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Social Security: Team Member Mr. Aaditya Mr. Brijesh Mr. Kumud Mr. Pushpendra Mr. Sikander XIDAS, Jabalpur

The document discusses India's social security system. It provides an overview of key social security acts and programs in India including the Employees' State Insurance Act of 1948, Payment of Gratuity Act of 1972, Employees' Provident Funds & Miscellaneous Provisions Act of 1952, and the proposed Unorganized Sector Workers' Social Security Act of 2005. These acts aim to provide social security, compensation, and welfare benefits to workers in case of unemployment, sickness, maternity, disability, old age and death. However, the social security system has been criticized for not effectively covering all sectors of the workforce.

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135 views13 pages

Social Security: Team Member Mr. Aaditya Mr. Brijesh Mr. Kumud Mr. Pushpendra Mr. Sikander XIDAS, Jabalpur

The document discusses India's social security system. It provides an overview of key social security acts and programs in India including the Employees' State Insurance Act of 1948, Payment of Gratuity Act of 1972, Employees' Provident Funds & Miscellaneous Provisions Act of 1952, and the proposed Unorganized Sector Workers' Social Security Act of 2005. These acts aim to provide social security, compensation, and welfare benefits to workers in case of unemployment, sickness, maternity, disability, old age and death. However, the social security system has been criticized for not effectively covering all sectors of the workforce.

Uploaded by

preityzinta
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We take content rights seriously. If you suspect this is your content, claim it here.
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Social Security

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

XIDAS, Jabalpur
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 insurance
Social 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 schemes


No effective implementation of social securities act
It 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 scheme
Maternity 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

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