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Kodiak Social Security Act, 644: Difference between revisions

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Kodiak Social Security Act, 644 (view source)

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1.1 - Creates the State Pension Program
 
1.1.1 - Amends the "The Retirement Act" to establish the Age of Retirement from 72 years to 65 years.
* 1.1.1 - All Kodiak Citizens over the age of 65 will be eligible for Social Security payments of a maximum of a maximum of ₣1,500 monthly to be determined by the last five years of income tax returns while the citizen was employed.▼
 
▲* 1.1.12 - All Kodiak Citizens over the age of 65 will be eligible for Social Security payments of a maximum of a maximum of ₣1,500 monthly to be determined by the average of the last five years of income tax returnspaid while the citizen was employed.
1.2 - Creates the Department of Pensions under the Ministry of Social Services  
 
* 1.2.1 -  TheCreates the Department of Pensions shall administerunder the State’sMinistry paymentsof Social Services to administer the retireespension program.
 
1.3 - Allocates ₣2,500M quaterly to the Department of Pensions within the Ministry of Social Security
 
=== Article 2 - Unemployment Payments ===
2.1 - Unemployed Kodiakers are eligible for unemployment payments of up to ₣400 biweekly for 18 months
 
* 2.1.1 - The Ministry of Social Services will be required to create an unemployment payment database
 
* 2.1.2 - Kodiakers will be able to sign up for the program via the database, and be able to see eligibility/payment status
 
* 2.1.3 - Unemployed Kiodakers that are claimed as a dependant do not qualify
 
2.2 - Grants the Ministry of Social Services an annual budget of ₣500M quarterly for unemployment subsidies
 
2.3 - Creates the Department of Unemployment Benefits within the Ministry of Social Services to oversea the payment of benefits.
 
* 2.3.1 - Overseas the application and payout process for all benefits related to the state unemployment subsidies.
 
=== Article 3 - Compulsory Work-for-Welfare ===
3.1 - Enacts Work for Welfare requirementsLaw
 
* 3.1.1 - Citizens must provide proof of attempts to gain employment to continue receiving welfare subsidies.
 
* 3.1.2 - Proof will be verified each pay period through the Ministry of Social Services’ Fraud Investigation Department.
 
3.2 - Creates the department of Welfare Fraud under the Ministry of Social Services to investigate all fraudulent acts related to State Welfare Subsidies.
 
* 3.2.13 - Grants a budget of 50M quarterly to the Department of Fraud Investigation within the Ministry of Social Services
 
Author: Aaron Tonnesen, MGA, NUP
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