Central Compensation Office
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Central Compensation Office
The Central Compensation Office (CCO) is the federal office responsible for implementing body for first-pillar social security, which covers old-age and survivors' insurance (OASI), disability insurance (DI) and compensation for loss of earnings (APG). It is based in Geneva, with approximately 850 employees. It is supervised by the Federal Finance Administration, which is subordinated to the Federal Department of Finance The Federal Department of Finance (FDF, , , , ) is one of the seven Ministry (government department), departments of the Swiss federal government. The department is headquartered in Bern and headed by a member of the Federal Council (Switzerlan .... Notes References External links * Federal offices of Switzerland {{gov-stub ...
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Federal Administration Of Switzerland
The federal administration of Switzerland is the ensemble of agencies that constitute, together with the Swiss Federal Council, the executive branch of the Switzerland, Swiss federal authorities. The administration is charged with executing federal law and preparing draft laws and policy for the Federal Council and the Federal Assembly of Switzerland, Federal Assembly. The administration consists of seven federal departments and the Federal Chancellery of Switzerland, Federal Chancellery. The departments are roughly equivalent to the ministry (government department), ministries of other states, but their scope is generally broader. Each department consists of several federal offices, which are headed by a director-general, director, and of other agencies. The much smaller Federal Chancellery, headed by the Federal Chancellor of Switzerland, Federal Chancellor, operates as an eighth department in most respects. Federal Council The administration in its entirety is directed by ...
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Geneva
Geneva ( , ; ) ; ; . is the List of cities in Switzerland, second-most populous city in Switzerland and the most populous in French-speaking Romandy. Situated in the southwest of the country, where the Rhône exits Lake Geneva, it is the capital of the Canton of Geneva, Republic and Canton of Geneva, and a centre for international diplomacy. Geneva hosts the highest number of International organization, international organizations in the world, and has been referred to as the world's most compact metropolis and the "Peace Capital". Geneva is a global city, an international financial centre, and a worldwide centre for diplomacy hosting the highest number of international organizations in the world, including the headquarters of many agencies of the United Nations and the International Committee of the Red Cross, ICRC and International Federation of Red Cross and Red Crescent Societies, IFRC of the International Red Cross and Red Crescent Movement, Red Cross. In the aftermath ...
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Federal Finance Administration
The Federal Finance Administration (FFA) is the Swiss federal office responsible for drawing up the Confederation's budget, financial plan and accounts, managing its treasury, and for the Equalization Payments in Switzerland, financial equalization between the Confederation and the cantons. It is subordinated to the Swiss Federal Department of Finance. The FFA also supervises Swissmint (the official Mint (coin), mint of the Confederation) and the Central Compensation Office (CCO) in Geneva (responsible for implementing the Swiss social security). Notes References External links

* Federal offices of Switzerland {{gov-stub ...
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Old-age And Survivors' Insurance
Old-age and survivors insurance (OASI, ) constitutes one of the main social security schemes in Switzerland. The federal law on OASI was passed on December 20, 1946, and approved by popular vote on July 6, 1947, by almost 80% of the votes. It was subsequently harmonized and coordinated with the federal law on disability insurance adopted in 1959. A series of ordinances, the most important being the regulation on old-age and survivors insurance, specifies this. From the January 1, 1948, date of its entry into force, this legislation underwent numerous modifications. Until 1974, the evolution of the OASI was a fairly accurate reflection of the post-war economic boom. Between 1975 and 2008, the OASI was subject to ten actual revisions and three minor legislative revisions. An 11th revision is under discussion in 2009. This is a pay-as-you-go pension system, the law on occupational pensions (2nd pillar) being a funded pension system. The OASI also allows for a (partial) redistrib ...
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Disability Insurance
Disability Insurance, often called DI or disability income insurance, or income protection, is a form of insurance that insures the beneficiary's earned income against the risk that a disability creates a barrier for completion of core work functions. For example, the worker may be unable to maintain composure in the case of psychological disorders or sustain an injury, illness or condition that causes physical impairment or incapacity to work. DI encompasses paid sick leave, short-term disability benefits (STD), and long-term disability benefits (LTD). The same concept is instantiated in some countries as income protection insurance. History In the late 19th century, modern disability insurance began to become available. It was originally known as "accident insurance". The first company to offer accident insurance was the Railway Passengers Assurance Company, formed in 1848 in England to insure against the rising number of fatalities on the nascent railway system. It was regi ...
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Compensation For Loss Of Earnings
Compensation may refer to: *Financial compensation *Compensation (chess), various advantages a player has in exchange for a disadvantage * ''Compensation'' (essay), by Ralph Waldo Emerson * ''Compensation'' (film), a 1999 film *Compensation (psychology) In psychology, compensation is a strategy whereby one covers up, consciousness, consciously or unconsciously, weaknesses, frustrations, desires, or feelings of inadequacy or incompetence in one life area through the gratification or (drive towards) ... * Biological compensation, the characteristic pattern of bending of the plant or mushroom stem after turning from the normal vertical position * Tuning compensation in brass instruments *''Compensation'', a specific form of camouflaging in autistic people See also *"Compensating", a song by Aminé from his 2020 album ''Limbo'' {{disambig ...
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Federal Department Of Finance
The Federal Department of Finance (FDF, , , , ) is one of the seven Ministry (government department), departments of the Swiss federal government. The department is headquartered in Bern and headed by a member of the Federal Council (Switzerland), Swiss Federal Council, Switzerland's finance minister. Initially, in 1848, the department was called "Department of Finance", then, from 1873 "Department of Finance and Customs", until it received its present designation in 1978. Organisation The Department is composed of the following offices: * General Secretariat * State Secretariat for International Financial Matters (SIF) * Federal Finance Administration (FFA): Responsible for the budget, financial planning, financial policy, the federal treasury and Equalization Payments in Switzerland, financial equalisation between the Confederation and the cantons. It also supervises the Swissmint, federal mint and the Central Compensation Office (CCO) in Geneva (responsible for implementin ...
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