PUBLIC POLICY

Social Insurance and Public Assistance

Social Insurance and Public Assistance

Social Insurance

Social insurance is traditionally presented as a welfare system based on transfer mechanisms such contribution reward. Workers pay a fee that is based on income, and an open right "objective" on society this right is to receive a benefit which is related to income, in case of interruption or deprivation of employment. The concept of insurance has developed in parallel with the emergence of wage labor: to mitigate the risk of loss of earnings following an accident, unemployment or old age, it became necessary to establish a protection for each worker ...