Colombia's Family Subsidy System
The Family Subsidy System is the set of political and regulatory institutions aimed at the comprehensive protection of both the workers and their families, which exists in Colombia since 1954. The objective of the Family Subsidy System is to alleviate the economic burden on a worker from supporting a family. The Family Subsidy System includes different stakeholders: workers, employers, the Family Compensation Funds, the Superintendency of Family Subsidy, and the Ministry of Labour.