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ipsasb.org
IPSAS 42, Social Benefits
IPSAS 42, Social Benefits, provides guidance on accounting for social benefits expenditure. It defines social benefits as cash transfers paid to specific individuals and/or households to mitigate the effect of social risk. Specific examples include state retirement benefits, disability benefits, income support and unemployment benefits. The new ...
Jan 31, 2019
Social Security System Benefits
1:23
6.7K views · 746 reactions | China has the world's largest social security system covering elderly care, medical care and minimum social security benefits. The basic endowment insurance covers over 900 million people and medical insurance over 1.3 billion people, achieving blanket medical insurance. The life expectancy had also risen to 77 in 2018. #WhyChina | CGTN | Facebook
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