250. The main fund financing social security expenditures, the Social Insurance Fund, was planned to cover expenses from collected contributions.

57. The self insurance fund balance is invested by the United Nations Treasury based upon instructions from the Insurance Section.

Its provisions with regard to coverage of employers is similar to those of the EPF.

Article 96 In order to protect the interests of the insured, and to ensure its own steady and healthy operation, an insurer shall contribute to an insurance guarantee fund in accordance with the regulations of the financial supervision and regulation department.

Article 106 The basic insurance clauses and premium rates for major types of commercial insurance shall be formulated by the financial supervision and regulation department.

243. Social insurance benefits for farmers are paid from the contributory Farmers apos Social Insurance Fund.

In addition, the social security funds make loans for the improvement, construction or purchase of housing.

The main revenues of this fund are State budget subsidies (more than 60 per cent of total revenue) and contributions collected together with a contribution to the Social Insurance Fund which are paid at the rate of 3 per cent of the basis of calculation.

The obligatory health insurance funds are collected by the health insurance offices in cantons and Federation and Republika Srpska health insurance funds.

The payment of contributions is different depending on regions and the health insurance payer.

The revenue of this Fund comes from social insurance contributions and complementary State budget subsidies.

249. Most social security expenditures are financed from the central budget and from special funds of this budget the Social Insurance Fund, the Pension Fund In 1993 the Social Insurance Fund financed the majority of pension benefits and non agricultural allowances and the Pension Fund financed agricultural pension benefits.

In order to carry out rights to pensions and disability insurance, two Entity funds for pension disability insurance were formed.

The funds of the statutory health insurance are mainly raised by contributions paid from the insured persons apos earned income and by the employers.

Act No. 51 of 1995 on payments from the Unemployment Insurance Fund to workers in the fish processing industry

Regulations No. 318 1995 on payments from the Unemployment Insurance Fund to workers in the fish processing industry

The insurance clauses and premium rates for other types of insurance formulated by an insurance company shall be filed with the financial supervision and regulation department .

failing to contribute to the insurance guarantee fund or the accumulated reserve fund as required

Records related to the exercising of all the rights of health care insurance are kept by the Fund for health care insurance.

The artists apos social fund transfers the contributions to the insurance funds (Federal Insurance Institute for Salaried Employees, local sickness fund or substitute fund, long term care insurance fund) which provide the regular benefits for artists and publicists if the contingency arises.

The social insurance contribution object was determined, as well as its maximum amount and the minimum amount for the self employed and persons who had joined pension insurance on voluntary basis.

The application of funds of an insurance company is limited to bank deposits, trading of government and financial bonds and other forms of fund application stipulated by the State Council.

A prudent option may be to cease temporarily the annual allocation to the fund, but to take out an excess policy with a commercial underwriter to protect the Organization against claim settlements exceeding the current fund balance.

The payment of pensions is financed by social insurance contribution payments (the state social insurance special budget).

Article 65 When a contract stipulates death as the prerequisite for the payment of the insurance benefits then the insurer shall have no obligation for the payment of the insurance benefits if the insured commits suicide, except for the event stipulated in paragraph two of this Article.

Membership of an unemployment insurance fund is not required.

The protection will be covered by means of the establishment of a collective fund separated from the existing social security fund.

The management of the insurance guarantee fund will be centralized, and applied on an industry basis.

234. Child care allowances are paid from the Social Insurance Fund.

Finally, the revolt of Cyprus s small savers highlighted the need for a credible system of deposit insurance. The EU directive that stipulates the protection of bank deposits up to 100,000 does not provide a European guarantee it only requires member states to create a deposit insurance system at the national level.

Farmers apos benefits are financed from the farmers apos social insurance contributory fund (the Agricultural Fund).

The payment of disability pensions is financed from the social insurance contribution payments (the state social insurance special budget.

The payment of survivor's pensions is financed from the social insurance contribution payments (the state social insurance special budget).

Funds for pension and disability insurance are provided for by the insured, employers and the State.

The first tier is a pension scheme that is based on social insurance contribution payments and that operates according to the principle of the solidarity of generations.

Tasks in the field of the social insurance of farmers are performed by the Fund for Agricultural Social Insurance (KRUS).

In accordance with the Law On Maternity and Sickness Insurance the maternity benefit is granted in the amount of 100 of the average insurance contribution wage of the beneficiary.

Mothers affiliated to the IKA TEAM (Social Insurance Fund Employee's Supplementary Insurance Fund, the largest Insurance Fund in Greece) who give birth after 1 1 2003 or, if the right is not exercised by mothers, then fathers, can have a fictitious insurance period recognized, in order to fulfill the conditions for a minimum insurance period and be entitled to pension rights.

Under the Law On Maternity and Sickness Insurance a sickness benefit is granted and paid in the amount of 80 of the insured person's monthly average insurance contribution wage.

The average insurance contribution wage of the calendar day for the calculation of benefits shall not exceed 50 of 1 365 of the annual maximum amount of the state social insurance compulsory contribution object that was in force on the date when the insurance event occurred.

The average insurance contribution wage for the calculation of the sickness benefit must not exceed 50 of 1 365 of the annual maximum amount of the state social insurance compulsory contribution object that was in effect on the date when the insurance case occurred.

The average insurance contribution wage of the calendar day for the calculation of benefits shall not exceed 50 of 1 365 of the annual maximum amount of the state social insurance compulsory contribution object that was in effect on the date when the insurance case occurred.

In the event of the occurrence of the insured event referred to in the preceding paragraph, the insurer may, at the time of making indemnity, deduct therefrom a corresponding amount which the insured has received as indemnity from the third party.

182. The pension benefits of workers and their families and other insured groups are financed from the Social Insurance Fund and in the case of farmers from the Agricultural Fund.

The operation of the pension scheme of the first tier is based on insurance principles the pension amount is based on the notional pension capital that has been accrued during the person's working life, i.e., information about contribution payments made for pension insurance that is divided by the projected life expectancy at the respective age upon retirement.