In 1905 France adopted a program which aimed at providing voluntary unemployment insurance. This program was followed by the plan to provide compulsory insurance for the old age and the sick in 1928.
The diverse programs of social security were also adopted in the entire Europe but had differing natures depending on the types of instituted insurances, the categories of eligible workers, the proportion an employee pays, the employer, the government, the conditions for benefit receipt, the benefit amount and the total effects of the programs (Adler, et al, 1991). The Soviet Union on the other hand adopted in 1922 a comprehensive social security plans as part of their economy of socialism. In the entire Latin America countries, Chile became the very first one to adopt a program of social security in 1924.
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