Social Security Act

26 March 2024 1 min read

At a glance

  • The Social Security Board elections were conducted in December 2023 for the first time since 2015.
  • The Social Security Board’s roles and responsibilities include issuing new policies and measures in relation to management of social security funds.
  • It is likely that the contributions to the social security fund, a portion of which hasn’t been revised in some time, will undergo amendments.