Employee Benefits in Estonia 2020 Summary Estonia has a well-developed social security system that covers the risks of employees, self-employed persons and their family members.The Estonian social protection system includes pension, health, and unemployment insurance. Pension and health insurance...
Employee Benefits in Dominican Republic 2020 Summary The Dominican Republic has a comprehensive social security system.There are three schemes under which social security benefits are granted to the country’s residents and citizens: a contributory scheme that covers employees; a contributory subsidized...
Employee Benefits in Israel 2020 Summary The Kingdom of Israel has an extensive social security system, which aims to provide every citizen with a decent standard of living in line with Islamic principles.Its small population and high gross domestic product (GDP) allow the Kingdom to provide employed...
Employee Benefits in Chile 2020 Summary Chile was one of the first countries in the Americas to set up state-sponsored social security coverage.The country’s pension system consists of multiple pillars - a non-contributory first pillar, a fully-funded second pillar, and a voluntary third pillar. In...
Employee Benefits in Germany 2020 Summary Germany has a well-developed social security system.Both companies and employees equally contribute to social security schemes. Employees have to primarily contribute to nine statutory social security organizations: the statutory health insurance fund,...
Employee Benefits in Croatia, 2020 Update Summary The social security system plays an important role in providing employee benefits to the people of Croatia.The benefits are provided in terms of retirement, death, disability, work injuries and occupational diseases, maternity and paternity, sickness,...
Employee Benefits in Hungary, 2020 Update Summary The Hungarian social security system is based on the fundamental principle of solidarity, and both employers and employees contribute.Self-employed persons also make full contributions and are entitled to receive benefits under the system. In...
Employee Benefits in the United Arab Emirates 2020 Summary The United Arab Emirates (UAE) has undergone a huge transformation following the discovery of oil in the 1950s, going from a poor region to a contemporary state with a high standard of living.The country, however, only provides social security...
Employee Benefits in Colombia 2020 Summary Colombia has a basic social security system with low coverage and participation.The country’s social insurance system was initially introduced for public sector employee groups only. Private sector employees secured coverage in 1946.Pension benefits...
Employee Benefits in the Netherlands 2020 Summary The Dutch social security system is one of the most comprehensive in Europe and is based on social insurances and supplementary income support schemes.It can be classified into three types: national insurance schemes, which consist of old-age pension...