Logo of Phnom Penh Post newspaper Phnom Penh Post - PM announces plan for social security system

PM announces plan for social security system

Prime Minister Hun Sen speaks at the inauguration of the National Social Protection Policy Framework yesterday in Phnom Penh. Photo supplied
Prime Minister Hun Sen speaks at the inauguration of the National Social Protection Policy Framework yesterday in Phnom Penh. Photo supplied

PM announces plan for social security system

Prime Minister Hun Sen yesterday announced that the government has plans to have a functioning social security system operational in the country by 2025, including universal health care, unemployment insurance and old-aged pensions.

Speaking at his Peace Palace office building in Phnom Penh, the premier said the government’s National Social Protection Policy Framework 2016-2025 would attempt to expand upon the country’s existing – but limited – social security programmes.

In his speech, Hun Sen said pregnant women and the disabled would be the first to benefit from the new policy.

“I think we should prioritise this point. For example, how much a pregnant woman should receive per month and for how long we are going to assist her during and after her pregnancy,” he said. “We need to think about them during their pregnancy.”

Pregnant women should be covered by next year, he said.

According to a document on the new policy, the new uniform national social security system would create a system covering five areas – pensions, health insurance, employment injury insurance, unemployment insurance and disability insurance.

It said that Cambodians would be encouraged to save parts of their incomes into pension schemes while they are of working age but that the government would also consider making contributions into the scheme on behalf of the poor.

The Council of Ministers approved the policy in March and a “Safety Net Council” was created to oversee its implementation. May Vann, director of the Finance Ministry’s Department of Industry and Finance, said most of the specifics of the policy still need to be figured out but would be operational by 2025.

MOST VIEWED

  • Ethnic group ‘disappointed’ to be denied French visas to attend court

    Eleven people at the centre of a case involving seven indigenous Bunong villages in Mondulkiri province pursuing legal action in France have expressed disappointment after the French embassy in Phnom Penh denied their visa applications to attend court. A press release said the 11 included a

  • Cambodia nabs 12th place in best retirement destinations

    Cambodia is an expatriate hotspot for those dreaming of living a more luxurious lifestyle at an affordable cost, according to International Living’s Annual Global Retirement Index 2019. For the fourth year in a row, Cambodia took the top spot in the Cost of Living category.

  • EU starts EBA withdrawal

    The EU on Monday announced that it has begun the 18-month process of withdrawing the Kingdom’s access to its preferential Everything But Arms (EBA) agreement over “a deterioration of democracy [and] respect for human rights”. However, the Garment Manufacturers Association of Cambodia (GMAC) said

  • PM: War result of foreign meddling

    Prime Minister Hun Sen said on Sunday that Cambodia’s recent history of conflict was caused by foreign interference. “The wars that happened were caused by provocation, incitement, support, smearing and interference from foreign powers, and the group of ignorant people who pushed Cambodia to