earning-related

The voluntary earning-related part for employees is jointly financed by employers and employees.

In addition, all employees are entitled to benefits based on employment, such as earning-related pension and benefits for employment-related injuries.

The United States has the shortest maximum duration for its earning-related benefits — 39 weeks of benefit in high-unemployment areas.

Invalidity pension is a compulsory social insurance scheme for employees and certain groups of self-employed persons with earning-related cash benefits.

Adequate Resources The purpose of the national pension is to guarantee a minimum income for all pensioners by supplementing earning-related pensions which are low.

Maternity/Paternity benefits are earning-related benefits for working parents and tax-financed flat-rate benefits for non-active parents.

Social insurance based scheme with entitlement A social insurance scheme financed by global based upon economic activity and payment of contributions that provides an earning-related contributions.

The main aim of the reform was to ensure the solvency of the earning-related pensions systems as life expectancy grows, to encourage people to stay in work longer, and to simplify the pension system.

Response to the 1999 Council recommendations Some first steps have been taken to reduce the taxation on labour by raising the starting point for paying state tax and by reducing the tax contribution for financing earning-related and supplementary pensions of low and medium wage earners.

After one year of uninterrupted membership of an unemployment fund and six months of half-time work, the worker is entitled to receive an earning-related daily allowance up to 80% of his or her normal income (with a maximum of 680 SEK per day).

They consist of: the child disability allowance (up to the age of 16), the disability allowance (from the age of 16), the different kinds of rehabilitation allowances provided under the earning-related pensions scheme, or by the Social Insurance Institution of Finland.