Social Security

Team Member Mr. Aaditya Mr. Brijesh Mr. Kumud Mr. Pushpendra Mr. Sikander

Definition

According to I.L.O, “Social security is the protection which society provides for its members trough a series of public measure, against the economic and social distress that otherwise would be caused by the stoppage or substantial prediction of earning resulting from sickness, maternity, employment, injury, unemployment, invalidity, old age and death”

Feature

Mechanism to solve the problem of insecurity.It is a group effort in place of individual effort.Protect the workers from various contingencies of life.It collective effort of employee, employer, and govt.Idea to provide social justice.

Objective

Compensation.Restoration

Prevention

Methods

Social insuranceSocial assistance

Social Security in India

According to article 41 of the India constitution lays down,“the state shall with in the limits of its economic capacity and development make effective provision securing the right to work, to education and to public assistance in

case of unemployment, old age, sickness, and disablement,And other cases of unserved wants”

The workmen's compensation Act, 1923

Compensation to employee in case of:

Industrial accident- disability, death. Occupational diseases causing death.

(Compensation subject to state insurance Act 1948)

Employee's state insurance Act, 1948

•Provide Medical facility and unemployment Insurance to industrial worker during their sickness.•It is compulsory and contributory in nature.•It is applicable to all factories who employ more then 20 workers.

Benefits of this Act

Medical benefit.Sickness benefit.Maternity benefit.Disabled benefit.Dependent benefit

The Maternity Benefit Act, 1961

The Maternity Benefit Act, 1961 regulates employment of women in certain establishments for a certain period before and after childbirth and provides for maternity and other benefits.

PAYMENT OF GRATUITY ACT, 1972

The Payment of Gratuity Act, 1972 applies to factories and other establishments employing ten or more persons. On completion of five years service, the employees are entitled to payment of gratuity @15 days wages for every completed year of service or part thereof in excess of six months subject to a maximum of Rs.3.50 lakh.

The Employees’ Provident Funds & Miscellaneous Provisions Act, 1952

The object of the Act is the institution of compulsory contributory Provident Funds, Pension and Insurance for employees. Presently the following three Schemes are in operation under the Act through the Employees' Provident Fund Organisation:

Employees’ Provident Funds Scheme, 1952

Employees’ Deposit Linked Insurance Scheme, 1976

Employees' Pension Scheme, 1995

Criticism

Repetition of benefits in different schemesNo effective implementation of social securities actIt covers organized sector

THE UNORGANIZED SECTOR WORKERS’ SOCIAL SECURITY ACT, 2005(Tabled in parliament)

Social Security benefits and welfare measures

Medical Care or sickness benefit scheme Employment injury benefit schemeMaternity benefit scheme Old age benefit including pension Survivor’s benefit scheme Integrated Insurance Scheme,Housing schemes Educational schemes Any other schemes to enhance the quality of life of the unorganized worker or her family