Report cover image

Netherlands Statutory and Private Employee Benefits (including Social Security) - Insights into Statutory Employee Benefits such as Retirement Benefits, Long-term and Short-term Sickness Benefits, Medical Benefits as well as Other State and Private Benefi

Publisher GlobalData
Published Apr 11, 2023
Length 54 Pages
SKU # GBDT17972418

Description

Netherlands Statutory and Private Employee Benefits (including Social Security) - Insights into Statutory Employee Benefits such as Retirement Benefits, Long-term and Short-term Sickness Benefits, Medical Benefits as well as Other State and Private Benefits, 2023 Update


Summary

The report provides in-depth industry analysis, information, and insights of the employee benefits in Netherlands, including an overview of the state and compulsory benefits in Netherlands, detailed information about the private benefits in Netherlands, 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 Netherlands.

The Dutch social security system is one of the most comprehensive in Europe and is based on social insurance and supplementary income support schemes. It can be classified into three types: national insurance schemes, which consist of old-age pension (AOW) and child benefits (AKW); employee insurance schemes, which include unemployment benefits, long-term disability (WIA), and sickness (ZW); and social assistance. Contributions to national insurance schemes are based on an individual’s income. For employee insurance schemes, employers pay the majority of contributions, with employees paying a proportion of their wages. Employees need a Burger Service Number (BSN, previously known as a Sofi number) to register in the financial, tax, and social system.

Key Highlights
  • The de Nederlandsche Bank (DNB), Dutch Authority for the Financial Markets (AFM), Belastingdienst (Tax Authority), and The Ministry of Social Affairs and Employment 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 Netherlands, employers provide voluntary retirement benefits to their employees through collective pension schemes and lifetime-average earnings plans.
Scope

This report provides a detailed analysis of employee benefits in the Netherlands -
  • 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, Long-Term care, minimum resources, unemployment, leaves and holidays and private benefits
  • It highlights the economic and regulatory situations relating to employee benefits in the Netherlands
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

Table of Contents

54 Pages
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 Netherlands
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 Benefits
Long-term care Benefits
Minimum Resources Benefits
Unemployment benefits
Leaves and Holidays
7. Private Benefits
7.1 Retirement Benefits
7.2 Death Benefits
7.3 Disability Benefits
7.4 Medical Benefits
7.5 Accidental Death and Dismemberment Benefits
7.6 Other Benefits
About GlobalData
Contact Us
List of Tables
Table 1: The Netherlands - Minimum wage based on the age of the beneficiary, 2023
Table 2: The Netherlands - Minimum wage based on the full-time weekly work of the beneficiary, 2023
Table 3: Insurance Industry Definitions
Table 4: The Netherlands - Country Statistics, 2022
Table 5: The Netherlands - Minimum wage based on the age of the beneficiary, 2023
Table 6: The Netherlands - Minimum wage based on the full-time weekly work of the beneficiary, 2023
Table 7: The Netherlands - The Three Pillars of the Dutch Pension System
Table 8: The Netherlands - Monthly benefits paid to survivors in 2023
Table 9: The Netherlands - Monthly benefits paid to orphans in 2023
Table 10: The Netherlands - Benefits Paid Under the WAO Act
Table 11: The Netherlands - Benefits Paid Under the Wajong Act
Table 12: The Netherlands - Follow-up Benefits Paid Under the WGA Act
Table 13: The Netherlands - Child Benefits
Table 14: The Netherlands - Child-Related Allowances
Table 15: The Netherlands - Long-term Care Benefits In-Kind
Table 16: The Netherlands - Benefits Act (Toeslagenwet - TW)
Table 17: The Netherlands - Public Holidays 2023
Table 18: The Netherlands - Payment Percentage

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us