scholarly journals SOCIAL SECURITY CONTRIBUTION INDEBTED FIRMS IN VIETNAM: CHARACTERISTICS AND MARKET VALUE

2020 ◽  
Vol 129 (5A) ◽  
Author(s):  
Phan Hoang Long ◽  
Tra Luc Diep ◽  
Tran Thi Hang
Keyword(s):  
Social Security ◽  
Market Value ◽  
Foreign Ownership ◽  
State Ownership ◽  
Social Security Contribution ◽  
Public Firms ◽  
Size Number ◽  
The Social ◽  
Using Data ◽  
Social Security Agency

Abstract: This research is the first to empirically analyse the characteristics of firms that defer the social security contribution for their employees to the Vietnam Social Security agency, which is a chargeable offense starting 2018 as the Vietnam government focuses on ensuring worker welfare. Using data on 873 public firms headquartered in four major cities (Ha Noi, Ho Chi Minh, Da Nang, and Hai Phong), we find that non-state-owned firms and firms with lower profitability and higher debts are more likely to be in arrears on social security contribution. On the other hand, the roles of foreign ownership, size, number of employees, and number of branches/offices are insignificant. We further show that being social security contribution indebted would negatively affect shareholders’ interest as it is associated with lower firm market values.Key words: social security contribution, worker welfare, state ownership, foreign ownership, firm market value

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
Keyword(s):  
Social Security ◽  
Labor Demand ◽  
State Council ◽  
Contribution Rate ◽  
Social Security Contribution ◽  
The Social ◽  
Heterogeneity Analysis ◽  
The Government ◽  
Total Labor ◽  
Labor Remuneration

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.

Redistribution under the Social Security benefit formula at the individual and household levels, 1992 and 2004

2012 ◽  
Vol 12 (1) ◽  
pp. 1-27 ◽  
Author(s):  
ALAN L. GUSTMAN ◽  
THOMAS L. STEINMEIER ◽  
NAHID TABATABAI
Keyword(s):  
Social Security ◽  
Labor Force Participation ◽  
Social Security Benefit ◽  
Household Level ◽  
Individual Level ◽  
The Social ◽  
High Earning ◽  
Using Data ◽  
The Individual ◽  
Over Time

AbstractStudies using data from the early 1990s suggested that while the progressive Social Security benefit formula succeeded in redistributing benefits from individuals with high earnings to individuals with low earnings, it was much less successful in redistributing benefits from households with high earnings to households with low earnings. Wives often earned much less than their husbands. As a result, much of the redistribution at the individual level was effectively from high earning husbands to their own lower earning wives. In addition, spouse and survivor benefits accrue disproportionately to women from high income households. Both factors mitigate redistribution at the household level. It has been argued that with the increase in the labor force participation and earnings of women, Social Security now should do a better job of redistributing benefits at the household level. To be sure, when we compare outcomes for a cohort with a household member age 51 to 56 in 1992 with those from a cohort born twelve years later, redistribution at the household level has increased over time. Nevertheless, as of 2004 there still is substantially less redistribution of benefits from high to low earning households than from high to low earning individuals.

scholarly journals The Contract of the Social Security Agency for Employment (BPJS Ketenagakerjaan) in The Perspective of Sharîa Economic Law

2019 ◽  
Vol 14 (1) ◽  
pp. 124-145
Author(s):  
Bahjatul Imaniyah
Keyword(s):  
Social Security ◽  
Pension Insurance ◽  
Work Program ◽  
Old Age Security ◽  
Economic Law ◽  
Insurance Program ◽  
The Social ◽  
The Government ◽  
Islamic Economic ◽  
Social Security Agency

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.

scholarly journals Ability and Workload on Organizational Performance through Organizational Commitments: Case Study in Employee Directorate Supervisors in Retirement Funds and Employment Management Agencies

2019 ◽  
Author(s):  
Dikdik Kurnia ◽  
Suharto Suharto ◽  
Iwan Kurniawan Subagja
Keyword(s):  
Data Analysis ◽  
Organizational Commitment ◽  
Social Security ◽  
Organizational Performance ◽  
Pension Fund ◽  
The Social ◽  
Organization Analysis ◽  
Retirement Funds ◽  
Social Security Agency

This study aims to determine the effect of ability and workload on the organizational performance simultaneously, determine the effect of the ability to organizational performance partially, determine the effect of workload on the organizational performance partially, determine the effect of organizational commitment on organizational performance partially, determine the effect of ability on performance organization through organizational commitment and determine the effect of workload on organizational performance through organizational commitment. The study was conducted in the supervision Directorate of the Pension Fund and the Social Security Agency Employment FSA. Sampling using saturated samples involving 36 employees in all parts of the organization. Analysis of data using path analysis. Based on data analysis found that the variable ability and workload impact on organizational performance simultaneously. Variable's ability affects organizational performance partially. Variable workload affects organizational performance partially. Organizational commitment variables effect on organizational performance partially. Organizational commitment to organizational performance can provide an improved impact between ability and workload on organizational performance.

scholarly journals Peranan Jaksa Pengacara Negara dalam Menyelesaikan Kasus Mewakili Badan Penyelenggara Jaminan Sosial (BPJS) Ketenagakerjaan di Denpasar

2021 ◽  
Vol 2 (3) ◽  
pp. 462-467
Author(s):  
Gusti Ayu Ajeng Prabaningtyas ◽  
Nyoman Putu Budiartha ◽  
I Made Minggu Widyantara
Keyword(s):  
Social Security ◽  
Primary Data ◽  
Power Of Attorney ◽  
Literature Study ◽  
Role Of The State ◽  
The Social ◽  
Special Power ◽  
Business Entities ◽  
Social Security Agency

The prosecutor as the recipient of the power of attorney in a special power of attorney, which in this case represents employment BPJS, handles legal issues related to entrepreneurs who have not registered themselves and staff as members of the Manpower Dependent Program. The purposes of this study are to reveal the role of state attorneys in resolving cases representing the Social Security Administering Body (BPJS) for employment in Denpasar and the efforts of state attorneys to resolve cases representing BPJS for employment in Denpasar. This type of research is sociological with an empirical juridical approach. Data collection techniques were carried out by literature study, observation, interviews related to this research. Sources of data used in the form of secondary and primary data which are then analyzed systematically. The results of the study indicate that the role of the State Attorney's Attorney in resolving cases representing BPJS Ketenagakerjaan as a legal counsel with a Special Power of Attorney to resolve the company has not recorded itself and its staff in the Manpower Dependent Program. While the efforts of State Lawyers in resolving cases representing BPJS Ketenagakerjaan, with a Special Power of Attorney from BPJS Ketenagakerjaan, State Attorneys act in terms of providing non-litigation legal assistance by mediating business entities and individuals who do not register as members of the Employment Social Security Agency or have not complied with the payment of fees

Heaping in Anniversary Reaction Studies: A Cautionary Note

2007 ◽  
Vol 54 (1) ◽  
pp. 59-65 ◽  
Author(s):  
Ernest L. Abel ◽  
Michael L. Kruger
Keyword(s):  
Missing Data ◽  
Social Security ◽  
Cautionary Note ◽  
Holiday Effect ◽  
Significant Relationships ◽  
The Social ◽  
Social Security Death Index ◽  
Using Data ◽  
Birth Death

Several studies have reported evidence that death is often associated with significant ceremonial events like holidays and birthdays, a phenomenon variously called the “anniversary reaction,” “holiday effect,” “birthday blues,” etc. This article, using data from the social security death index (SSDI), shows how evidence for this phenomenon can arise from an artifact in death records called “death heaping” in which certain dates, usually the 1st or the 15th, are systematically entered for missing data. In this study, each calendar birthday for the year 2003 in the SSDI was paired with either the 14th or 15th calendar day of death. For each pairing, there were more deaths for the 15th than the 14th. A second analysis compared the correspondence between dying on the same day of the month as one's birthday for the first 28 days of the month. A significantly greater number of birth-death combinations occurred for the 1st and 15th day of the month. These results suggest that studies of “anniversary reactions” should conduct preliminary evaluations to consider the possibility that statistically significant relationships do not arise from “death heaping.”

scholarly journals Obowiązek zgłoszenia umowy o dzieło do ZUS – usprawnienie systemu kontroli w świetle konstytucyjnych zasad równości, proporcjonalności i autonomii informacyjnej

2021 ◽  
Vol 28 (4) ◽  
pp. 355-371
Author(s):  
Agata Miętek
Keyword(s):  
Social Security ◽  
Social Security System ◽  
Prima Facie ◽  
Security System ◽  
Specific Work ◽  
Legal Relationship ◽  
The Social ◽  
Work Contract ◽  
Social Security Agency ◽  
Significant Data

Obligation to notify Social Security Agency about a specific work contract – improvement of the control system in the light of constitutional principles of equality, proportionality and information autonomy The purpose of the paper is to analyze obligation to notify Social Security Agency about concluded specific work contracts, which was introduced as of 1 January 2021 in the social security system act. Firstly, the way in which the new obligation was introduced raises significant doubts. Under the guise of anti-crisis measures, a new obligation has been introduced in the Anti-Crisis Shield, which has little to do with its purpose. Secondly, the prima facie technical obligation also raises practical doubts, but more importantly, it prompts questions about its compliance with the constitutional principles of equality, proportionality and information autonomy. Fulfillment of the obligation results in transfer to the Social Security Agency of significant data on legal relationship that are – as a rule – indifferent from the perspective of the social security system, the scope of which is not determined by a statute, but by a sub-statutory act.

Anatomy of social security contribution evasion in Italy

2020 ◽  
pp. 7-37
Author(s):  
Vincenzo Alfano
Keyword(s):  
Social Security ◽  
Tax Evasion ◽  
Work Force ◽  
Descriptive Statistics ◽  
Italian Population ◽  
Social Security Contribution ◽  
Italian Regions ◽  
Highly Sensitive ◽  
The Social ◽  
The World

This work presents an estimate of social security contribution evasion (SSCE) for different job categories and job sectors in Italy, among 1995 and 2016. The evasion is computed as share of the work-force that did not pay social security contribution, not as monetary evasion. The author finds a stationary trend in the size of the SSCE over time, and some significative differences in the different sectors and in the different Italian regions. The average SSCE for Italy in the 1995-2016 period is 0.149, an evasion of around 15 percent of the workforce in the social security contributions of a representative sample of Italian population, calculated on over 26,000 observations. SSCE is a well-known issue all around the world. It is a highly sensitive topic, and it is been suggested that given the aging of the population and the increasing flexibility of the work, its importance is going to increase. It is particularly interesting in a country such as Italy, where there is a huge underground economy that affects the country. Even though economists have studied the determinant and the effect of tax evasion (Allingham and Sandmo, 1972) since half a century, very few works have specifically focused on the implication of contribution evasion for social security schemes (Bailey, 2001; McGillivray, 2002) and on the determinants of contribution evasion (Bailey, 1997), especially with a quantitative approach. This work aims to contribute to the literature on SSCE, which has his own specificities that makes it different from tax evasion, offering a series of descriptive statistics on SSCE in Italy in the last twenty years. The two main goals of this study are to estimate SSCE in Italy for the different job categories, in different work sectors and in all the Italian regions between 1995 and 2016 and to provide some insights about the main causes of SSCE. In a nutshell, the findings of the author show that the highest SSCE is among self-employed and temporary worker active in the household services, building and agriculture sectors. Instead for the geographical distribution concerns, Southern Italian regions register a higher SSCE than Centre and North of Italy. The trend over the period 1998-2016 of SSC evasion is pretty much stable, while there is a gap with the 1995 estimate.

scholarly journals Social Security Reform and Personal Saving: Evidence from Brazil

2018 ◽  
Vol 10 (9) ◽  
pp. 26 ◽  
Author(s):  
Pedro Tonon Zuanazzi ◽  
Adelar Fochezatto ◽  
Marcos Vinicio Wink Junior
Keyword(s):  
Social Security ◽  
Population Aging ◽  
Treated Group ◽  
Social Security Systems ◽  
Public Servants ◽  
Constitutional Amendments ◽  
Personal Saving ◽  
The Social ◽  
Social Security Reforms ◽  
Using Data

The population aging process has caused a financial imbalance in the social security systems of countries based on pay as you go system, as is the case in Brazil. To face this challenge, the Brazilian governments have undertaken several reforms since the 1988 Constitution. Confronting the life cycle hypothesis, the aim of this paper is to estimate the causal effects of Social Security Reforms on the Likelihood of Saving in Brazil by exploring two exogenous events, the 41th (of 2003) and 47th (of 2005) Constitutional Amendments, that reduced the expectations of benefits only for public servants. Using data from the House Budget Surveys, the results of differences-in-differences models show that the reform increased in a range of 2.1 to 2.9 percentage points in the probability of saving of the treated group. The results are in line with the recent literature indicating that reforms contribute to an increase in personal savings.

scholarly journals KEBIJAKAN JAMINAN SOSIAL TENAGA KERJA SEKTOR INFORMAL BERBASIS KEADILAN SOSIAL UNTUK MENINGKATKAN KESEJAHTERAAN

2015 ◽  
Vol 93 ◽  
Author(s):  
Siti Ummu Adillah , ◽  
Sri Anik ,
Keyword(s):  
Social Security ◽  
Informal Sector ◽  
Employment Relationship ◽  
Employment Agency ◽  
The Social ◽  
Workplace Accidents ◽  
Social Security Programs ◽  
A Priority ◽  
Social Security Agency

<h3>Abstracts</h3> <table cellspacing="0" cellpadding="0"><tbody><tr><td width="95" height="0"><br /></td></tr><tr><td><br /></td><td><br /></td></tr></tbody></table><br /> <em>The implementation of social security programs for informal sector workers is a priority for labor outside the employment relationship is dominated workforce in Indonesia. Implementation of this program, there are still barriers include: lack of cooperation between the Social Security Agency (BPJS)  Employment</em> <p><em>employment, while on the side of labor, namely payment of dues and the amount of the payment of compensation that do not correspond to the level of workplace accidents.</em></p> <p><strong><em>Keywords : </em></strong><em>Policy, the Social Security Employment Agency, informal sector</em></p> <p><em> </em></p> <h2>Abstrak</h2> <p><strong> </strong></p> <p>Penyelenggaraan program jaminan sosial bagi tenaga sektor informal menjadi prioritas karena tenaga kerja diluar hubungan kerja ini mendominasi angkatan kerja di Indonesia. Pelaksanaan program ini masih terdapat hambatan-hambatan antara lain: kurangnya kerjasama antara Badan Penyelenggara Jaminan Sosial (BPJS) Ketenagakerjaan dengan pihak tenaga kerja sektor informal, kurangnya sosialisasi, sulitnya menghubungi dan menelusuri keberadaan tenaga kerja mandiri, sedangkan dari sisi tenaga kerja yaitu pembayaran iuran dan jumlah pembayaran santunan yang tidak sesuai dengan tingkat kecelakaan kerja.</p> <p><strong>Kata Kunci: </strong>Kebijakan, Jaminan Sosial Tenaga Kerja, Sektor Informal</p> <p> </p>

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