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Zambian Employee Benefits - Reports Cue

The Zambian social security system is based on the social insurance model and provides protection against income loss due to retirement, disability and death. All employed individuals in the formal sector are required to contribute to statutory pension scheme. Individuals not covered by the scheme can contribute voluntarily. The combined asset size of the statutory pension scheme was estimated to be ZMW6.0 billion (US$1.0 billion) in 2012, while the voluntary pension’s combined asset-size was ZMW3.2 billion (US$549.0 million). Get more details of report at: http://www.reportscue.com/employee-benefits-in-zambia-market

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Zambian Employee Benefits - Reports Cue

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  1. Main Title Market Research Report Employee Benefits in Zambia ©reportscue

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

  3. Report Overview:The Zambian social security system is based on the social insurance model and provides protection against income loss due to retirement, disability and death. All employed individuals in the formal sector are required to contribute to statutory pension scheme. Individuals not covered by the scheme can contribute voluntarily. The combined asset size of the statutory pension scheme was estimated to be ZMW6.0 billion (US$1.0 billion) in 2012, while the voluntary pension’s combined asset-size was ZMW3.2 billion (US$549.0 million). However, the insurance industry’s growth was recently affected by bottlenecks such as its legal framework, fiscal regime and investment climate, which are expected to be addressed by the Pensions and Insurance Authority in 2015.

  4. Scope : This report provides a detailed analysis of employee benefits in Zambia:• 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, medical benefits, workmen’s compensation, maternity and paternity benefits, and annual vacations• It highlights the economic situations relating to employee benefits in Zambia

  5. Key Highlights :• The Zambian social security system is based on the social insurance model and provides protection against income loss due to retirement, disability and death.• All employed individuals in the formal sector are required to contribute to statutory pension scheme. • Retirement benefits, death benefits, disability benefits, short-term sickness benefits, maternity benefits and workmen’s compensation benefits form a part of state and compulsory benefits in Zambia.• Incentive pay, travel insurance, transport, relocation benefits, life insurance benefits and group accidental benefits are examples of private benefits. 

  6. Table of Contents: 1 Executive Summary 2 Introduction3 Country Statistics 4 Overview of Employee Benefits in Zambia 5 State and Compulsory Benefits6 Private Benefits7 Macroeconomic Indicators8 Appendix

  7. Reason To Buy :• Make strategic decisions using in-depth information related to employee benefits in Zambia• Assess the Zambia’s employee benefits market, including state and compulsory benefits and private benefits• Gain insights into the key employee benefit schemes offered by private employers in Zambia• Gain insights into key organizations governing Zambia’s employee benefits, and their impact on companies To Get Details: http://www.reportscue.com/employee-benefits-in-zambia-market

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