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Date Created: 12/18/15
Employee Benefits in Bulgaria Synopsis The report provides in-depth industry analysis, information and insights into employee benefits in Bulgaria, including: An overview of state and compulsory benefits in Bulgaria Detailed information on private benefits in Bulgaria Insights into various central institutions responsible for the administration of the different branches of social security The regulatory framework and recent regulations relating to Bulgarian employee benefits Executive summary The National Social Security Institute (NSSI) is responsible for managing all the social security schemes in the Republic of Bulgaria. It administers mandatory social security schemes such as sickness, maternity, occupational diseases, workplace accidents, disability, old-age and survivor’s pensions. Irrespective of whether a person is employed, unemployed or self-employed, Bulgarians are covered under certain social security schemes. In Bulgaria, the pension system is classified into four pillars: the pay-as-you-go (PAYG) public pension insurance scheme, which is mandatory; supplementary compulsory pension insurance, which is divided into the Universal Pension Fund and the Professional Pension Fund; voluntary pension funds; and voluntary occupational schemes regulated by the Institutions for Occupational Retirement Provision (IORP) directive. Voluntary occupational schemes are managed by pension fund companies. Scope This report provides a detailed analysis of employee benefits in Bulgaria: 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, long-term care benefits and private benefits It highlights the economic and regulatory situations relating to employee benefits in Bulgaria Reasons to buy Make strategic decisions using in-depth information related to Bulgarian employee benefits Assess the Bulgarian employee benefits market, including state and compulsory benefits and private benefits Gain insights into the key employee benefit schemes offered by private employers in Bulgaria Gain insights into key regulations governing Bulgarian employee benefits, and their impact on companies Key highlights Social protection in Bulgaria consists of a social insurance scheme, which acts as a classic contribution, non-contributory scheme, and a social assistance scheme Public social insurance schemes are responsible for providing cash benefits and pensions in the event of sickness, occupational disease, old age, death, invalidity, accident at workplace and maternity Social assistance provides protection against poverty by covering family benefits, under Bulgarian legislation Insurance and tax-financed schemes are the most common within the Bulgarian health model Private pension benefits come under the third and the fourth pillars, which are classified as voluntary pension funds and voluntary occupational schemes Meal vouchers, business travel allowances, employee assistance programs and flexi-time are examples of typical fringe benefits in the country 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 Bulgaria 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 Benefits 6.1.5 Payment Options 6.1.6 Employee And Employer Contributions 6.1.7 Taxation 6.2 Death In Service 6.2.1 Introduction 6.2.2 Eligibility 6.2.3 Benefits Employee Benefits in Bulgaria 6.2.4 Employee And Employer Contributions 6.2.5 Taxation 6.3 Long-term Disability Benefits 6.3.1 Introduction 6.3.2 Eligibility 6.3.3 Benefits 6.3.4 Employee And Employer Contributions 6.3.5 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 Typical Employer Practice 6.4.6 Employee And Employer Contributions 6.4.7 Taxation 6.5 Medical Benefits 6.5.1 Introduction 6.5.2 Eligibility 6.5.3 Benefits 6.5.4 Typical Employer Practice 6.5.5 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 Employee And Employer Contributions 6.7.6 Taxation 6.8 Family Benefits 6.8.1 Introduction 6.8.2 Eligibility 6.8.3 Benefits 6.8.4 Payment Options 6.8.5 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 Employer Contributions 6.9.6 Taxation 6.1 Unemployment 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 Long-term Care Benefits 6.11.1 Introduction 6.11.2 Eligibility 6.11.3 Benefits 6.11.4 Payment Options 6.11.5 Taxation 7 Private Benefits 7.1 Medical And Health Benefits 7.2 Other Benefits Employee Benefits in Bulgaria 8 Macroeconomic Indicators 8.1 Economic Performance 8.1.1 Gdp At Constant Prices (us$) 8.1.2 Gdp Per Capita At Constant Prices (us$) 8.1.3 Gdp At Current Prices (us$) 8.1.4 Gdp Per Capita At Current Prices (us$) 8.1.5 Inflation Rate 8.1.6 Annual Average Exchange Rate Us$–bgn 8.1.7 Gross National Disposable Income 8.2 Demographics 8.2.1 Total Population 8.2.2 Labor Force 8.2.3 Urban And Rural Populations 9 Appendix 9.1 Methodology 9.2 Contact Timetric 9.3 About Timetric 9.4 Timetric’s Services 9.5 Disclaimer ResearchMoz(http://www.researchmoz.us/) is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price. Contact: M/s Sheela, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-997-4948 Email: email@example.com Website: http://www.researchmoz.us/ Employee Benefits in Bulgaria
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