Social Security Budget: One of the Highest in Cuba

Featured Social Security Budget: One of the Highest in Cuba

1,670,502 citizens were granted social security pensions in 2018. Meanwhile, the budget approved was 6,2 billion Cuban pesos, one of the highest in the country, according to MSc. Miriam Lau Valdes, director of the International Relations and Social Communication department at the Ministry of Labor and Social Security (MTSS).

In a press conference —along with cadres and executives of the Ministry— Mrs. Lau highlighted Cuba has reasons to celebrate the 100th anniversary of the International Labor Organization (ILO) to be held throughout 2019.

In June, Cuba will attend to the 108th Session of the International Labor Conference in Geneva, where the future of labor —among so many other subjects— will be addressed in the plenary session.

Cuba will present its achievements on this subject in the Summit.

At the end of last year, the unemployment rate here was 1,7%, indicator regarded as full employment by IWO.

More than 4 million people are today contributing to our national economy. Our nation has an employment policy that ensures the access to work on equal basis and with no discrimination.

Child and forced labor are forbidden. An income security is granted in correspondence with the quantity and quality of the work carried out, with equality of opportunities for men and women.

Likewise, the right to safety and health in the work is protected by adopting measures to prevent accidents and occupational diseases.

The IWO is a specialized agency within the UN System. Cuba is member state since its foundation in 1919. It is the only “tripartite” agency, which means that the representatives of every state are composed of the government, employees, and employers.

Translated by Sergio A. Paneque Diaz/CubaSi Translation Staff

Last modified onTuesday, 16 April 2019 09:53

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