Employee Benefits in Costa Rica

Transcription

1 Brochure More information from Employee Benefits in Costa Rica Description: The Costa Rican social security system provides universal cover for healthcare and old-age needs of people living in Costa Rica. While all employees are required to contribute, the social security system also takes care of those unable to do so. The means-tested system ensures that people living in poverty have access to basic necessities. The Caja Costarricense de Seguro Social (Costa Rican Department of Social Security, CCSS) is the main regulator of the Costa Rican social security system. Summary: The report provides in-depth industry analysis, information and insights into employee benefits in Costa Rica, including: - An overview of state and compulsory benefits in Costa Rica - Detailed information about private benefits in Costa Rica - Insights into various central institutions responsible for the administration of the different branches of social security - The regulatory framework of employee benefits in Costa Rica Scope: This report provides a detailed analysis of employee benefits in Costa Rica: - 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, minimum resources, annual vacations, unemployment and private benefits - It highlights the economic and regulatory situations relating to employee benefits in Costa Rica Reasons To Buy: - Make strategic decisions using in-depth information related to employee benefits in Costa Rica - Assess Costa Rica s employee benefits market, including state and compulsory benefits and private benefits - Gain insights into the key employee benefit schemes offered by private employers in Costa Rica - Gain insights into key organizations governing Costa Rica s employee benefits, and their impact on companies Key Highlights: - The Costa Rican social security system is one of the most developed and comprehensive in the region. Employers and employees operating in Costa Rica are required to participate in the mandatory social security schemes. - Costa Rica also has a universal healthcare system, which covers the medical needs of both the insured and underprivileged sections of society which are in need of immediate medical care. Employers and employees are required to contribute to this insurance.

2 - Employers are also required to contribute to several schemes that benefit employees, limiting the scope of private benefits provided by employers. One employee benefit offered by private Costa Rican employers is private medical insurance, which offers wider cover and more options than the public system. 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 Costa Rica 5 Regulations 6 State and Compulsory Benefits 6.1 Retirement Benefits Introduction Types of retirement plan Eligibility Age Benefits Payment options Typical employer practice Employee and employer contributions Taxation 6.2 Death in Service Introduction Eligibility Benefits Payment options Employee and employer contributions Taxation 6.3 Long-Term Disability Benefits Introduction Eligibility Benefits Payment options Employee and employer contributions Taxation 6.4 Short-Term Sickness Benefits Introduction Eligibility Benefits Payment options Typical employer practice Employee and employer contributions 6.5 Medical Benefits Introduction Eligibility Benefits Payment options Typical employer practice Employee and employer contributions 6.6 Workmen s Compensation Introduction Eligibility Benefits Payment options Employee and employer contributions 6.7 Maternity and Paternity Benefits Introduction Eligibility Benefits Payment options Employee and employer contributions

3 6.8 Minimum Resources General System Guarantee of income for elder persons Allowances for disabled persons Other Benefits 6.9 Annual Vacations 6.1 Unemployment Introduction Eligibility Benefits Payment options Employee and employer contributions 7 Private Benefits 7.1 Retirement Benefits 7.2 Medical and Health Benefits 7.3 Life Insurance Benefits 7.4 Fringe Benefits 8 Macroeconomic Indicators 8.1 Economic Performance GDP at constant prices (US$) GDP per capita at constant prices (US$) GDP at current prices (US$) GDP per capita at current prices (US$) GDP by key sectors Inflation rate Annual average exchange rate US$-CRC Unemployment rate Household Consumption Expenditure Gross National Disposable Income 8.2 Demographics Total Population Labor force Urban and rural populations 9 Appendix 9.1 Methodology 9.2 Contact 9.3 About 9.4 Services 9.5 Disclaimer List of Tables Table 1: Definitions Table 2: Costa Rica - Country Statistics Table 3: Costa Rican Contribution rates for IVM Table 4: Costa Rican Retirement Pension - Eligibility for Early Retirement Table 5: Costa Rican Retirement Benefits - IVM Pension Calculation Table 6: Costa Rican Survivor Pension Calculation Table 7: Costa Rican Long-Term Disability Pension - Number of Contributions Required to Qualify Table 8: Costa Rican Long-Term Disability Pension Calculation Table 9: Costa Rican Short-Term Sickness Benefits - Financial Allowance for Self-employed Table 10: Costa Rican Maternity Benefits - Allowances for the Self-Employed Table 11: Costa Rican Unemployment Benefits - Severance Pay Calculation List of Figures Figure 1: Major Institutions of the Costa Rican Social Security System Figure 2: Costa Rican GDP at Constant Prices (US$ Billion), Figure 3: Costa Rican GDP Per Capita at Constant Prices (US$), Figure 4: Costa Rican GDP at Current Prices (US$ Billion) Figure 5: Costa Rican GDP Per Capita at Current Prices (US$), Figure 6: Costa Rican GDP by Key Segments (%), Figure 7: Costa Rican Inflation Rate (%), Figure 8: Cost Rican Annual Average Exchange Rate US$-CRC, Figure 9: Costa Rican Unemployment Rate (%),

4 Figure 10: Costa Rican Household Consumption Expenditure (US$ Billion), Figure 11: Costa Rican Gross National Disposable Income (US$ Billion), Figure 12: Costa Rican Total Population (Million), Figure 13: Costa Rican Size of Labor Force (Million), Figure 14: Costa Rican Urban and Rural Populations (%), Ordering: Order Online - Order by Fax - using the form below Order by Post - print the order form below and send to Research and Markets, Guinness Centre, Taylors Lane, Dublin 8, Ireland.

5 Page 1 of 2 Fax Order Form To place an order via fax simply print this form, fill in the information below and fax the completed form to (from USA) or (from Rest of World). If you have any questions please visit Order Information Please verify that the product information is correct and select the format(s) you require. Product Name: Web Address: Office Code: Employee Benefits in Costa Rica SC Product Formats Please select the product formats and quantity you require: Electronic (PDF) - Single User: Electronic (PDF) - Site License: Electronic (PDF) - Enterprisewide: Quantity USD 950 USD 1900 USD 2850 * The price quoted above is only valid for 30 days. Please submit your order within that time frame to avail of this price as all prices are subject to change. Contact Information Please enter all the information below in BLOCK CAPITALS Title: Mr Mrs Dr Miss Ms Prof First Name: Last Name: Address: * Job Title: Organisation: Address: City: Postal / Zip Code: Country: Phone Number: Fax Number: * Please refrain from using free accounts when ordering (e.g. Yahoo, Hotmail, AOL)

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