's pension is 50% of the deceased's pension (100% for full orphans).
Managed by a tripartite board of directors, the National Social Security and Welfare Corporation administers the program.
First law: 1943 (workmen's compensation), implemented in 1949.
Current law: 1980 (employment injury).
Type of program: Social insurance system.
Employed and self-employed persons.
Exclusions: Casual workers, family labor, and domestic servants.
Insured person: None.
Self-employed person: An average contribution of 1.75% of declared earnings.
Employer: An average contribution of 1.75% of payroll.
Government: None.
Work injury benefits: There is no minimum qualifying period.
The benefit is equal to 65% of the insured's average earnings. The benefit is payable after a
The minimum benefit is $50 or 100% of the insured's average monthly earnings, whichever is lower.
Permanent disability pension: For a total disability, the pension is equal to 65% of the insured's average earnings.
Constant-attendance allowance: Equal to 25% of the disability pension.
Partial disability: A percentage of the full pension determined by the assessed degree of disability, according to the schedule in law.
The degree of disability is assessed by a medical board.
The minimum benefit is $50 or 100% of the insured's average monthly earnings, whichever is lower.
Benefits include reasonable expenses for medical and surgical care, hospitalization, drugs, and appliances.
Survivor pension: 20% of the insured's average earnings are payable to a dependent widow or a dependent disabled widower.
The
Orphan's pension: Each child younger than age 18 (age 21 if a student, no limit if disabled) receives 6% of the insured's average earnings; 12% for a full orphan.
The maximum orphan's pension is 30% of the deceased's earnings; 60% for full orphans.
Dependent parent's and grandparent's pension (in the absence of other eligible survivors): The pension is equal to 20% of the insured's average earnings. The pension is split equally if there is more than one eligible survivor.
Funeral grant: The cost of the burial, up to a maximum of $500.
Managed by a tripartite board of directors, the National Social Security and Welfare Corporation administers the program.