Employee Benefits in Belgium 2018
Summary
The Belgian social security system covers a large proportion of the country’s population, and plays a significant role in its employee benefits landscape. However, the recent debt crisis in European Union (EU) member states had an adverse impact on the employee benefits market. The Belgian government has had to tackle economic imbalances and rising unemployment over the past few years, and the private benefits market was affected by the sovereign debt
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- List of Tables
- Table 1: Insurance Industry Definitions
- Table 2:Belgium- Country Statistics
- Table 3: Employee Notice Period
- Table 4: Early Retirement
- Table 5: Maternity Benefits
- Table 6: Basic Allowance
- Table 7: Monthly Age Supplements
- Table 8: Social Supplements
- Table 9: Civil Servants’ Age Criteria for Annual Vacation
- Table 10: Young Unemployed Benefits
- Table 11: Employee Contributions
- Table 12: Disability Benefits
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- Table of Contents
- 1 EXECUTIVE SUMMARY
- 2. INTRODUCTION
- 2.1. What is this Report About?
- 2.2. Definitions
- 3. COUNTRY STATISTICS
- 4. OVERVIEW OF EMPLOYEE BENEFITS IN BELGIUM
- 5. REGULATIONS
- 6. STATE AND COMPULSORY BENEFITS
- 6.1. Retirement Benefits
- 6.1.1. Introduction
- 6.1.2. Eligibility
- 6.1.3. Age
- 6.1.4. Pensionable Salary
- 6.1.5. Benefits
- 6.1.6. Payment Options
- 6.1.7. Typical Employer Practice
- 6.1.8. Employee and employer contributions
- 6.1.9. Taxation
- 6.2. Death in Service
- 6.2.1. Introduction
- 6.2.2. El
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