Descriptions of the major social security reforms in social protection schemes worldwide since 1995, including information on existing and planned changes to social security systems. Social security reforms are compiled by the ISSA Social Security Observatory.
On May 1, a new multilateral agreement that provides social security benefits to migrant workers and their families in eight countries (Bolivia, Brazil, Chile, Ecuador, El Salvador, Spain, Paraguay, and Portugal) entered into force.
Beginning June 1, new rules for employer-sponsored voluntary pension (APVC) plans will go into effect that aim to encourage more employers to set up those type of plans and more employees to participate.
On May 1, a new law went into effect that diverts a portion of employee contributions from second-pillar individual accounts, managed by open pension funds (OFEs), to newly created first-pillar subaccounts, managed by Poland's social insurance institution (ZUS).
On April 25, the Parliament of Uganda passed a law establishing the Retirement Benefits Authority (RBA), an independent regulatory authority responsible for regulating the establishment, management, and operation of retirement benefit programs in the private sector.
On March 29, the government launched the Social Pension Program to help the indigent elderly provide for their daily subsistence and medical needs.