scholarly journals Social Security Contribution Rate and Its Impacts on Labor Demand of Enterprises in Carbon Neutral Context

2021 ◽  
Vol 275 ◽  
pp. 02059
Author(s):  
Haizhu Zhao ◽  
Lianhua Luo

With the government setting stricter standard on carbon emission, enterprises are facing more environmental pressure and cost these years. At the same time, China’s State Council has officially announced a further reducing the social security contribution rate from May 1, 2019, it is worthy of assessing that if the reduction would decompress enterprises and promote labor demand. Our results shows that social security contribution rate does not have significantly impacts on enterprises’ labor demand overall. However, when wage and benefit are controlled, it has a direct impact on labor demand. Basic regression and heterogeneity analysis both confirm it. Wage and benefit play intermediary roles as the results show. Social security contribution rate has negatively impact on wage and benefit, which help to keep the total labor remuneration and then labor demand unchanged. State-owned and private enterprises show similar results. However, laborintensive and non-labor-intensive enterprises show slightly different results.

Legal Studies ◽  
2021 ◽  
pp. 1-18
Author(s):  
Christopher Rowe

Abstract As part of its response to Covid-19 the government paused the use of the ‘Minimum Income Floor’ (MIF), which restricts the Universal Credit (UC) entitlement of the self-employed. This paper places the MIF in the wider context of conditionality in the social security system and considers a judicial review which claimed that the MIF was discriminatory. The paper focuses on how UC affects the availability of real choices for low-income citizens to limit or escape from wage labour, with two implications of the move to UC highlighted. First, the overlooked labour decommodifying aspect of tax credits, which provided a minimum income guarantee and a genuine alternative to wage labour for people who self-designated as ‘self-employed’, even if their earnings were minimal or non-existent, has been removed. Secondly, UC has in some respects improved the position of low-paid wage labourers in ‘mini-jobs’, who are not subject to conditionality once they work for the equivalent of approximately nine hours a week on the minimum wage.


2018 ◽  
Vol 54 ◽  
pp. 03019
Author(s):  
Tedi Sudrajat ◽  
Siti Kunarti ◽  
Abdul Aziz Nasihuddin

The Social Security System in Indonesia has been regulated by the government, and the program is managed by an agency called Social Insurance Administration Organization (BPJS). Associated with the existence of social security functions for workers, its practice presents a gap between what is expected and what is regulated. For this reason, it is therefore necessary to examine, firstly, what kind of legal protection of workers is covered by this national social security system managed in BPJS program and, secondly, what constraints are encountered in its implementation. This research is Juridical Normative one, with normative qualitative data analysis. The research finds that the social security is correlated not only with the welfare of employees who are assessed by the level of wages provided by the organization, rather it is also correlated with other factors in the form of health and safety assurance. In the broader context, social welfare is measured not only when the person is at work and gets social security benefits, rather the measure of his welfare is also applicable when the worker is not working and/or when they retire. On the basis of these, the social security program is an integral aspect of social security to which the government should give a legal protection.


2003 ◽  
Vol 2 (3) ◽  
pp. 273-293 ◽  
Author(s):  
ANDRÁS SIMONOVITS

This paper applies the method of mechanism design to find optimal linear pension rules (contribution rate and monthly benefit function) for flexible retirement: First the government announces a rule, making the benefit dependent on employment length. Each individual, having private information on his own expected lifespan and utility function, optimizes his employment length, conditional on that rule. The government chooses the optimal Bayesian linear rule, which maximizes the social welfare (e.g. the aggregate individual maxima) under a social constraint (e.g. the aggregate net lifetime contribution equals zero). Under this rule there is a better compromise between incentives and insurance than under so-called actuarially fair benefits.


Author(s):  
Kananelo E Mosito

Social security is one of the most important areas of social policy.As part of its social policy, the government of Lesotho has promulgated various pieces of legislation and introduced an assortment of public assistance programmes for the benefit of the people of the country. There are also various informal social security measures which are the result of coordinated activities by individuals and groupings in Lesotho. These initiatives together provide a broad spectrum of social security provisioning for the people of Lesotho. This article sets out to discuss the said social security provisioning measures and appraises the efficacy of their interventions.Lesotho is a constitutional state.The Constitution of Lesotho came into force on 2April 1993. It provides for a Bill of Rights as well as principles of state policy. There is, however, no express provision in the Constitution for a right to social security. This is regrettable. Thus, the intersection between constitutional law and social security within the context of Lesotho can be achieved only through the interpretation of the fundamental rights as well as the principles of state policy provided in the Constitution. While the provisions relating to fundamental rights help to establish entitlements to social security, the principles of state policy play an important role in giving direction to service delivery.Understanding the link between the various governmental and social initiatives is crucial if interventions are to be designed which will enhance the provision of social security for the benefit of the people of Lesotho.


2019 ◽  
Vol 14 (1) ◽  
pp. 124-145
Author(s):  
Bahjatul Imaniyah

In providing social security, the government requires all Indonesian workers to become members of the BPJS Employment. However, because the majority of the population is Muslim who live based on the laws of the Qur'an and Sunnah, it is necessary to review whether the BPJS Employment has fulfilled the syarî'ah economic law or not. By applying the method of normative legal research and interview techniques to parties concerned, this study concludes that the contract of the BPJS Employment program does not deviate from the sharia economic law (Islamic economic law) because, in the compensation on accident during the work program (JKK) it can be categorized as tabarru’ contract which only applies to virtue. The Death Insurance program (JKM) is an implementation of at-takmin at-ta’âwuniy, which is ta’âwun in a tabarru’ conrract.  As for the Old Age security program (JHT), it’s concept is similar to the contract of mudlârabah musytarakah. The same goes for the Pension Insurance (JP) program as a transition from the contract for wârits.


2020 ◽  
Vol 4 (1) ◽  
pp. 78-84
Author(s):  
Hafiz Sutrisno

Workers in Indonesia now really need a social security for themselves, because with the social security received by them makes them more focused in carrying out their duties to completion. The existence of social security provided will increase the welfare of the workforce itself and have a good impact on the survival of their families in the future if one day there is an accident of work from these workers when they carry out their duties the family can enjoy financial assistance from the government through social security. This study uses qualitative methods, namely research procedures that produce descriptive data in the form of written or spoken words from people or observable behavior. This method also comes from actions that are used as an understanding based on phenomena that occur in society, especially workers. In giving effect to the workers, BPJS Ketenagakerjaan has functions for workers, namely: Organizing work accident insurance programs, Organizing death insurance programs, Conducting old age insurance programs, Organizing pension insurance programs. The conclusion of this research is that there are still many companies that do not give rights to their workforce, that is, they do not take care of BJPS Ketenagakerjaan, which is a matter that must be obtained by each workforce. And the lack of awareness of the workforce about the benefits of BPJS Ketenagakerjaan for them in the event of a work accident.


2021 ◽  
Vol 15 (2) ◽  
pp. 113-115
Author(s):  
Səbinə Eldəniz qızı Şirinova ◽  

This article accounts for the idenfication of perspectives of the enhancement of the social law regarding the social assistance payments. Enhacing citizens' social welfare, creating the environment for the fulfillment of their material and spiritual needs and solving the issues related to the social security are the priorities of the social policy of the Republic of Azerbaijan. Over the recent years the successful uptrend of development has been maintained in all directions, the application of all social programmes, enhancement of citizens' social security, involving socially sensitive groups of citizens in the social care of the government, the security of their labor rights, the arrangement of active employment events and dedicated acts in other fields, pension and social distribution, the reforms regarding the enhancement of medical-social examination systems have been proceeded successfully. In this regard, we consider that some changes to the legislative statements regarding the social assistance payments should be done. As social assistance payments have a dynamic nature, regular enhancements on the legislative statements should be done. Key words: social services, enforcement of citizen's social welfare, social assistance payments, the perspectives of enhancing the law regarding social assistance payments


2021 ◽  
pp. 193672442110269
Author(s):  
Le Hoang Viet Lam

On the international scale of measurement, Vietnam stands out as a country that has successfully accomplished the objectives of minimizing the spread of COVID-19. These objectives have been achieved through several factors, including the Government’s commitment, excellent success of the health service, and the “wholeheartedness” of the armed forces, especially the social consensus, which is clearly reflected in the decisions and policies made. Among those crucial decisions, the stable social security system has been the key priority of the government of Vietnam because it provides a strong foundation for the disadvantaged, who are not expected to overcome the pandemic based on their low-level “resistance.” The article aims at illustrating Vietnam’s social security interventions and strategies when faced the global COVID-19 pandemic and it also draws some experience that need to be referenced in implementing Social Security Society witnessed from Vietnamese reality.


Author(s):  
Francisco Perez-Arce ◽  
Lila Rabinovich ◽  
Joanne Yoong

Abstract To ensure the long-term sustainability of the US Social Security System, several policy alternatives can theoretically be implemented. However, in practice, consumer responses can be challenging for policymakers to anticipate. We conducted a randomized survey on the nationally-representative Understanding America Study (UAS) panel where respondents were presented with a series of ‘policy scenarios’ in which the government enacts alternative reforms aimed to reduce the expected shortfall in the trust fund that pays Social Security retirement benefits. These scenarios included an increase in the Social Security payroll tax, an increase in the wage ceiling, and a reduction of benefits. We find that changes in respondents’ subjective expectations about their benefits and how this will affect their behaviors are directionally consistent with what would be expected when individuals are attentive to the available information and form rational expectations (e.g., monthly benefit expectations increase upon the announcement of an increase in the Social Security tax rate or in the wage ceiling, and they decrease less-than-proportionally with hypothetical benefit cuts). However, surprisingly, these changes are not sensitive to the magnitudes of policy change (e.g., the increase in expected benefits is about the same regardless of the size of Social Security payroll tax increases). Individuals with higher levels of education, cognitive ability, and financial literacy are more likely to adjust their expectations as predicted by theory.


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