Title: Peru Employee Benefits Market Analysis & Overview
1Employee Benefits in Peru
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2Employee Benefits in Peru
- Synopsis
- The social security system in Peru is still
undergoing significant change, with low social
security contributions due to the informal nature
of the labor market as most of the workers are
self-employed and lack of information and
valuation within the system. In the early 1990s,
during the country's financial crisis and the
near-collapse of the Sistema Nacional de Pensions
(state-run pension system or SNP), the social
security system introduced the Sistema Privado de
Pensions (private pension system, or SPP) to
offer benefits in the event of old age,
disability and death. - The SPP is administered by private entities -
Administradora de Fondo de Pensions (pension fund
administrators, or AFP). The SNP functions as a
defined-benefit (DB) system and the SPP functions
as a defined contribution (DC) system. The
participation of private health contractors was
promoted through a complementary scheme, under
the supervision of the then Superintendent of
Health Service Company (SEPS).
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3Employee Benefits in Peru
- Summary
- The report provides in-depth industry analysis,
information and insights into employee benefits
in Peru, including - An overview of state and compulsory benefits in
Peru - Detailed information about private benefits in
Peru - Insights into various central institutions
responsible for the administration of the
different branches of social security - The regulatory framework of employee benefits in
Peru - Inquire more on this report _at_ http//marketreports
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4Employee Benefits in Peru
- Scope
- This report provides a detailed analysis of
employee benefits in Peru - 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 benefits, medical benefits,
workmen's compensation, maternity and paternity
benefits and private benefits - It highlights the economic and regulatory
situations relating to employee benefits in Peru - Complete reports is available _at_
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5Employee Benefits in Peru
- Reasons To Buy
- Make strategic decisions using in-depth
information related to employee benefits in Peru - Assess Peru'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 Peru - Gain insights into key organizations governing
Peru's employee benefits, and their impact on
companies - Buy the copy of this report _at_ http//marketreports
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6Employee Benefits in Peru
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