Market Research Report
Employee Benefits in Portugal 2018
|Published by||GlobalData||Product code||311845|
|Published||Content info||67 Pages
Delivery time: 1-2 business days
|Employee Benefits in Portugal 2018|
|Published: June 25, 2018||Content info: 67 Pages||
The Portuguese social security system is based on universality; it ensures that the social protection provided by the system is available for everyone. It consists of the Public Social Security System, the Social Action System and the Supplementary System. The Public Social Security System has three subsystems called Welfare, Solidarity and Family Support System. Welfare system is a contributory scheme that protects the employed and the self-employed against the risk of losing a regular income due to sickness, maternity, unemployment, disability, death, retirement and occupational diseases. The solidarity system is a non-contributory system that guarantees the citizenship rights and aims to eliminate poverty. It is primarily meant for agricultural workers who are not covered under the welfare system. In the event of disability and dependency, the provision of financial support to meet family expenditures is made by Family Support System. Social Action System is aimed at protecting the interests of special categories of people such as children, disabled youngsters and the elderly. Supplementary System is optional and it consists of supplementary group initiative schemes, individual initiative schemes and the public capitalization scheme, including pension funds financed by the employers, life assurance and savings plans.
The report provides in-depth industry analysis, information and insights of the employee benefits in Portugal, including: overview of the state and compulsory benefits in Portugal, detailed information about the private benefits in Portugal, insights on various central institutions responsible for the administration of the different branches of social security and the regulatory framework of the employee benefits in Portugal.