Summary of Social Security and Private Employee Benefits URUGUAY

Size: px
Start display at page:

Download "Summary of Social Security and Private Employee Benefits URUGUAY"

Transcription

1 Private Employee Benefits URUGUAY 2012

2 Your Local Link to IGP in URUGUAY: Network Partner Mapfre Uruguay Compañía de Seguros S.A. was established in 1995 and is the fourth largest insurance company in the country. It operates in all lines of business except for workers compensation, which is run by the State. Mapfre Uruguay has 46 offices in Uruguay, of which 12 are in Montevideo and 34 are located throughout the rest of the country. Mapfre Uruguay is part of the Mapfre Group, the largest foreign insurance group in Latin America and the largest insurance company in its home country, Spain. Founded in 1933, the Mapfre Group offers insurance, reinsurance and financial services, and its international presence consists of offices in more than 40 countries. The Mapfre Group has approximately 13 million clients worldwide. Mapfre Uruguay Compañía de Seguros S.A. has been an IGP Network Partner since Key Products Life Life Double Indemnity Dependent Life Critical Illness Dread Disease Disability Accidental Death and Disability Permanent and Total Disability Rider Permanent and Partial Disability Rider Waiver of Premium Other Funeral Benefit Personal Accident Transplant Benefit Mapfre Uruguay Compañía de Seguros S.A. is located on the internet at: (Information available in Spanish.) 2012 International Group Program 1

3 Social Security Overview: Social security in Uruguay is provided via a mixed system of social insurance, individual accounts and social assistance programs. Benefits provided include: old-age, disability and survivors pensions, sickness and maternity, workers compensation, unemployment, and family allowances. The individual accounts are used to provide the old-age pension benefit and are mandatory for employed and self-employed persons born after April 1, 1956 with monthly wages above the earnings threshold. Individuals with monthly wages below the earnings threshold can establish an individual account on a voluntary basis. The individual accounts are managed by pension fund administration companies (AFAPs). The Social Security benefits are administered by Banco de Previsión Social (BPS): Old Age Pension: Eligibility: Social Insurance Employed and self-employed individuals. The ordinary old-age pension is payable to men and women who are at least 60 years of age and have made 30 years of contributions. For each biological or adopted child, women are credited with one year of coverage up to five years. Workers in hazardous occupations are credited with additional years of service. An advanced-age pension is payable to men and women at age 70 with at least 15 years of contributions. The age requirement decreases as the number of years of contributions increases. Men and women age 70 and over are eligible for a means-tested social assistance pension. No contributions are required, but the individual must be a resident of Uruguay for at least 15 years. Individual Accounts Mandatory for employed and self-employed individuals born after April 1, 1956 with monthly earnings greater than UYU 24,709. Those with monthly earnings less than UYU 24,709 can contribute on a voluntary basis. The eligibility requirements for an advanced-age pension are the same as for the Social Insurance program International Group Program 2

4 Contributions: Insured A mandatory contribution of 15% of gross monthly earnings of UYU 24,709 or less for the social insurance program. Those with gross monthly earnings of UYU 24,709 or less can make voluntary contributions of 7.5% to the social insurance program and 7.5% to an individual account. For those with gross monthly earnings greater than UYU 24,709, 15% of UYU 24,709 goes toward social insurance and 15% of earnings above UYU 24,709 goes to the individual account. The contribution ceiling is UYU 74,128 of monthly earnings. Employer For social insurance, employers contribute 7.5% of payroll. The contribution ceiling is UYU 74,128 of monthly earnings. Government The cost of non-contributory benefits is financed by the government. Self-Employed 15% of covered earnings up to the contribution ceiling. Benefits: The benefit is based on the level of contribution and the number of years of contributions. Other Benefits include: Survivors Benefits A monthly benefit is paid equal to 66% to 75% of the deceased s pension depending on the number of survivors. If the insured has an individual account, then the benefit depends on the amount of the contributions plus any accrued interest. Permanent Disability A benefit is paid if the insured is unable to work at any job and has an assessed degree of disability of at least 66%. The insured must have at least two years of service including six months immediately prior to the disability. There are no qualifying conditions if the injury is the result of an accident. Partial Disability The insured must be unable to perform his or her job and have a disability assessed at 50-66%. The insured must have at least two years of service including six months immediately prior to the disability. There are no qualifying conditions if the injury is the result of an accident International Group Program 3

5 Funeral Benefit A funeral grant of UYU 11,476 is paid to the eligible survivor(s) or to reimburse the person who paid for the funeral. Sickness and Maternity: Eligibility: All employees and self-employed individuals are covered if they have three months of contributions or 75 days of contributions in the past 12 months. Contributions: Employed individuals: 3%-6% of covered earnings. Self-employed individuals: 8% of earnings. Employers: 5% of payroll. The Government makes up any shortfall from tax revenue. Benefits: Sickness 70% of the individual s wages after a three-day waiting period for up to a year. No waiting period if hospitalized. Maximum Monthly Benefit for Sickness: Employed: UYU 8,904 Self-employed: UYU 6,233 Maternity 100% of average earnings in the six months prior to the birth. The benefit is paid for the six-week period prior to the birth and for the six-week period after the expected date of the birth. The benefit is increased if the woman is expecting more than one child at a time. Workers' Compensation: Eligibility: Contribution: Benefit: All private sector employees; self-employed individuals are not covered. All of the funds are contributed by the employer based on the degree of risk associated with the industry. There is no waiting period. Coverage only extends to accidents occurring at the workplace. Permanent Disability For a disability of 20% or more, a monthly pension is paid equal to the person s regular monthly earnings. If the disabled person needs constant assistance, the benefit is increased to 115% of earnings prior to the disability. For a disability of 10% - 19%, a lump sum is paid equal to 36 times the monthly earnings. If the disability is less than 10%, a benefit is paid only if the disability is the result of repeated accidents International Group Program 4

6 Temporary Disability Individuals in steady, regular employment will receive 66% of earnings prior to the onset of the disability. Those not in steady employment will receive a benefit equal to 66% of wages during the past six months divided by 150. There is a four-day waiting period before payment of benefits. Occupational Diseases 100% of the individual s earnings prior to the onset of the illness. Widow s and Orphans Benefits The Workers Compensation program also provides widow s and orphans benefits. Additional medical benefits are available under the social insurance program International Group Program 5

7 Private Benefits Group Life Insurance: Group life insurance is provided in the form of one-year automatic renewable term insurance. The following optional benefits may be provided: Accidental death Total and permanent disability (due to illness or accident) Partial permanent disability (due to accident) Dread disease Indemnity for transplants The benefits are based on a multiple of monthly salary. The following employee-paid benefits for spouses may be included: Death by any cause Accidental death Total and Permanent Disability (due to accident or illness) Partial Permanent Disability (due to accident) The benefits are based on a multiple of monthly salary International Group Program 6

Social assistance: 2% of covered payroll. Government. Social insurance: None; contributes as an employer. Social assistance: Any deficit.

Social assistance: 2% of covered payroll. Government. Social insurance: None; contributes as an employer. Social assistance: Any deficit. Barbados Exchange rate: US$1.00 = 2.02 Barbadian dollars (B$). Old Age, Disability, and Survivors First law: 1937 (social assistance). Current law: 1966 (social insurance). Type of program: Social insurance

More information

Colombia. Old Age, Disability, and Survivors. Regulatory Framework. Qualifying Conditions. Coverage. Source of Funds. Colombia

Colombia. Old Age, Disability, and Survivors. Regulatory Framework. Qualifying Conditions. Coverage. Source of Funds. Colombia Colombia Exchange rate: US$1.00 equals 2,338.14 pesos. Old Age, Disability, and Survivors First law: 1946, implemented in 1965. Current law: 1993 (social insurance), implemented in 1994, with 2003 amendments.

More information

Summary of Social Security and Private Employee Benefits MEXICO

Summary of Social Security and Private Employee Benefits MEXICO Private Employee Benefits MEXICO 2013 Your Local Link to IGP in MEXICO: Seguros Monterrey New York Life, S.A. Seguros Monterrey, S.A., founded in 1940, is one of the leading life and health insurance companies

More information

First and current law: 1965 (social security fund), with amendments.

First and current law: 1965 (social security fund), with amendments. Page 1 of 6 Social Security Programs Throughout the World: Africa, 2009 You are here: Social Security Online > Research, Statistics, & Policy Analysis > Program Descriptions > Social Security Programs

More information

United Kingdom. Old Age, Disability, and Survivors. United Kingdom. Exchange rate: US$1.00 = 0.64 pounds ( ). Qualifying Conditions

United Kingdom. Old Age, Disability, and Survivors. United Kingdom. Exchange rate: US$1.00 = 0.64 pounds ( ). Qualifying Conditions United Kingdom Exchange rate: US$1.00 = 0.64 pounds ( ). Old Age, Disability, and Survivors First laws: 1908 (old-age pension), 1911 (disability insurance), and 1925 (old-age and survivors insurance).

More information

China. Old Age, Disability, and Survivors. China. Exchange rate: US$1.00 = 6.78 yuan. Regulatory Framework. Coverage. Qualifying Conditions

China. Old Age, Disability, and Survivors. China. Exchange rate: US$1.00 = 6.78 yuan. Regulatory Framework. Coverage. Qualifying Conditions China Exchange rate: US$1.00 = 6.78 yuan. Old Age, Disability, and Survivors First law: 1951. Current laws: 1953 (regulations); 1978, 1995, 1997, 1999, and 2005 (directives); and 2009 (guideline on rural

More information

Summary of Social Security and Private Employee Benefits FINLAND

Summary of Social Security and Private Employee Benefits FINLAND Private Employee Benefits FINLAND 2014 Your Local Link to IGP in Finland: Mandatum Life Insurance Company Limited Mandatum Life Insurance Company Limited, formerly known as Sampo Life, is one of the most

More information

How To Know More About The Health Care System In Argentina

How To Know More About The Health Care System In Argentina Private Employee Benefits ARGENTINA 2013 Your Local Link to IGP in ARGENTINA: SMG Life SMG Life is a member company of the Swiss Medical Group, which began in January 1989 with the construction of a clinic

More information

Employee: 9.75 % of gross monthly salary Employer: 12.25% of gross monthly salary depending on type of industry No salary ceiling.

Employee: 9.75 % of gross monthly salary Employer: 12.25% of gross monthly salary depending on type of industry No salary ceiling. Prepared by Mapfre Panama. I SUMMARY Social Security Eligibility Retirement Age Contributions Retirement Disability All private and public employees. 62M/57F Employee: 9.75 % of gross monthly salary Employer:

More information

Summary of Social Security and Private Employee Benefits HUNGARY

Summary of Social Security and Private Employee Benefits HUNGARY Private Employee Benefits HUNGARY 2014 Your Local Link to IGP in Hungary: AEGON Hungary Composite Insurance Company AEGON Hungary Composite Insurance Company was Hungary s sole insurance company until

More information

Korea, South. Old Age, Disability, and Survivors. Korea, South. Exchange rate: US$1.00 equals 945.30 won. Qualifying Conditions. Regulatory Framework

Korea, South. Old Age, Disability, and Survivors. Korea, South. Exchange rate: US$1.00 equals 945.30 won. Qualifying Conditions. Regulatory Framework Korea, South Exchange rate: US$1.00 equals 945.30 won. Old Age, Disability, and Survivors First law: 1973 (national welfare pension). Current law: 1986 (national pension), with 1989, 1993, 1995, 1997,

More information

Work Injury: Benefits, 2010

Work Injury: Benefits, 2010 Austria Belgium Temporary disability The insured receives the cash sickness benefit until a decision on permanent disability is made. The employer pays 100% of earnings for up to 12 weeks (plus additional

More information

Summary of Social Security and Private Employee Benefits TURKEY

Summary of Social Security and Private Employee Benefits TURKEY Private Employee Benefits TURKEY 2014 Your Local Link to IGP in Turkey: Allianz Yaşam ve Emeklilik and Yapi Kredi Sigorta Allianz Yaşam ve Emeklilik Allianz Yaşam ve Emeklilik, which operates in the private

More information

Social Security Programs Throughout the World: The Americas, 2007

Social Security Programs Throughout the World: The Americas, 2007 Social Security Programs Throughout the World: The Americas, 2007 Social Security Administration Office of Retirement and Disability Policy Office of Research, Evaluation, and Statistics 500 E Street,

More information

Australia. Old Age, Disability, and Survivors. Australia. Exchange rate: US$1.00 equals 1.32 Australian dollars (A$). Qualifying Conditions

Australia. Old Age, Disability, and Survivors. Australia. Exchange rate: US$1.00 equals 1.32 Australian dollars (A$). Qualifying Conditions Australia Exchange rate: US$1.00 equals 1.32 Australian dollars (A$). Old Age, Disability, and Survivors First laws: 1908 (old-age and disability) and 1942 (widows). Current laws: 1991 (social security),

More information

Summary of Social Security and Private Employee Benefits INDONESIA

Summary of Social Security and Private Employee Benefits INDONESIA Private Employee Benefits INDONESIA 2013 Your Local Link to IGP in INDONESIA: PT Asuransi Jiwa Manulife Indonesia PT Asuransi Jiwa Manulife Indonesia (Manulife Indonesia) offers the most comprehensive

More information

Summary of Social Security and Private Employee Benefits MALAYSIA

Summary of Social Security and Private Employee Benefits MALAYSIA Private Employee Benefits MALAYSIA 2013 Your Local Link to IGP in MALAYSIA: AIA Bhd. AIA Bhd. is a leading insurer in Malaysia, where it has been doing business since 1948. It offers a suite of high-quality

More information

CHILE SUMMARY. Social Security. Prepared by Swiss Life Network.

CHILE SUMMARY. Social Security. Prepared by Swiss Life Network. Prepared by Swiss Life Network. I SUMMARY Social Security Eligibility All persons gainfully employed after January 1, 1983, and all those who contributed to the old system. Self-employed persons may also

More information

Summary of Social Security and Private Employee Benefits TAIWAN (REPUBLIC OF CHINA)

Summary of Social Security and Private Employee Benefits TAIWAN (REPUBLIC OF CHINA) Private Employee Benefits TAIWAN (REPUBLIC OF CHINA) 2013 Your Local Link to IGP in TAIWAN: Shin Kong Life Insurance Company Ltd. Shin Kong Life Insurance Company, Ltd., founded in 1963, provides a range

More information

Summary of Social Security and Private Employee Benefits COLOMBIA

Summary of Social Security and Private Employee Benefits COLOMBIA Summary of Social Security and Private Employee Benefits COLOMBIA 2013 Your Local Link to IGP in COLOMBIA: Mapfre Colombia Vida Seguros, S.A. Mapfre Colombia Vida Seguros, S.A. offers a broad range of

More information

Japanese Social Insurance. (As of November 30, 2011)

Japanese Social Insurance. (As of November 30, 2011) Japanese Social Insurance (As of November 30, 2011) Japanese Social Insurance (2011) 1 Contents Page Japanese Social Insurance Programs 2 1. Employees Health Insurance 3 2. Nursing Care Insurance 5 3.

More information

How To Get A Life Insurance Policy With Alpha Insurance

How To Get A Life Insurance Policy With Alpha Insurance ADDITIONAL LIFE BENEFITS Alpha Waiver of Premium Payments At any Individual of up to 64 year of age who buys a life insurance policy with Alpha Insurance Waives the obligation of the policy owner to continue

More information

Summary of Social Security and Private Employee Benefits PHILIPPINES

Summary of Social Security and Private Employee Benefits PHILIPPINES Private Employee Benefits PHILIPPINES 2013 Your Local Link to IGP in the Philippines: Insular Life Assurance Company, Ltd. Established on November 25, 1910, Insular Life Assurance Company, Ltd. has withstood

More information

60M/55F subject to a minimum participation of 1 year.

60M/55F subject to a minimum participation of 1 year. Prepared by TransGlobe Life. I SUMMARY Social Security Eligibility Retirement Age Contributions Retirement Labour Insurance Programme (LI) applies to companies with 5 or more staff above age 15 and under

More information

All persons gainfully employed under age 60. Self-employed are covered also.

All persons gainfully employed under age 60. Self-employed are covered also. Prepared by First Life Financial Company. I SUMMARY Social Security Eligibility Retirement Contributions All persons gainfully employed under age 60. Self-employed are covered also. 60M/F To Social Security:

More information

For more information, please visit our website or call us today.

For more information, please visit our website or call us today. The National Insurance Employment Injury Benefits are payable to an insured person who is unable to work because of personal injury caused by an accident, which arises out of and in the course of employment,

More information

Spouse s pension: 50% of disability pension on total disability plus 20% for each child, payable up to age 16. Full orphans receive 30%.

Spouse s pension: 50% of disability pension on total disability plus 20% for each child, payable up to age 16. Full orphans receive 30%. Prepared by Seguros Inbursa. I SUMMARY Social Security Eligibility Retirement Age Contributions Any person in private employment is eligible. Special systems apply to government employees, workers in the

More information

Article 2 This Law shall govern mandatory pension and disability insurance based on generational solidarity.

Article 2 This Law shall govern mandatory pension and disability insurance based on generational solidarity. PENSION AND DISABILITY INSURANCE LAW 1 ( Official Gazette of the Republic of Montenegro, no. 54/03, 39/04, 61/04, 79/04, 81/04, 14/07 and 47/07 and Official Gazette of Montenegro, no. 79/08, 14/10 and

More information

Product Summary Zurich Income Replacement Insurance Plus

Product Summary Zurich Income Replacement Insurance Plus Zurich Life Risk Product Summary Zurich Income Replacement Insurance Plus Zurich proudly supports Adviser use only. Preparation Date: 1 April 2008 Zurich Australia Limited ABN 92 000 010 195 AFSLN 232510

More information

Zurich Life Risk Zurich Income Protector / Plus

Zurich Life Risk Zurich Income Protector / Plus Product Summary Issued 21 December 2015 Zurich Life Risk Zurich / Adviser use only Summary These tables outline the in-built benefits, optional extras and product parameters for Zurich. They show which

More information

The Primary Representative for Indiana Manufacturers before the Indiana General Assembly

The Primary Representative for Indiana Manufacturers before the Indiana General Assembly The Primary Representative for Indiana Manufacturers before the Indiana General Assembly All IMA Sponsored Insurance Products Distributed via Indiana Independent Agents 120 year old Mutual Company Financially

More information

Introduction... Distinctive Features of the Benefits Environment... Key Changes in Recent Years...

Introduction... Distinctive Features of the Benefits Environment... Key Changes in Recent Years... Table of Contents Introduction... Distinctive Features of the Benefits Environment... Key Changes in Recent Years... 2 3 4 Statutory/Mandatory Programs... 5... 5 Retirement Benefits... 6 Death Benefits...

More information

All persons with permanent residence, including foreigners with a minimum of 3 years Eligibility residence.

All persons with permanent residence, including foreigners with a minimum of 3 years Eligibility residence. Prepared by Ilmarinen and Mandatum Life. I SUMMARY Social Security The National Pension Scheme All persons with permanent residence, including foreigners with a minimum of 3 years Eligibility residence.

More information

Your social security rights. in Czech Republic

Your social security rights. in Czech Republic Your social security rights in Czech Republic The information provided in this guide has been drafted and updated in close collaboration with the national correspondents of the Mutual Information System

More information

North Carolina State Government

North Carolina State Government North Carolina State Government W O R K E R S C O M P E N S A T I O N E M P L O Y E E H A N D B O O K PURPOSE The contents in this handbook are designed to provide employees of the State of North Carolina

More information

FINLAND. Nomenclature

FINLAND. Nomenclature FINLAND Nomenclature KEL KIEL KVTEL LEL MEL MYEL PEL TAEL TEL VEL VPEL YEL The National Pension Act (old age, disability) The Evangelical-Lutheran church Pension Act The Local Government Employees Pension

More information

IBN Glossary - Benefit Definitions. Accidental Death and Dismemberment

IBN Glossary - Benefit Definitions. Accidental Death and Dismemberment IBN Glossary - Benefit Definitions Accidental Death and Dismemberment Actuary - (Pension) Added Years Additional Voluntary Contributions (AVC) AVCs in house AVCs - FSAVCs AD&D provides coverage for death

More information

Duke University Health System Benefits Overview: Non-Exempt 2015

Duke University Health System Benefits Overview: Non-Exempt 2015 Duke University Health System Benefits Overview: Non-Exempt 2015 We are pleased to provide you with information about your benefits at Duke. Our organization is rich in heritage and is proud of its work.

More information

BENEFITS SUMMARY. Physicians (Unit 1)

BENEFITS SUMMARY. Physicians (Unit 1) BENEFITS SUMMARY Physicians (Unit 1) THE BENEFITS OF WORKING AT THE CSU This summary provides an overview of systemwide benefits generally available to Physician (Unit 1) employees of the California State

More information

How To Get A Pension In The Netherlands

How To Get A Pension In The Netherlands Private Employee Benefits NETHERLANDS 2014 Your Local Link to IGP in The Netherlands: ASR Levensverzekering N.V. The history of ASR Nederland (hereafter called a.s.r.) dates back to 1720 when one of her

More information

Florida State University Summary of Benefits. Benefit Description Cost Effective Date Eligibility Enrollment

Florida State University Summary of Benefits. Benefit Description Cost Effective Date Eligibility Enrollment Sick Leave Accrued paid time off for illness, injury, or appointments with health care providers for the employee or the employee's immediate family member. Each pay period the employee accrues 4 hours.

More information

Life and Disability Insurance - A Generali Employee Benefits Network

Life and Disability Insurance - A Generali Employee Benefits Network Life and disability International solutions for expatriates geb.com 2 GEB - Life and Disability for Expatriates Life and Disability Group Life and Disability insurance packages form the cornerstone of

More information

Injury Benefits for employees in the National Health Service Superannuation Scheme (Scotland)

Injury Benefits for employees in the National Health Service Superannuation Scheme (Scotland) Injury benefits FACTSHEET Injury Benefits for employees in the National Health Service Superannuation Scheme (Scotland) The NHS Injury Benefit Scheme is a compensation scheme for employees in the National

More information

Japanese Social Insurance. (As of May 1, 2010)

Japanese Social Insurance. (As of May 1, 2010) Japanese Social Insurance (As of May 1, 2010) Contents Japanese Social Insurance Programs... 2 1. Health Insurance... 3... 3... 3 c. Benefits... 3 2. Welfare Pension Insurance... 4... 4... 4 c. Benefits...

More information

Long-Term Disability. Income Insurance. Plan Designed Specifically For: San Marcos ISD. American Fidelity Assurance Company s

Long-Term Disability. Income Insurance. Plan Designed Specifically For: San Marcos ISD. American Fidelity Assurance Company s American Fidelity Assurance Company s Long-Term Disability Income Insurance SB-25403(FF)-0712 HOME OFFICE 2000 North Classen Boulevard Oklahoma City, Oklahoma 73106 (800) 654-8489 HOUSTON OFFICE 515 North

More information

Short-Term Disability

Short-Term Disability American Fidelity Assurance Company s Short-Term Disability Income Insurance Plan Designed Specifically For: New Mexico Schools Plan Highlights s are paid directly to you, not to a doctor or your employer.

More information

Between 70% and 100%, depending on type of retirement and duration of contributions.

Between 70% and 100%, depending on type of retirement and duration of contributions. Prepared by Icatu Seguros. I SUMMARY Social Security Eligibility Retirement Age All gainfully employed persons. Normal retirement: After 35M/30F years of contributions (long service). Old age retirement:

More information

BENEFITS SUMMARY. Academic Support (Unit 4)

BENEFITS SUMMARY. Academic Support (Unit 4) BENEFITS SUMMARY Academic Support (Unit 4) THE BENEFITS OF WORKING AT THE CSU This summary provides an overview of systemwide benefits generally available to Academic Support (Unit 4) employees of the

More information

Income Tax - Taxation of Insurance Policies - 2012-2013.doc INSURANCE POLICIES 2012-2013

Income Tax - Taxation of Insurance Policies - 2012-2013.doc INSURANCE POLICIES 2012-2013 INCOME TAX INSURANCE POLICIES 2012-2013 1 BACKGROUND Effective from January 2011, a number of significant changes to the Income Tax Act were made which resulted in some unintended consequences. These changes

More information

Your social security rights in Denmark

Your social security rights in Denmark Your social security rights in Denmark 1 The information provided in this guide has been drafted and updated in close collaboration with the national correspondents of the Mutual Information System on

More information

Accumulation Period A period of months that begins on the first day of disability and during which the Elimination period must be satisfied.

Accumulation Period A period of months that begins on the first day of disability and during which the Elimination period must be satisfied. Accumulation of Days of Disability In better disability policies, the Elimination Period days do not need to be consecutive. They may be accumulated, assuming each period of disability is not separated

More information

Short-Term Disability

Short-Term Disability AMERICAN FIDELITY ASSURANCE COMPANY S Short-Term Disability Income Insurance Plan Designed Specifically For: Kansas Educators Plan Highlights s are paid directly to you, not to a doctor or your employer.

More information

Group Accident Insurance

Group Accident Insurance Group Accident Insurance An accident insurance plan provides benefits to help cover the costs associated with unexpected bills. This plan pays over and above medical and can purchase without having medical

More information

Work-Related Injuries and Fatalities What You and Your Family Need to Know About Your Benefits

Work-Related Injuries and Fatalities What You and Your Family Need to Know About Your Benefits Work-Related Injuries and Fatalities What You and Your Family Need to Know About Your Benefits RI 84-2 Revised December 2008 Previous editions are not usable. Additional retirement information and all

More information

1. PERSONAL SCOPE OF THE NATIONAL INSURANCE SCHEME 3 2. BENEFITS 4 3. FINANCING 5 4. OLD AGE PENSION 6 4.1 Old-age pension old provisions 7 4.1.

1. PERSONAL SCOPE OF THE NATIONAL INSURANCE SCHEME 3 2. BENEFITS 4 3. FINANCING 5 4. OLD AGE PENSION 6 4.1 Old-age pension old provisions 7 4.1. CONTENTS Page 1. PERSONAL SCOPE OF THE NATIONAL INSURANCE SCHEME 3 2. BENEFITS 4 3. FINANCING 5 4. OLD AGE PENSION 6 4.1 Old-age pension old provisions 7 4.1.1 Basic Pension and Supplements for Spouse

More information

Here is a brief summary of some of the benefits that Duke offers:

Here is a brief summary of some of the benefits that Duke offers: Duke University Benefits Overview: Non-Exempt 2015 We are pleased to provide you with information about your benefits at Duke. Our organization is rich in heritage and is proud of its work. While your

More information

The Norwegian Social Insurance Scheme

The Norwegian Social Insurance Scheme Survey The Norwegian Social Insurance Scheme January 2015 CONTENTS Page 1. PERSONAL SCOPE OF THE NATIONAL INSURANCE SCHEME 3 2. THE NATIONAL INSURANCE SCHEME S BENEFITS 4 3. FINANCING OF THE NATIONAL

More information

Worker' Compensation and Reemployment Rights

Worker' Compensation and Reemployment Rights Worker' Compensation and Reemployment Rights The Federal Employee's Compensation Act provides workers' compensation for employmentrelated injuries and occupational diseases. Benefits include wage replacement,

More information

Short Term Disability: Exempt Employees

Short Term Disability: Exempt Employees Short Term Disability: Exempt Employees Eligibility Minimum Hourly Requirement Waiting Period for Benefits Elimination period Benefit Percentage Maximum Duration Definition of Earnings Successive Periods

More information

Long-Term Disability. Income Insurance. Non-Clerical Education Support Personnel. Plan Designed Specifically For: Effective: 10-1-2012

Long-Term Disability. Income Insurance. Non-Clerical Education Support Personnel. Plan Designed Specifically For: Effective: 10-1-2012 Effective: 10-1-2012 American Fidelity Assurance Company s Long-Term Disability Income Insurance Plan Designed Specifically For: Non-Clerical Education Support Personnel Why Do You Need Disability Income

More information

Summary of Social Security and Private Employee Benefits CHINA

Summary of Social Security and Private Employee Benefits CHINA Private Employee Benefits CHINA 2013 Your Local Link to IGP in China: Taiping Pension Co., Ltd. Taiping Pension Co., Ltd. is one of the first professional pension insurance companies in China, one of the

More information

Zurich Life Risk Zurich Income Replacement

Zurich Life Risk Zurich Income Replacement Product Summary Issued 1 March 2015 Zurich Life Risk Zurich Income Replacement Adviser use only Summary These tables outline the in-built benefits, optional extras and product parameters for Zurich Income

More information

University of British Columbia (the University) CUPE Local 2278 English Language Instructors

University of British Columbia (the University) CUPE Local 2278 English Language Instructors University of British Columbia (the University) CUPE Local 2278 English Language Instructors Contract Number 23218 Part G Effective January 1, 2008 Table of Contents Table of Contents General Information...1

More information

Employees. Table of Contents

Employees. Table of Contents Table of Contents 1. Introduction 2 2. Recruitment 2 3. Pay and Leave Administration 5 3.1 Pay Administration 5 3.2 Leave Administration 7 4. Benefits 10 5. Employee Assistance Program 12 6. Conflict Resolution

More information

Table of Contents. Section 4: Disability

Table of Contents. Section 4: Disability Table of Contents Section 4: Disability YOUR CALTECH DISABILITY BENEFITS... 4.1 Short Term Disability... 4.1 Paid Family Leave... 4.1 Long Term Disability... 4.1 YOUR BASIC AND SUPPLEMENTAL LONG TERM DISABILITY

More information

St. Louis County Voluntary Long-Term Disability Insurance

St. Louis County Voluntary Long-Term Disability Insurance St. Louis County Voluntary Long-Term Disability Insurance 3 in 10 workers entering the workforce today will become disabled before retiring. 1 Are you willing to gamble with your paycheck? Why Disability

More information

The Hospital Authority of Valdosta and Lowndes County dba South Georgia Medical Center

The Hospital Authority of Valdosta and Lowndes County dba South Georgia Medical Center LIFE INSURANCE COMPANY OF NORTH AMERICA 1601 CHESTNUT STREET GROUP POLICY PHILADELPHIA, PA 19192-2235 (800) 732-1603 TDD (800) 552-5744 A STOCK INSURANCE COMPANY POLICYHOLDER: POLICY NUMBER: The Hospital

More information

SECTION III DISABILITY. A. Short-Term Disability 6 Months B. Long-Term Disability Benefits 18 Months

SECTION III DISABILITY. A. Short-Term Disability 6 Months B. Long-Term Disability Benefits 18 Months SECTION III DISABILITY A. Short-Term Disability 6 Months B. Long-Term Disability Benefits 18 Months 39 DISABILITY BENEFITS RESOURCE GUIDE Where To Call For Short-Term Disability Benefits (646) 473-9200

More information

Federal Payments That May be Available to Federal Employees and Their Families When Employees are Injured or Die on the Job

Federal Payments That May be Available to Federal Employees and Their Families When Employees are Injured or Die on the Job Federal Payments That May be Available to Federal Employees and Their Families When Employees are Injured or Die on the Job Retirement & Insurance Service Theodore Roosevelt Building 1900 E Street, NW

More information

Duke University Health System Benefits Overview: Exempt 2015

Duke University Health System Benefits Overview: Exempt 2015 Duke University Health System Benefits Overview: Exempt 2015 We are pleased to provide you with information about your benefits at Duke. Our organization is rich in heritage and is proud of its work. While

More information

DEFENSE BASE ACT PROGRAM

DEFENSE BASE ACT PROGRAM DEFENSE BASE ACT PROGRAM Thank you for your recent request for information on the Defense Base Act Insurance. We hope that the following summary will aid you in understanding DBA coverage. Rutherfoord

More information

Slovakia General the social security coverage is based on occupational activity, not residence

Slovakia General the social security coverage is based on occupational activity, not residence Slovakia General In Slovakia, the social security coverage is based on occupational activity, not residence. The social security system falls under the competence of the Ministry of Employment, Social

More information

WORKER S COMPENSATION, ACCIDENT REPORTING AND OSHA RECORDKEEPING

WORKER S COMPENSATION, ACCIDENT REPORTING AND OSHA RECORDKEEPING Authority: WORKER S COMPENSATION, ACCIDENT REPORTING AND OSHA RECORDKEEPING Chancellor History: Revised January 22, 2007; supersedes former Policy No. HR 5.10 effective July 24, 1995 Source of Authority:

More information

EMPLOYER S SOCIAL CONTRIBUTIONS AND EMPLOYEE SOCIAL, MEDICAL AND PENSION BENEFIT IN RUSSIA

EMPLOYER S SOCIAL CONTRIBUTIONS AND EMPLOYEE SOCIAL, MEDICAL AND PENSION BENEFIT IN RUSSIA Authors: Jon Hellevig, Anton Kabakov, and Artem Usov. Jon Hellevig, Managing partner of Awara Group LinkedIn: http://www.linkedin.com/in/jonhellevig Facebook: http://www.facebook.com/jonhellevig E-mail:

More information

SUPPLEMENT. to the WESTERN PENNSYLVANIA ELECTRICAL EMPLOYEES INSURANCE TRUST FUND SICKNESS AND DISABILITY BENEFITS PROGRAM.

SUPPLEMENT. to the WESTERN PENNSYLVANIA ELECTRICAL EMPLOYEES INSURANCE TRUST FUND SICKNESS AND DISABILITY BENEFITS PROGRAM. SUPPLEMENT to the WESTERN PENNSYLVANIA ELECTRICAL EMPLOYEES INSURANCE TRUST FUND SICKNESS AND DISABILITY BENEFITS PROGRAM April 2013 BUS_EST:349238-1 TABLE OF CONTENTS Page Introduction... 1 1-1 Eligibility

More information

Social protection of the self-employed

Social protection of the self-employed Social protection of the self-employed Country analysis Bulgaria Czech Republic Estonia Hungary Latvia Lithuania Poland Romania Slovak Republic Slovenia Comparative analysis 323 General principles The

More information

American Fidelity Assurance Company s. Long-Term Disability. Income Insurance. Plan Designed Specifically For: Defined Benefit - Mississippi

American Fidelity Assurance Company s. Long-Term Disability. Income Insurance. Plan Designed Specifically For: Defined Benefit - Mississippi American Fidelity Assurance Company s Long-Term Disability Income Insurance Plan Designed Specifically For: Defined - Mississippi Why Do You Need Disability Income Protection? Disability causes nearly

More information

DISABILITY INSURANCE PROGRAM FREQUENTLY ASKED QUESTIONS

DISABILITY INSURANCE PROGRAM FREQUENTLY ASKED QUESTIONS DISABILITY INSURANCE PROGRAM FREQUENTLY ASKED QUESTIONS (FAQs) SECTION 4 LONG TERM DISABILITY (LTD) PROGRAM Effective July 1, 2015 Disclaimer If there is any conflict in interpretation between the FAQ

More information

Income Protection Benefits

Income Protection Benefits Income Protection Benefits McAllen Independent School District Information About You Name: Social Security Number / Employee ID Number: Coverage Effective Date: Date of Birth: Date of Hire: Annual Salary:

More information

Duke University Benefits Overview: Exempt 2015

Duke University Benefits Overview: Exempt 2015 Duke University Benefits Overview: Exempt 2015 We are pleased to provide you with information about your benefits at Duke. Our organization is rich in heritage and is proud of its work. While your pay

More information

Life and AD&D Insurance Overview

Life and AD&D Insurance Overview Life and AD&D Insurance Overview Prepared for The University of Massachusetts Medical School Life and AD&D Insurance Coverage provided by your employer Benefit Amount $50,000 Voluntary Term Life and AD&D

More information

Social Security System in Thailand Policy and Planning Division Social Security Office

Social Security System in Thailand Policy and Planning Division Social Security Office Social Security System in Thailand Policy and Planning Division Social Security Office Outline Social Security Scheme in Thailand: Introduction and Historical Background Administration of the SSO Social

More information

Insurance Solutions for life

Insurance Solutions for life For Financial Brokers use only. This is not a client document. Insurance Solutions for life 1. Our life insurance products at a glance 1 Page 2. Life insurance product details Term Life Insurance 2 Mortgage

More information

How much insurance cover?

How much insurance cover? How much insurance cover? We consider life and TPD insurance coverage to be family protection it is about protecting your family. Life Insurance The purpose of life insurance is to provide your dependants

More information

Railroad Retirement and Mutual of Omaha fall short of giving you complete income protection.

Railroad Retirement and Mutual of Omaha fall short of giving you complete income protection. BENEFIT HIGHLIGHT ILLUSTRATION Norfolk Southern BLET Division 335 Group Plan Benefits Life, AD&D, STD, LTD Railroad Retirement and Mutual of Omaha fall short of giving you complete income protection. This

More information

LONG TERM DISABILITY. benefits for employees that benefit employers

LONG TERM DISABILITY. benefits for employees that benefit employers LONG TERM DISABILITY benefits for employees that benefit employers Long Term Disability VOLUNTARY Although Americans lose millions of workdays each year to disabilities, too many of us think, It won t

More information

Disability Insurance. Financial Protection For Individuals And Business Owners. Standard Insurance Company Individual Disability Insurance

Disability Insurance. Financial Protection For Individuals And Business Owners. Standard Insurance Company Individual Disability Insurance Disability Insurance Financial Protection For Individuals And Business Owners Standard Insurance Company Individual Disability Insurance Income Protection When You Need It Most The home you live in, the

More information

How To Pay Out Of Work In The United States

How To Pay Out Of Work In The United States U.S. Railroad Retirement Board www.rrb.gov RAILROAD RETIREMENT and SURVIVOR BENEFITS U.S. Railroad Retirement Board MISSION STATEMENT The Railroad Retirement Board s mission is to administer retirement/survivor

More information

All employees, cooperative farmers and self-employed persons.

All employees, cooperative farmers and self-employed persons. Prepared by Kooperativa pojišťovna. I SUMMARY Social Security Eligibility Retirement Age All employees, cooperative farmers and self-employed persons. Retirement age for men and women (irrespective of

More information

DEATH BENEFITS. Department of Employee Trust Funds P. O. Box 7931 Madison, WI 53707-7931 etf.wi.gov ET-6101 (REV 5/13)

DEATH BENEFITS. Department of Employee Trust Funds P. O. Box 7931 Madison, WI 53707-7931 etf.wi.gov ET-6101 (REV 5/13) DEATH BENEFITS Department of Employee Trust Funds P. O. Box 7931 Madison, WI 53707-7931 etf.wi.gov ET-6101 (REV 5/13) 4 The Department of Employee Trust Funds (ETF) administers three programs that provide

More information

Voluntary Long Term Disability Insurance Answers to your questions about coverage from Standard Insurance Company

Voluntary Long Term Disability Insurance Answers to your questions about coverage from Standard Insurance Company Voluntary Long Term Disability Insurance Answers to your questions about coverage from Standard Insurance Company STANDARD INSURANCE COMPANY About This Booklet This booklet is designed to answer some common

More information

Self-Employed Persons Voluntary Accident Insurance

Self-Employed Persons Voluntary Accident Insurance PRODUCT DESCRIPTION Valid as of January 1, 2008 Self-Employed Persons Voluntary Accident Insurance Low-Cost Cover for Self-Employed Persons in Case of Accidents Self-employed persons are dependent on the

More information

PENSIONS AT A GLANCE 2009: RETIREMENT INCOME SYSTEMS IN OECD COUNTRIES UNITED STATES

PENSIONS AT A GLANCE 2009: RETIREMENT INCOME SYSTEMS IN OECD COUNTRIES UNITED STATES PENSIONS AT A GLANCE 29: RETIREMENT INCOME SYSTEMS IN OECD COUNTRIES Online Country Profiles, including personal income tax and social security contributions UNITED STATES United States: pension system

More information

Income Insurance LONG-TERM DISABILITY GALENA PARK. Enhanced (SSNRA/3Y) Disability Income Plan

Income Insurance LONG-TERM DISABILITY GALENA PARK. Enhanced (SSNRA/3Y) Disability Income Plan LONG-TERM DISABILITY Income Insurance Underwritten by: American Fidelity Assurance Company GALENA PARK Enhanced (SSNRA/3Y) Disability Income Plan Coverage Options Benefits Paid Directly to You Excellent

More information

APPENDIX 5 - DETAILS OF DISABILITY INSURANCE. 1.0 Disability Insurance. Topics in this section include:

APPENDIX 5 - DETAILS OF DISABILITY INSURANCE. 1.0 Disability Insurance. Topics in this section include: APPENDIX 5 - DETAILS OF DISABILITY INSURANCE Topics in this section include: 1.0 Disability Insurance 1.1 Income covered by disability insurance 1.2 Taxation of disability benefits 1.3 Coordination of

More information

65M/F, if born before 1947 or after very long insurance duration (45 years); increasing to 67M/F, if born after 1963

65M/F, if born before 1947 or after very long insurance duration (45 years); increasing to 67M/F, if born after 1963 Prepared by Swiss Life Germany. I SUMMARY Social Security Eligibility All gainfully employed persons, except those employed with a salary of less than EUR 450 per month and persons with occasional earnings

More information

How To Get Disability Insurance From Mutual Of Omaha

How To Get Disability Insurance From Mutual Of Omaha Mutual of Omaha Insurance Company Disability Income Choice Portfolio SM MC34442 While many workers have group disability coverage through an employer, it often covers only 50 to 60 percent of their pay.

More information

GROUP INCOME PROTECTION DISABILITY COVER

GROUP INCOME PROTECTION DISABILITY COVER INCOME PROTECTION INCOME PROTECTION Income Protection products provide a monthly income for employees who are occupationally disabled for a short or long period due to illness or injury. Hospital and maternity

More information

Sweden. Qualifying conditions. Benefit calculation. Earnings-related. Key indicators. Sweden: Pension system in 2012

Sweden. Qualifying conditions. Benefit calculation. Earnings-related. Key indicators. Sweden: Pension system in 2012 Sweden Sweden: Pension system in 212 The earnings-related part is based on notional accounts and there is a small mandatory contribution to individual, defined-contribution funded pensions. There is also

More information

Your Retirement Plan

Your Retirement Plan Your Retirement Plan Special 20- and 25-Year Plans For PFRS Tier 1, 2, 3, 5 and 6 Members (Sections 384, 384-d and 384-e) New York State Office of the State Comptroller Thomas P. DiNapoli New York State

More information