Boston, MA -- (SBWIRE) -- 10/02/2014 -- Brazil has a well-developed social security system, and both employers and employees contribute to social security schemes in the country, with employers' contributions typically much greater than those of employees. Brazilian employees primarily contribute to six statutory social security organizations: the statutory pension insurance fund, the statutory death insurance fund, the statutory short-term sickness fund, the statutory long-term disability fund, the statutory maternity fund, and statutory family benefits. The Brazilian government is responsible for the payment of benefits such as medical benefits and workmen compensation insurance.

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Report Highlights

- The Brazilian social security system is based on three main pillars, ensuring that people in the county are covered against general risks.
- The first pillar is the contributory social insurance policy, affiliation to which is mandatory for all employees
- The social assistance program constitutes the second pillar
- The third pillar of social security includes the health policy, managed by the Unified Health System
- In Brazil, private benefits are paid through two main types of corporate pension vehicles: closed and open pension plans

Report Scope

This report provides a detailed analysis of employee benefits in Brazil:

- 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 insurance, maternity and paternity benefits, family benefits, unemployment and private benefits
- It highlights the economic and regulatory situations relating to employee benefits in Brazil

Reasons to Get this Report

- Make strategic decisions using in-depth information related to Brazilian employee benefits
- Assess the Brazilian employee benefits market, including state and compulsory benefits and private benefits
- Gain insights into the key employee benefit schemes offered by private employers in Brazil
- Gain insights into key regulations governing Brazilian employee benefits, and their impact on companies

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