First law: 1979.
Current law: 1993.
Type of program: Social insurance system.
Employed and self-employed persons aged 16 to 65.
Insured person: 3.25% of earnings; the self-employed contribute 6.5%.
Employer: 3.25% of covered wages.
Government: None.
The maximum annual earnings for contribution and benefit purposes are U.S.$23,400.
Old-age pension: Age 65 with 500 weeks of contributions.
Partial pension: A reduced pension is payable with between 51 and 499 weeks of contributions.
Old-age grant: Age 65 with at least 50 weeks of contributions and ineligible for any periodic benefit.
Disability pension: Under age 65 with 500 weeks of contributions and permanently incapable of any work.
Disability grant: Under age 65 with at least 50 weeks of contributions, ineligible for any periodic benefit, and permanently incapable of any work.
Survivor pension: A
Funeral grant: For the death of an insured person or his or her dependents.
Old-age pension: 30% of average covered earnings in the best 3 consecutive years, plus 1% of average covered earnings for every
Partial pension: The full pension is reduced in proportion to the total number of weeks of contributions.
Old-age grant: Six times average weekly earnings for every
Disability pension: 30% of average covered earnings in the best 3 consecutive years, plus 1% of average covered earnings for every
Disability grant: Six times average weekly earnings for every
Survivor pension:
Orphan's pension: 33.3% of the
Funeral grant: The grant depends on the age of the person at death. For a child under age 1, U.S.$300; for a child aged 1 to 15, U.S.$1,200; for persons aged 16 or older, U.S.$2,000.
Chief Minister's Office provides general supervision.
Social Security Board administers the program.
First law: 1979.
Current law: 1993.
Type of program: Social insurance system. Cash benefits only.
Employed and self-employed persons aged 16 to 65.
Insured person: 0.75% of covered earnings; the self-employed contribute 1.5%.
Employer: 0.75% of covered wages.
Government: None.
Cash sickness benefits: Twenty-six weeks of contributions, with 8 weeks of contributions in the 13 weeks before the onset of illness.
Cash maternity benefits: Twenty-six weeks of contributions, with 20 weeks of contributions in the 39 weeks before the expected date of childbirth.
Maternity grant: The wife of an insured worker.
Sickness benefit: 66.6% of average weekly covered earnings, payable for up to 26 weeks.
Maternity benefit: 66.6% of average weekly covered earnings in the 39 weeks prior to the expected date of childbirth. The benefit is payable for up to 13 weeks, beginning no earlier than 6 weeks before the expected date of childbirth.
Maternity grant: A lump sum of U.S.$200.
No statutory benefits are provided.
No statutory benefits are provided.
Chief Minister's Office provides general supervision.
Social Security Board administers the program.
First and current law: 1994.
Type of program: Social insurance system.
Employed and self-employed persons aged 16 to 65.
Insured person: None; the self-employed contribute 0.5% of earnings.
Employer: 0.5% of covered wages.
Government: None.
The maximum earnings for employer contribution purposes are U.S.$23,400.
Work injury benefits: There is no minimum qualifying period.
Temporary disability pension: 75% of average weekly covered earnings, payable for up to 26 weeks.
Permanent disability pension: 75% of average weekly covered earnings is payable for up to 26 weeks if the assessed degree of permanent disability is 100%.
Partial disability: The pension is proportionately reduced for an assessed degree of disability of 30% to 99%.
A lump-sum grant is paid for an assessed degree of disability of at least 1% up to 29%.
Benefits include hospitalization; general, specialist, and nursing care; medicines; transportation; and artificial limbs.
Survivor pension: The maximum survivor pension is 75% of the insured's pension or prospective pension. The
Other eligible survivors: Half of the maximum survivor pension is divided equally among other survivors.
Funeral grant: A lump sum of U.S.$2,000.
Chief Minister's Office provides general supervision.
Social Security Board administers the program.
