Employee Benefits in Greece

Published: Sep, 2014 | Pages: 56 | Publisher: Timetric
Industry: Insurance | Report Format: Electronic (PDF)


Synopsis
The report provides in-depth industry analysis, information and insights of the employee benefits in Greece, including:
An overview of the state and compulsory benefits in Greece
Detailed information about the private benefits in Greece
Insights into various central institutions responsible for the administration of the different branches of social security 
The regulatory framework and recent regulations of the Greek employee benefits 

Summary
Greece has one of the most developed and comprehensive welfare systems in the world. The Greek government provides various social insurance and assistance schemes including insurance cover for the elderly, disability, sickness, unemployment and survivors' pension schemes. However, social assistance schemes are not provided to elderly people and repatriated citizens, who receive other public welfare services. Greek private employers also offer various benefits to employees including mobile phone benefits, gift vouchers and stock options. 
Scope
This report provides a detailed analysis of employee benefits in Greece:
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 and private benefits
It highlights the economic and regulatory situations relating to employee benefits in Greece 
Reason To Buy
 Make strategic decisions using in-depth information related to Greek employee benefits
Assess the Greek employee benefits market, including state and compulsory benefits and private benefits
Gain insights into the key employee benefit schemes offered by private employers in Greece
Gain insights into key regulations governing Greek employee benefits, and their impact on companies 
Key Highlights
 The Greek government provides various social insurance and assistance schemes including insurance cover for the elderly, disability, sickness, unemployment and survivors' pension schemes
Contributions to the social security funds are made by both employees and employers
The Greek employee benefits market is regulated by different institutions, each with their own legislation and eligibility criteria. IKA-ETAM is the main institution that governs and supervises social security related issues, including enrolment and claims settlement

 1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
3 Country Statistics
4 Overview of Employee Benefits in Greece
5 Regulations
6 State and Compulsory Benefits
6.1 Retirement Benefits
6.1.1 Introduction
6.1.2 Types of retirement plan
6.1.3 Eligibility
6.1.4 Age
6.1.5 Pensioble salary
6.1.6 Benefits
6.1.7 Payment options
6.1.8 Employee and employer contributions
6.1.9 Taxation
6.2 Death in Service
6.2.1 Introduction
6.2.2 Eligibility
6.2.3 Benefits
6.2.4 Payment options
6.2.5 Employee and employer contributions
6.2.6 Taxation
6.3 Long-term Disability Benefits
6.3.1 Introduction
6.3.2 Eligibility
6.3.3 Benefits
6.3.4 Payment options
6.3.5 Employee and employer contributions
6.3.6 Taxation
6.4 Short-term Sickness Benefits
6.4.1 Introduction
6.4.2 Eligibility
6.4.3 Benefits
6.4.4 Payment options
6.4.5 Employee and employer contributions
6.4.6 Taxation
6.5 Medical Benefits
6.5.1 Introduction
6.5.2 Eligibility
6.5.3 Benefits
6.5.4 Payment options
6.5.5 Typical employer practice
6.5.6 Employee and employer contributions
6.6 Workmen's Compensation
6.6.1 Introduction
6.6.2 Eligibility
6.6.3 Benefits
6.6.4 Payment options
6.6.5 Employee and employer contributions
6.6.6 Taxation
6.7 Maternity and Paternity Benefits
6.7.1 Introduction
6.7.2 Eligibility
6.7.3 Benefits
6.7.4 Payment options
6.7.5 Typical employer practice
6.7.6 Employee and employer contributions
6.7.7 Taxation
6.8 Family Benefits
6.8.1 Introduction
6.8.2 Eligibility
6.8.3 Benefits
6.8.4 Typical employer practice
6.8.5 Payment options
6.8.6 Employee and employer contributions
6.8.7 Taxation
6.9 Minimum Resources
6.9.1 Introduction
6.9.2 Eligibility
6.9.3 Benefits
6.9.4 Payment options
6.9.5 Employee and employer contributions
6.9.6 Taxation
6.1 Long-term Care Benefits
6.10.1 Introduction
6.10.2 Eligibility
6.10.3 Benefits
6.10.4 Payment options
6.10.5 Employee and employer contributions
6.10.6 Taxation
6.11 Unemployment
6.11.1 Introduction
6.11.2 Eligibility
6.11.3 Benefits
6.11.4 Payment options
6.11.5 Typical employer practice
6.11.6 Employee and employer contributions
6.11.7 Taxation
7 Private Benefits
7.1 Retirement Benefits
7.2 Disability Benefits
7.3 Death Benefits
7.4 Medical and Health Benefits
7.5 Other Benefits
8 Economic Indicators
8.1 Economic Performance
8.1.1 GDP at constant prices
8.1.2 GDP per capita at constant prices
8.1.3 GDP at current prices
8.1.4 GDP per capita at current prices
8.1.5 GDP by key sectors
8.1.6 Inflation rate
8.1.7 Annual average exchange rate US$-EUR
8.1.8 Unemployment rate
8.1.9 Household consumption expenditure
8.1.10 Gross tiol disposable income
8.2 Demographics
8.2.1 Labor force
8.2.2 Urban and rural populations
8.2.3 Total population
9 Appendix
9.1 Methodology
9.2 Contact Timetric
9.3 About Timetric
9.4 Timetric's Services
9.5 Disclaimer


List of Tables
Table 1: Definitions
Table 2: Greece - Country Statistics
Table 3: Greek Employee Benefits - Recent Amendments and Regulations
Table 4: Greek Social Solidarity Contribution - Deductible Rates for Retirement, Disability, Workmen's Compensation and Survivor's Benefits
Table 5: Greek Social Solidarity Contribution - Deductible Rates for Retirement, Disability, Workmen's Compensation and Survivor's Benefits (Pensioners Aged Below 60 Years)
Table 6: Greek Social Solidarity Contribution - Deductible Rates for Retirement, Disability, Workmen's Compensation and Survivor's Benefits (Pensioners Aged Below 55 Years)
Table 7: Greek Social Solidarity Contribution - Deductible Rates for Retirement, Disability, Workmen's Compensation and Survivor's Benefits
Table 8: Greek Long-term disability Benefits - Maximum Monthly Pensions (EUR)