Vision for Social Security /EPFO
This is personal opinion and with new information and learning opinion changes. hence the reader is requested to read it with critical view and should not consider them as factful statements. Social Security is complex topic and it is also evolving as the world around us evolves. Social security according to me is a system which gives confidence to a member of society that S/he can and will rise despite facing any unfortunate accident. And confidence comes from consistency, transparency, and clarity. When it is needed? The unfortunate and unforeseen accident can be anything from a pandemic, world war, accident, death, loss of loved one, loss of sole earning member of family, disability or loss of Job. If the system can provide a member of society the essentials to rise against all these odds with full certainty then, in my opinion the purpose of social security is served. What are the essentials? The essentials are the popular "Roti, kapda, makaan" also Dream an