
International Social Security Association
Why is it in news?
- The Employees’ State Insurance Corporation (ESIC) was awarded the ‘ISSA Good Practice Award’ for administrative solution for coverage extension at the ‘Regional Social Security Forum for Asia and the Pacific’ held recently at Kuala Lumpur, Malaysia.
- The award recognizes the measures taken by ESIC for extension of coverage of the Scheme for Promoting Registration of Employers and Employees (SPREE), reducing the rate of contribution rates for 24 months in newly implemented areas and raising the wage limit for coverage under the ESI Act.
International Social Security Association
- The ISSA is the principal international organization for Social Security Organizations, Govts. and Departments of Social Security.
- It promotes excellence in social security administration through professional guidelines, expert knowledge, services and support to enable its Members to develop dynamic social security systems.
- The ISSA was founded in 1927 under the auspices of the International Labour Organization (ILO), Geneva.
- The ESI Corporation hosts ISSA Liaison Office for South Asia at New Delhi.
- The Liasion Office coordinates with the Member countries and Social Security Institutions in Bhutan, Nepal, Bangladesh, Sri Lanka and Iran on activities of ISSA related to social security.
- The regional social security forum for Asia and the Pacific is a triennial Forum, which is the most important social security event in the region.
- The International Social Security Association (ISSA) invites submissions for the ISSA Good Practices award for Asia and the Pacific regions, on the occasion of the triennial regional forum.
Source
The Hindu, ISSA website