The report provides in-depth industry analysis, information, and insights of the employee benefits in the Czech Republic, including an overview of the state and compulsory benefits in the Czech Republic, detailed information about the private benefits in the Czech Republic, 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 the Czech Republic.
The Czech Republic has a well-developed social security system, and employers, employees, and self-employed persons contribute to social security schemes. The Czech social security system is built on three pillars: compulsory social insurance, state social support system, and social assistance. Compulsory social insurance covers pension insurance, health insurance, and the national employment policy system. The non-contributory state social support system supports families with dependent children. The final pillar, tax-financed social assistance provides benefits to persons with disabilities and assistance to those with insufficient income. The sickness insurance scheme is obligatory for employees and voluntary for self-employed persons. Some groups such as students and women on maternity leave are insured without contributions if certain conditions are met.
Key Highlights
Czech Social Security Administration, and Minister of Labour and Social Affairs 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 a credited contribution.
In the Czech Republic, employers provide voluntary retirement benefits to their employees through occupational pension scheme
Scope
This report provides a detailed analysis of employee benefits in the Czech Republic -
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, long term care, minimum resources, leaves, and holidays and private benefits
It highlights the economic and regulatory situations relating to employee benefits in the Czech Republic
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
1 Executive Summary
2 Introduction
2.1 What is this Report about?
2.2 Definitions
3 Country Statistics
4 Overview of Employee Benefits in the Czech Republic
5 Regulations
6 State and Compulsory Benefits
6.1 Retirement Benefits
Introduction
Eligibility
Benefits
Payment Options
Contribution
6.2 Death in Service
Introduction
Eligibility
Benefits
Payment Options
Contribution
6.3 Long-Term Disability Benefits
Introduction
Eligibility
Benefits
Payment Options
Contribution
6.4 Short-Term Sickness Benefits
Introduction
Eligibility
Benefits
Payment Options
Contribution
6.5 Medical Benefits
Introduction
Eligibility
Benefits
Payment Options
Contribution
6.6 Workers’ Compensation Insurance
Introduction
Eligibility
Benefits
Payment Options
Contribution
6.7 Maternity and Paternity Benefits
Introduction
Eligibility
Benefits
Payment Options
Contribution
6.8 Other Benefits
Family Benefit
Unemployment Benefits
Long-Term Care Benefits
Minimum Resources Benefits
Leaves and Holidays
7 Private Benefits
7.1 Retirement Benefits
7.2 Death Benefits
7.3 Medical benefits
7.4 Disability Benefits
7.5 Accidental Death and Dismemberment Benefits
7.6 Other Benefits
8 About GlobalData
9 Contact Us
List of Tables
Table 1: Insurance Industry Definitions
Table 2: The Czech Republic – Country Statistics, 2024
Table 3: The Czech Republic – Insurance Period for Old-Age Pension Entitlement
Table 4: The Czech Republic – Qualifying Period for Long-Term Disability Benefit
Table 5: The Czech Republic – Degree of Disability
Table 6: The Czech Republic – Widow or Widower Pension Benefits
Table 7: The Czech Republic – Orphan’s Pension Benefits
Table 8: The Czech Republic – Minimum Pension
Table 9: The Czech Republic – Personal Assessment Base for Long-Term Disability Benefits
Table 10: The Czech Republic – Child Allowance
Table 11: The Czech Republic – Unemployment Allowance in the Absence of Income Proof
Table 12: The Czech Republic – Levels of Dependency
Table 13: The Czech Republic – Benefits In-Kind
Table 14: The Czech Republic – Care Allowances
Table 15: The Czech Republic – Public Holidays 2024