SOCIAL SECURITY PROGRAMS:

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It is the set of institutions and programs that seek to ensure the quality of life of the population.

The system includes the obligations of the state and society, institutions and resources to ensure coverage of the benefits of economic, health and supplementary services.

The social security program comprised three types of coverage: health, insurance provided for medical and hospital coverage; the pension system made disability, old age, and death payments; and the family allowance program granted income maintenance for families earning substandard salaries.

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In Colombia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Colombia because they help to pay for many social programs including welfare, health care and many other benefits.