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Sector Analysis
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Hong Kong Statutory and Private Employee Benefits, 2023 Update
Hong Kong Statutory and Private Employee Benefits Report Overview According to the March 2022 report from the Social Welfare Department of Hong Kong Statistics, the number of participants under the CSSA scheme was 302,599. The social welfare system in Hong Kong insurance provides cover to all residents in the event of disability, old age, death, unemployment, and sickness. The public pension pillar covers individuals in need of assistance. The occupational pillar, which is a compulsory defined contribution (DC) scheme, was...
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Government & Regulation
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Employee Benefits in Ghana, 2020 Update
Ghana’s social welfare system provides cover to all residents in the event of disability, old age, death, unemployment, and sickness. The public pension pillar covers individuals in need of assistance. The occupational pillar, which is a compulsory defined-contribution (DC) scheme, was launched in 2000, and the third pillar is a voluntary pension savings scheme. The Social Welfare Department (SWD) administers Ghana’s non-contributory social security system, which includes the Comprehensive Social Security Assistance (CSSA) scheme, the Social Security Allowance (SSA) scheme,...
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Government & Regulation
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Employee Benefits in Cyprus, 2020 Update
Cyprus’s social welfare system provides cover to all residents in the event of disability, old age, death, unemployment, and sickness. The public pension pillar covers individuals in need of assistance. The occupational pillar, which is a compulsory defined-contribution (DC) scheme, was launched in 2000, and the third pillar is a voluntary pension savings scheme. The Social Welfare Department (SWD) administers Cyprus’s non-contributory social security system, which includes the Comprehensive Social Security Assistance (CSSA) scheme, the Social Security Allowance (SSA) scheme,...
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