Albany, NY -- (SBWire) -- 09/17/2014 --Synopsis
The report provides in-depth industry analysis, information and insights of the employee benefits in Poland, including:
Overview of the state and compulsory benefits in Poland
Detailed information about the private benefits in Poland
Insights on various central institutions responsible for the administration of the different branches of social security
The regulatory framework and recent regulations relating to Polish employee benefits
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Executive summary
Poland has a well developed social security system that covers the risks of employees, self-employed persons and their family members. Zak?ad Ubezpiecze? Spo?ecznych (Social Insurance Institution – ZUS) is the Polish state organization responsible for social insurance benefits. ZUS is supervised by the Ministry of Labor and Social Policy and is responsible for sickness and maternity cash benefits, as well as pensions for retirement, invalidity, survivors, accidents at work and occupational diseases. In 2012, ZUS paid PLN156,209 million (US$50,032.9 million) as pension benefits to 7.3 million persons. ZUS is also responsible for the collection of social insurance and health insurance contributions and contributions to the Labor Fund and the Fund of Guaranteed Employee Benefits. The pension system in Poland was reformed in 1999, which replaced a pay-as-you-go (PAYG) basis method with a three pillars system – Pension Institutions, Open Pension Funds and Voluntary Occupational Pensions. Polish private firms offer voluntary supplementary pension programs for employees.
Scope
This report provides a detailed analysis of employee benefits in Poland:
It offers a detailed analysis of the key government-sponsored employee benefits, along with private benefits
It covers an exhaustive list of employee benefits, including retirement benefits , death in service benefits, long-term disability benefits, short-term sickness benefits, medical benefits, workmen’s compensation, maternity and paternity benefits, family benefits, minimum resources, unemployment benefits and private benefits
It highlights the economic and regulatory situations relating to employee benefits in Poland
Reasons to buy
Make strategic decisions using in-depth information related to Polish employee benefits
Assess the Polish employee benefits market, including state and compulsory benefits and private benefits
Gain insights into the key employee benefit schemes offered by private employers in Poland
Gain insights into key regulations governing Polish employee benefits, and their impact on companies
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Key highlights
The Polish social security system covers a large proportion of the population, and plays a significant role in the country’s employee benefits market
Zak?ad Ubezpiecze? Spo?ecznych (Social Insurance Institution – ZUS) is the Polish state organization responsible for social insurance benefits
Voluntary Occupational Pensions come under the third pillar of the Polish pension system and cover less than 4% of employees
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