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Social Security
Presented by
Mohammad Ashfaqur Rahman
Compliance Professional
www.linkedin.com/in/ashfaqsaphal
ashfaq.saphal@gmail.com
Introduction

the security that society furnishes, through
appropriate organization, against certain risks to
which its members are exposed
Contingencies

These risks are essentially contingencies against which the
individuals

These contingencies include-
employment-injury sickness
invalidism occupational disease
maternity old age
widowhood orphanhood
unemployment
achieving this goal

Public Assistance
– Govt. Relief program,Flood Rehabilitation
program.

programme of social insurance
– provident fund, Group insurance

Social service
– Govt. & Non—Govt. initiative related to
Education, Health
Approach and/or Methods

Public Assistance
– public assistance is granted only to individuals
who are in economic need

Insurance benefits
– financed by contributions from employers, self
employed persons and from workers

pension system
Characteristics

They are established by law

Cash payment to individuals to replace at least a
part of the lost income

The benefits or services are provided in three
ways
– A. Social insurance
– B. Social assistance
– C. Public service/ social service.
Social Insurance vs Social Assistance
ILO Convention

Nine Major Component
– 1. Medical care
– 2. Sickness Benefit
– 3. Unemployment Benefit
– 4. Old age benefit
– 5. Employment injury Benefit
– 6. Family Benefit
– 7. Maternity Benefit
– 8. Invalidism Benefit
– 9. Survivors Benefit
Perspective Bangladesh

Provident Fund.

Employees group Insurance

Benevolent fund

Gratuity / pension

The workmen’s compensation

The Maternity Benefit

Sickness Benefit

Compensation for Lay-off Employee
Perspective Bangladesh

Provident Fund.

Employees group Insurance

Benevolent fund

Gratuity / pension

The workmen’s compensation

The Maternity Benefit

Sickness Benefit

Compensation for Lay-off Employee

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012.safetymanagement v3

  • 1. Social Security Presented by Mohammad Ashfaqur Rahman Compliance Professional www.linkedin.com/in/ashfaqsaphal ashfaq.saphal@gmail.com
  • 2. Introduction  the security that society furnishes, through appropriate organization, against certain risks to which its members are exposed
  • 3. Contingencies  These risks are essentially contingencies against which the individuals  These contingencies include- employment-injury sickness invalidism occupational disease maternity old age widowhood orphanhood unemployment
  • 4. achieving this goal  Public Assistance – Govt. Relief program,Flood Rehabilitation program.  programme of social insurance – provident fund, Group insurance  Social service – Govt. & Non—Govt. initiative related to Education, Health
  • 5. Approach and/or Methods  Public Assistance – public assistance is granted only to individuals who are in economic need  Insurance benefits – financed by contributions from employers, self employed persons and from workers  pension system
  • 6. Characteristics  They are established by law  Cash payment to individuals to replace at least a part of the lost income  The benefits or services are provided in three ways – A. Social insurance – B. Social assistance – C. Public service/ social service.
  • 7. Social Insurance vs Social Assistance
  • 8. ILO Convention  Nine Major Component – 1. Medical care – 2. Sickness Benefit – 3. Unemployment Benefit – 4. Old age benefit – 5. Employment injury Benefit – 6. Family Benefit – 7. Maternity Benefit – 8. Invalidism Benefit – 9. Survivors Benefit
  • 9. Perspective Bangladesh  Provident Fund.  Employees group Insurance  Benevolent fund  Gratuity / pension  The workmen’s compensation  The Maternity Benefit  Sickness Benefit  Compensation for Lay-off Employee
  • 10. Perspective Bangladesh  Provident Fund.  Employees group Insurance  Benevolent fund  Gratuity / pension  The workmen’s compensation  The Maternity Benefit  Sickness Benefit  Compensation for Lay-off Employee