The document discusses social security as a societal mechanism to protect individuals from various life contingencies such as unemployment, sickness, and old age. It outlines the frameworks of public assistance, social insurance, and social services, detailing the benefits they provide, including medical care, unemployment benefits, and pensions. The perspective of Bangladesh is highlighted, focusing on specific programs like provident funds and insurance for employees.

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