Research and Markets: Employee Benefits in Ireland 2014 - Analysis of Both Private and State Benefits

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/k43tjc/employee_benefits) has announced the addition of the "Employee Benefits in Ireland" report to their offering.

The Irish social security system covers company employees, self-employed persons, the unemployed, people with less than minimum resources and dependent family members of deceased employees. The Irish social welfare system is divided into social insurance payments, means-tested payments and universal payments. The payment of social insurance is mandatory; both employers and employees must contribute pay related social insurance (PRSI) contributions to the national Social Insurance Fund (SIF).

Self-employed persons pay Class S social insurance contributions directly to the Revenue Commissioners, although these are not required to after the age of 66. A range of state benefits are available for Irish residents, which are subject to a number of conditions other than social insurance contribution requirements. Companies across the country also provide customized private benefits to their employees as a supplement to state benefits.

Key Highlights

  • The Ireland social security system covers a large proportion of the population, and plays a significant role in the country's employee benefits market
  • The social security system consists of eleven branches, which form the pillars of the social security system.
  • The main state and compulsory benefits in force in Ireland include: old age, survivor's and disability pension; unemployment benefits; short-term sickness benefits; workmen's compensation insurance; insurance for occupational diseases; long-term care insurance; family benefits; maternity benefits; compulsory insurance for medical care and benefits; and minimum resource benefits.
  • Both social security and private employee benefits are popular in Ireland.
  • Private benefits provide access to a range of services that improve employees' quality of life.

Key Topics Covered:

1 Executive Summary

2 Introduction

3 Country Statistics

4 Overview of Employee Benefits in Ireland

5 Regulations

6 State and Compulsory Benefits

7 Private Benefits

8 Macroeconomic Indicators

9 Appendix

For more information visit http://www.researchandmarkets.com/research/k43tjc/employee_benefits

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Fax (outside U.S.): +353-1-481-1716
Sector: Insurance

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Insurance