![](\"http:\/\/ch.jfdi.cc\/wp-content\/uploads\/2024\/03\/call-for-labour-compensation-fund.jpg\")
The House labour committee on Tuesday discussed the need for the government to set up a labour compensation fund.<\/p>\nThe House labour committee on Tuesday discussed the need for the government to set up a labour compensation fund.<\/p>\n
\u201cWe have sent a request to the labour minister, to determine his ministry\u2019s intentions for the creation of a workers\u2019 compensation insurance fund<\/strong>, and at the same time to contribute to the creation of a legislative framework surrounding such a fund,\u201d Edek deputy Elias Myrianthous said after the session.He told reporters that the committee is waiting for the government\u2019s answers, and in the meantime will see \u201chow we can help promote the specific insurance fund\u201d.Myrianthous went on to explain that a relevant bill had passed in 1989 which provided for the creation of this particular fund, which would be similar to the fund of motor vehicle insurers, which compensates uninsured drivers in case they commit any accidents.He added that the same is happening today to employers without employer\u2019s liability insurance, or those who had it but their insurance companies went bankrupt. The result is that in case of work accidents, these people are not compensated resulting in huge social problems<\/strong>.Myrianthous cited as an example a case where an employee becomes disabled due to a work accident and goes to court, where a decision is ruled in their favour.\u201cThey receive compensation, and unfortunately \u2013 either because of their employer\u2019s financial difficulties or because the insurance company has gone bankrupt \u2013 in the end, this person with health issues is never actually compensated, and their whole family falls victim to this situation\u201d.Follow the The House labour committee discussed the need for establishing a labour compensation fund. A request was sent to the labour minister to explore the creation of a workers’ compensation insurance fund and to contribute to creating a legislative framework for it. A bill passed in 1989 provided for the creation of such a fund, which would compensate workers in case of work accidents, similar to the fund for motor vehicle insurers that compensates uninsured drivers. The need arises because employees without employer’s liability insurance or those whose insurers went bankrupt are not compensated in case of work accidents, leading to significant social problems.<\/p>\n","protected":false},"author":3,"featured_media":3914,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[155,33,932,3,967,250,415,210,839,1572,30,1574,1573],"class_list":["post-3913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cyprus","tag-accident","tag-companies","tag-court","tag-cyprus","tag-disabled","tag-google","tag-government","tag-health","tag-labour","tag-labour-compensation-fund","tag-labour-minister","tag-work-accidents","tag-workers-compensation-insurance"],"acf":{"keyphrase":"","keywords":"","sourceimg":"","country-category":""},"yoast_head":"\n
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