Samfélagslegar

Samfélagslegar, also known as COMM, is a social insurance scheme in Iceland. It is a public social insurance system that provides financial support to citizens in need, regardless of their employment status. The scheme is funded through a combination of state and private sector contributions.

The history of Samfélagslegar dates back to 1935, when the National Insurance Act was enacted. This act established a system of social insurance that would provide financial protection to citizens in cases of unemployment, sickness, or disability. Over the years, the scheme has undergone several changes and expansions, with the aim of providing comprehensive coverage to all citizens.

Samfélagslegar provides a range of benefits, including financial assistance for unemployment, sickness, and disability. It also offers support for families with children and low-income earners. The scheme is administered by the National Social Security Administration and is financed through a combination of state and private contributions.

In Iceland, Samfélagslegar plays a crucial role in promoting social welfare and reducing poverty. The scheme has contributed to the country's high standard of living, with low rates of poverty and inequality. Iceland's healthcare and social security systems are considered among the best in the world, and Samfélagslegar is a key component of these systems.

In summary, Samfélagslegar is a comprehensive social insurance system that provides financial protection to citizens in Iceland. Through a combination of state and private contributions, the scheme offers a range of benefits and supports vulnerable members of society, contributing to the country's high standard of living.