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Reports & StudiesCommittee on Economic Security (CES) |
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Volume II. Old Age Security The attached summary shows that in majority of foreign countries the labor department supervises the administration of old age insurance laws. In a number of these countries the departments of social affairs, of social welfare, or, as in Italy, the ministry of corporations perform the function of a department of labor, though they are not called by that name. There are three countries which have placed the administration of old age insurance in other departments. They are: (1) Great Britain, whose old age insurance law is administered by the Ministry of Health. (2) Luxemburg, which has an independent social insurance institution. (3) Union of Soviet Socialist Republics where the central council of the trade unions has taken over all functions of the old Commissariat of Labor, including that of administering old age insurance. It is interesting to note that the German old age insurance law was administered by an independent insurance institute from its beginning in 1891 until 1924, when it was placed under the supervision of the Ministry of Labor.
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