Finances of the Workers´ Insurance Fund, 1925-1952

The purpose of this article is to analyze the financial evolution of the Caja de Seguro Obrero Obligatorio (CSO) [Workers’ Insurance Fund] throughout 1925 and 1952. The main findings are that: 1) the Workers’ Insurance Fund never had a deficit year, despite experiencing significant financial difficu...

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Bibliographic Details
Main Author: Ahumada Benítez, Daniel
Format: Online
Language:Spanish
Published: Universidad Academia de Humanismo Cristiano 2023
Online Access:https://revistas.academia.cl/index.php/tiempohistorico/article/view/2445
Description
Summary:The purpose of this article is to analyze the financial evolution of the Caja de Seguro Obrero Obligatorio (CSO) [Workers’ Insurance Fund] throughout 1925 and 1952. The main findings are that: 1) the Workers’ Insurance Fund never had a deficit year, despite experiencing significant financial difficulties; 2) spending on health benefits was always much higher than spending on other benefits such as pensions; and 3) employer contributions were always the first source of income. This work also contributes to the construction of the first series with the finances of the main social welfare institution between 1925 and 1980.