SOCIAL SECURITY REFORM

SPSSR > FAQs > 16. Will these reforms be sustainable in the long-term?

Question

16. Will these reforms be sustainable in the long-term?  

Answer

Government will ensure that the social security reforms- and in particular the National Social Security Fund- will be sustainable over the long term and will not have an adverse impact on the economy. Automatic balancing mechanisms will be incorporated into the Fund's rules to change the system's parameters in response to any demographic or economic changes that threaten its solvency.
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Created at 3/1/2011 4:42 PM  by Sharvania Pillai 
Last modified at 3/1/2011 4:42 PM  by Sharvania Pillai 




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