Cuban Social Security & Retirement System


Via NY Transfer News Collective * All the News that Doesn't Fit

[Note: this item is completely unsourced. We hope it is accurate,
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Cuban News from Havana/ Cuban Interests Section
Nov 7  1997,  No. 124
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WHEN CAN WORKERS RETIRE?

The Social Security System that rules in the country protects State
salaried workers, workers at cooperative and private sectors, the ones who
work at the political, social and mass organizations, and the ones working
at associations, as well as their families.  Workers being sixty years old
or more, if they are men, and fifty five years old or more, if they are
women, have the right to an ordinary pension if they have worked for no
less than twenty-five years. 

There is a special category that is established if the occupational
conditions determines a physical energy attrition, a mental attrition, or
both, in a way that it causes wear in the worker's body which is not
according to its age. In such a case, workers being fifty five, if they
are men, or fifty, if they are women, may receive a pension if they have
worked for twenty five years.  There are also extraordinary pensions that
are granted to men being sixty five or more and to women being sixty or
more, if they have worked for no less than fifteen years. 

It is frequent to find all over the country workers who have arrived to
the retirement age and who are still working, since they feel themselves
able and they love their work a lot. In this case, as an acknowledgment to
their attitude offering their contribution and experience to the society,
when they retire they receive a special increase according to the number
of years they kept on working later than the year in which they met the
retirement age and services requirements. 

Cuba annually allots, even during these years of economic crisis, some one
thousand five hundred and forty million pesos for social security,
representing some 4, 1 million pesos per day, and this figure does not
include neither the expenses in short term, the maternity and disease
lendings, nor what it is devoted to Welfare which protects thousands of
persons. 

Before the Revolutionary victory, there were very few worker's sectors in
which the retirements pensions were obtained, and in some cases, if
obtained, they were derisive. There were retirements which paid $1.50 or
$2.00 pesos per month. In 1958 payments for social security were $105
millions pesos.  Currently a rising trend is taking place in the Cuban
populations aging and the social security beneficiaries amount to
1,351,000 persons. 

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CUBAN INTEREST SECTION 2630 16th. St., NW, Washington, D.C. 20009
Phones: (202) 797-8518/19/20 Fax: (202)797-8521
E-mail:cubaseccion@igc.apc.org   
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