The National Social Security Fund was founded in 1963 under the (then joint) Ministry of Labor and Social Affairs via the Lebanese Social Security Law, with the aim of creating universal insurance. It is primarily funded by the contributions of private companies on behalf of their employees, but under the social security law, the government should also subsidize health care costs.
The fund is split into three main branches: the sickness and maternity fund, the end-of-service indemnity fund and the family allowances fund. In recent years the government is facing challenges in paying dues to the Fund.
To know more, read the full news article originally published in L’Orient Today here.
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