Social Security Organization
Cindy Medina
Magdalena Sosa
Dennis Cab
March 8th, 2013
Concept Paper
Social Security was first established on June 1981 in Belize City. This organization is a member of the International Social Security Association based in Geneva, Switzerland, a member of the Comite Permanente Interamericano de Seguridad Social, Mexico (C.P.I.S.S.) and in February, 1994 joined (CISSCAD) Consejo de Instituciones de Seguridad Social en Centro America y Republica Dominicana for which the Social Security Board now holds the Presidency. This organization was formed for the sole reason of giving benefits to employed persons. But here the Prime Minister of Belize, Hon. George Cadle Price places it in a more elaborated way "... Social Security is but the beginning of developing the proper attitudes of responsibility for older or injured citizens, so that we become conscious of the human and social obligations, which the economy must strive to meet." Employees from fourteen and older have benefits such as maternity benefits which are paid to pregnant women who qualify, and Funeral Grant is paid to the survivors of a deceased insured person who qualifies for the benefit, just to name a few. It is the employee's and employers responsibility to register with Social Security. Social Security strives to deliver cost effective and top quality service to their beneficiaries and other stakeholders, to grow and protect a sustainable social security fund with integrity and transparency. The functions of social security are service oriented, registering of employers and employees, investigating of claims, collection of contributions, distribution of pension cheques, processing and payment of benefits, public education, etc. Before we start by stating some of the services offered by social security, some laws that apply are that in accordance with Section 2 of the Social Security Act, Chapter 44 of the Laws of Belize, Revised Edition 2000-2003. It is the employee's responsibility to
Magdalena Sosa
Dennis Cab
March 8th, 2013
Concept Paper
Social Security was first established on June 1981 in Belize City. This organization is a member of the International Social Security Association based in Geneva, Switzerland, a member of the Comite Permanente Interamericano de Seguridad Social, Mexico (C.P.I.S.S.) and in February, 1994 joined (CISSCAD) Consejo de Instituciones de Seguridad Social en Centro America y Republica Dominicana for which the Social Security Board now holds the Presidency. This organization was formed for the sole reason of giving benefits to employed persons. But here the Prime Minister of Belize, Hon. George Cadle Price places it in a more elaborated way "... Social Security is but the beginning of developing the proper attitudes of responsibility for older or injured citizens, so that we become conscious of the human and social obligations, which the economy must strive to meet." Employees from fourteen and older have benefits such as maternity benefits which are paid to pregnant women who qualify, and Funeral Grant is paid to the survivors of a deceased insured person who qualifies for the benefit, just to name a few. It is the employee's and employers responsibility to register with Social Security. Social Security strives to deliver cost effective and top quality service to their beneficiaries and other stakeholders, to grow and protect a sustainable social security fund with integrity and transparency. The functions of social security are service oriented, registering of employers and employees, investigating of claims, collection of contributions, distribution of pension cheques, processing and payment of benefits, public education, etc. Before we start by stating some of the services offered by social security, some laws that apply are that in accordance with Section 2 of the Social Security Act, Chapter 44 of the Laws of Belize, Revised Edition 2000-2003. It is the employee's responsibility to