Politics Country January 22, 2025

Approved Reforms to the CSS

The first block of reforms to the Social Security Fund (CSS) in Panama has been approved, addressing the legal nature of the entity and its governance. These reforms aim to improve the effectiveness and transparency in the management of social security in the country.


Approved Reforms to the CSS

The Finance and Budget Commission of the National Assembly approved the first package of reforms to the Social Security Fund (CSS) in Panama. These reforms encompass aspects such as the legal nature of the entity and its governance.

Among the approved articles, those aimed at improving transparency and efficiency in the management of the CSS stand out. Mechanisms are established for greater accountability and internal controls are strengthened to prevent possible cases of corruption.

The deputy responsible for the commission mentioned the importance of these reforms to ensure the financial sustainability of the CSS in the long term. It is expected that with these changes, the institution can provide better service to the insured and improve its image among the citizenry.

In the words of the deputy: "These reforms are fundamental to modernize the CSS and ensure that it fulfills its objective of protecting workers and guaranteeing them a dignified pension." The approval of this first block of reforms is only the beginning of a broader process to strengthen the social security system in Panama.