The government of New Zealand introduced a tax omnibus bill that amends several tax acts to include some minor changes to the KiwiSaver regime. The changes aim to improve and modernize the administration of the tax system. The Taxation Bill […]
The government of Belgium passed a law introducing voluntary supplementary pensions for employees (VAPW). The new regulation gives employees the right to make payroll contributions to an individual supplementary pension plan with a provider of their choice if they do […]
On 20 December 2018, the Telecommuting Act (Republic Act No. 11165, the “Act”) was signed into law by President Rodrigo Duterte. The new law allows private sector employees to telecommute or work from home on a voluntary basis. The new […]
The government of Mali has introduced a bill for universal health insurance, known as Regime d’Assurance Maladie Universelle, or RAMU. RAMU aims to provide the entire Malian population with a single health insurance plan, in accordance with Article 17 of […]
As of 1 January 2019, the Ukrainian government increased the minimum statutory monthly wage from UAH 3,723 to UAH 4,173. Additionally, Ukraine increased financial penalties against employers who breach employment laws, such as failure to pay salaries in a timely […]
Amendments are in progress to the Enforcement Decree of the Insurance Business Act and the Regulation on the Supervision of Insurance Business to capture and encourage online insurance exchange platforms, streamlining processes and reducing costs for individuals and groups seeking […]
As of 1 January 2019, pension coverage has been extended to the self-employed and liberal professions through new supplementary pension schemes. Article 8 of the new pension reform law has, since 21 August 2018, reduced the maximum period of employment […]
On 12 December 2018, the Hungarian parliament adopted amendments to the Hungarian Labor Code to address the country’s growing labor shortage and improve economic growth. The amendments went into effect 1 January 2019. The most controversial change is to the […]
Effective 18 January 2019, the Employment (Amendment No. 3) Ordinance 2018, increased Hong Kong statutory paternity leave from three days to five days. The daily rate of statutory paternity leave pay (80 percent of the daily average wages of the […]
Hong Kong’s Executive Council recently approved a statutory minimum hourly wage increase of 8.7 percent, or HKD 3.00, per hour. If approved by the Hong Kong Legislative Council, the minimum hourly wage would rise from HKD 34.50 to HKD 37.50 […]