• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Business Finance Articles

Your First Financial Choice....

  • Business
    • Starting a Business
    • Accounting & Taxation
  • Management
    • Project Management
    • Marketing & Advertising
    • Transportation & Logistics
  • Career
  • Banking & Finance
  • Investment & Money
  • Technology

What is Social Security Benefits to Employees

Last Updated: August 19, 2024

Social Security ordinance was introduced May 1965 for the objective of providing benefits to certain employees or their dependents in the cases of sickness, maternity, employment injury or death, and for matters ancillary thereto

The different social security benefits available to secured persons are

Table of Contents

Toggle
  • Sickness Benefit
  • Maternity Benefit
  • Death Grant
  • Iddat Benefit
  • Medical Care during Sickness
  • Injury Benefits
  • Disablement Pension
  • Disablement Gratuity
  • Survivor’s Pension

Sickness Benefit

A secured person who is certified, by a medical practitioner authorized by the institution in the manner provided in the regulations to give such certificate, to be incapable of attending to his work in sickness shall, subject act to regulations, be entitled to received to sickness benefits at such rate as may be fixed by government by notification in consultation with the institution. Sickness benefit shall be paid throughout the period of sickness of the secured person but for not more than ninety days in any continuous period of 365 days. But in the case of T.B., it will be paid for 180 days out of 365 days. No sickness benefit shall be paid for the first two days of sickness.

Maternity Benefit

The condition of payment of maternity benefit is payment of contributions for not less than 180 days during the 12 calendar months immediately preceding the expected date of confinement. The maternity benefit is payable for a period of 12 weeks.

Death Grant

The rate of death grant is equal to 30 times the daily rate of sickness benefit.

Iddat Benefit

On the death of the husband of a secured woman, she is entitled to receive Iddat (Islamic concept) benefit equal to the daily rate of her wages during the period of her Iddat.

Medical Care during Sickness

A secured person and his dependents shall be entitled to medical care in the manner and to the extent provided in the regulations.

Injury Benefits

A secured person shall, subject to regulations be entitled to receive injury benefits as may be fixed by government by notification. Injury benefit is not payable for the first three days. The maximum duration of payment is 180 days.

Disablement Pension

A person who has sustained total or partial disablement shall be entitled to receive disablement pension upon the expiration of entitlement of injury benefit. If a disablement pension has been paid for five years it shall be payable for a whole life.

Disablement Gratuity

Employees who sustain minor disablement shall be entitled to a disablement gratuity at such rates for different degrees of disablement as may be fixed by the government by notifications, in consultation with the institution.

Where a person receiving disable pension ceases to suffer from the total are partial disablement but continence’s to suffer from minor disablement he shall on the termination of disablement pension he emitted to disablement gratuity.

Survivor’s Pension

Where a secured person dies as a result of employment injury, survivor’s pension is payable to each of the heirs of the deceased in the proportions specified in section 42, subject to a maximum of the rate of total disablement pension which was payable to a deceased person.

lisa
Lisa C. Townes

Lisa is a passionate travelers. She spends 3 months every year visiting different places worldwide. She has visited almost every famous place in the world. She herself is an affiliate blogger

Filed Under: Business Leave a Comment

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar

Rubber-Producing

Natural rubber comes from the milky latex of … [Read] about Top 10 Rubber-Producing Countries in the World (Uses & Types)

Guys Check a Determine the Value of a Company

Every day, business owners and investors face an … [Read] about How to Determine the Value of a Company

American Express Gold Rewards Card Review

The American Express Gold Card remains one of the … [Read] about American Express Gold Rewards Card Review (2025 Update)

Good Project Management

Every organization aims to complete its projects … [Read] about Importance of Project Quality Management (2025 Update)

End-to-End Project Management

Every successful project needs a clear structure, … [Read] about Things to Know About End-to-End Project Management

Forklift

In warehouses, factories, and large distribution … [Read] about What Is a Forklift Tracking System and How Does It Work?

Project Management Budgeting Methods Explained

Every successful project starts with a plan — and … [Read] about Project Management Budgeting Methods Explained

Minimum Wage in Illinois

All employers in Illinois must pay their employees … [Read] about Minimum Wage in Illinois 2025 — What You Should Know

Taco Bell Entrance

Taco Bell, a globally recognized fast-food chain … [Read] about How Old Do you Have to Be to Work at Taco Bell?

Minimum Wage in Georgia

Different states have the power to set a legal … [Read] about What is the Minimum Wage in Georgia in 2025? State vs Federal Rules & FAQs

Smartphone open the Social Media App

Every startup dreams of building a loyal audience … [Read] about 7 Common Social Media Mistakes Startups Should Avoid in 2025

Calculate Receivables Turnover Ratio

Effectively managing accounts receivable is … [Read] about How to Calculate Receivables Turnover Ratio

Visa Lawyer Can Protect Your Future and Business Opportunities

Immigrating or obtaining the right visa can be a … [Read] about How a Visa Lawyer Can Protect Your Future and Business Opportunities

Personal Injury Disrupts Work and Financial Stability

Personal injuries can happen unexpectedly, whether … [Read] about When Personal Injury Disrupts Work and Financial Stability

A personal injury can turn your world upside down … [Read] about How Personal Injury Can Affect Your Finances and Business Life

Copyright © 2018-2024 - Business Finance Articles
About Team - Editorial Process - Contact US - Go to Blog - Terms and Conditions - Privacy Rights - Comment Policy - Privacy Policy
Follow us on Facebook - Google News