Friday, May 27, 2022
Social Security Policy Support (SSPS) Programme

Social Security Policy Support (SSPS) Programme

An initiative of the Cabinet Division and the General Economics Division (GED), Planning Commission, Government of Bangladesh

  • NSSS
    • About NSSS
    • NSSS (Bengali Version)
    • NSSS (English Version)
    • Vision and Goal
    • Key Strategies
  • NSSS Action Plan
    • Phase I (2016 – 21)
    • Formulation of Phase II (2021-26)
  • Data
  • Events
  • Resources
    • Publications / Reports
    • Op-ed
    • Discussion Paper
    • Research Brief
    • Research Brief of Diagnostic Studies
    • Social Protection in News
    • E-Library
  • Organizational Structure
    • Central Management Committee
    • Thematic Clusters
      • Social Allowance Cluster
      • Food Security & Disaster Assistance Cluster
      • Social Insurance Cluster
      • Labour/Livelihood Intervention Cluster
      • Human Development and Social Empowerment Cluster
    • Crosscutting Ministries / Divisions
    • Committees
    • Focal Points
    • Meetings / Workshops
  • COVID-19 Response
  • SSPS
    • About SSPS
    • Project Factsheet
    • Partnerships
    • Management Arrangements
    • Contact us
Publications 

Study on Framework for Introduction of National Social Insurance Scheme in Bangladesh (DRAFT)

March 27, 2020March 23, 2021 mahfuzul.bari 0 Comment National Social Insurance Scheme, NSIS

The NSSS envisions the establishment of a National Social Insurance Scheme (NSIS) that will be regulated under the Insurance Act 2010 and governed by Insurance Development and Regulatory Authority of Bangladesh (IDRA) under the Bank and Financial Institutions Division of Ministry of Finance. The scheme aims at providing social security benefits to the working-class population and pension to the elderly. In addition, it will address other exigencies (such as workplace related accident, sickness, unemployment and maternity) for both the elderly as well as the working-class populations in Bangladesh.

Two key components of the NSSS are the focus areas of this engagement creating a framework for introduction of National Social Insurance Scheme (NSIS) and Private Voluntary Pensions (PvP) in Bangladesh. The scope of work of the engagement aims to explore options to develop NSIS and a PvP schemes through focusing on four areas such as (a) financing options; (b) implementation feasibility; (c) institutional structure of the proposed implementing and management authority; and (d) mode of operationalization. Within NSIS, the design of schemes across select verticals, such as workplace related unemployment, injury, sickness and maternity, have been taken into consideration. Similarly, a design framework for PvP has been considered.

The detailed scope of the engagement is as follows:

  • Review and analyse NSSS provisions and its objectives related to social insurance schemes
  • Conduct a comparative analysis to assess international good practices in terms of implementing national social insurance schemes that can be contextualized to Bangladesh
  • Develop implementable scenarios (including indicative financial implications, and pros and cons) to implement NSIS and PvP
  • Design a framework to implement NSIS and PvP
Study on Framework for Introduction of National Social Insurance Scheme in Bangladesh - Draft Report

Click on the image to download document

  • ← Perception Study – Situation Analysis of Person with Disabilities in Bangladesh and role of Social Protection
  • করোনায় সেবা: আক্রান্ত হলে ৫-১০, মারা গেলে ২৫-৫০ লাখ টাকা →

Subscribe to our mailing list


Follow us