Tunisia: Social security funds status are worrying

Tunisia – Members of the National Administrative Body of the Tunisian General Union expressed deep concern at the seriousness of the situation that the social security funds had become, due to wrong policies, fragile structural reform measures, tax evasion, corruption and mismanagement of these funds. The members of the national administrative body stressed in their final statement that this delicate situation must be addressed within the framework of the Joint Committee of the Social Contract, which has advanced its work on the joint diagnosis of the reality of social protection funds, and still need to reach a solutions to create a balance in funds and ensure continuity of services and maintain the benefits of those involved. It is noteworthy that the Tunisian government has proposed three solutions  to settle the status of social funds, including impose additional burdens on subscribers, Including raising the retirement age to 65 years, raising the rate of contributions and abolishing early retirement, these measures come amidst a decline in growth and the worsening of the parallel economy and the lack of participation of about 2.5 million Tunisians in social funds.