ECCB Micro-Business Simulation Workshop Presentations

Benefits of Paying Social Security

Access to Short-Term and Long-Term Benefits

By contributing to Social Security, both you and your employees gain access to certain short-term and long-term benefits, providing a source of income when certain contingencies occur, and during retirement years. These benefits are:

SHORT-TERM BENEFITS: Sickness Benefit Maternity Benefit

LONG-TERM BENEFITS: Disability Benefit

Grant

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Allowance

 Pension Survivors Benefit

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 Benefit Paternity Benefit Funeral Grant

Grant

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 Pension Old Age Pension (Retirement)

Grant

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Pension

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