What is Social Security:
Social security aims to guarantee social protection to individuals and households that are in a situation of social vulnerability.
Social security should fulfill the role of society to ensure the following rights:
- Access to medical care, income security in the event of old age, unemployment, illness, disability, work accidents, maternity and loss of breadwinner.
The importance of social security is that it constitutes a mechanism for redistributing wealth, in which, with adequate coverage, contributions can guarantee a fairer and more equitable quality of life by protecting health, pensions and the unemployed.
The principles or values that govern social security are:
- Universality Solidarity, Equity, Integrity, Equality, and Unity.
Social security has been declared as a basic human right in:
- The Declaration of Philadelphia of the International Labor Organization in 1944, The Universal Declaration of Human Rights in 1948, and The International Covenant on Economic, Social and Cultural Rights in 1966.
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