Employee Benefits in Argentina, 2022 Update - Key Regulations, Statutory Public and Private Benefits, and Industry Analysis

Employee Benefits in Argentina, 2022 Update - Key Regulations, Statutory Public and Private Benefits, and Industry Analysis

Summary

The development of Argentine social security programs and policies started in the early 20th century. At present, the system has numerous policies and programs, including compulsory social insurance and social assistance. The system provides both basic social protection and a higher level of protection. Under basic social protection, family allowance and retirement benefits are provided to families and workers employed in the informal sector, while compulsory contributory insurance schemes are provided under a higher level of protection systems.

The report provides in-depth industry analysis, information, and insights of the employee benefits in Argentina, including an overview of the state and compulsory benefits in Argentina, detailed information about the private benefits in Argentina, insights on various central institutions responsible for the administration of the different branches of social security and the regulatory framework of the employee benefits in Argentina.

Key Highlights

• The ANSES, Ministry of Labor, Employment and Social Security, Ministry of Health, and Superintendent of Health Services are responsible for the functioning of the overall social security system.
• A person’s national insurance contribution is determined based on their income.
• An insured person who is unemployed or unable to work and whose benefits have been exhausted is entitled to credited contribution.
• In the Argentina, employers provide voluntary retirement benefits to their employees through occupational pension schemes, master trust and automatic enrollment.

Scope

This report provides a detailed analysis of employee benefits in Argentina -

• 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, long-term disability benefits, medical benefits, workmen's compensation insurance, maternity and paternity benefits, family benefits, unemployment, leaves and holidays and private benefits
• It highlights the economic and regulatory situations relating to employee benefits in Argentina

Reasons to Buy

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