The Social Security Index
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The Social Security Index
The social security system is designed to take care of the disabled and the old. It provides income at a certain level to anybody who cannot provide for himself, and it pays the base pensions for retired people.
The payments depend on the income levels in the country and it is computed as a percentage of the average salary of low-level workers multiplied by the social security index. The president of the country may decide what percentage to pay and may change this percentage as the economic situation of the country is changing.
The social security system pays a monthly amount to three groups of people: unemployed, disabled and retired people. Unemployed workers receive it as long as they are unemployed. Retired people receive it from the age of 65. Disabled people who are unable to work due to a handicap or sickness receive the same monthly payments.
Additional pension payments for retired workers depend on the investment/pension fund they pay into during their working years. The level can be viewed on the finance pages.
The level of social security payments is related to the average salaries of the low level workers. At 40% of the low-level workers salary, social security payments are in fact too low but many countries cannot afford more.
Social security payments can be changed by 2% each game month. You can also set a target for the social security payments and the changes will be gradual, 2% per game month and will continue until the target is reached. A level of about 80% is considered to be excellent.
In case the financial index is low and the social security level is set higher, civil unrest may take place in the country. Read more about civil unrest.
The social security index is a factor in the country welfare index.
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