Banco de Previsión Social

[2] Uruguay was one of the first countries in Latin America to have a social security system.

Finally, the 1967 Constitution institutionalized the Banco de Previsión Social, which unified the most numerous savings banks in number of affiliates: Civil, Industry and Commerce, and Rural.

[3] During the civil-military dictatorship, the body was replaced by the General Directorate of Social Security through Institutional Act No.

It collects and handle tributes such as the employee and business contributions to the social security system and the National Health Fund (FONASA).

It also has the attribution of being consulted regarding any project or initiative relating to social security.