Year: 2020

Mexico

Mexican women plan a nationwide strike against gender-based violence

On 9 March 2020, many Mexican female employees will be participating in a high-profile strike against gender-based violence. Background It is estimated that around 10 women are murdered every day in Mexico. Several nationwide weekend protests have been held over […]

Peru

Peru introduces compulsory life insurance from the start of employment

On 29 December 2019, the government of Peru issued Emergency Decree No. 044-2019 to improve measures protecting the health and safety of employees. The new regulation mandates employers to provide employees with compulsory life insurance from the start of employment. The […]

Coronavirus

Coronavirus: What are the obligations of an employer

Lockton is closely monitoring the coronavirus outbreak on behalf of our clients. The situation is fast-developing, and local health agencies should be consulted for the latest news and directives. On Jan. 8, a new coronavirus, “2019-novel coronavirus (2019-nCoV),” was identified […]

Bermuda

Bermuda amends national pension scheme

On 30 December 2019, Bermuda government passed the National Pension Scheme (Occupational Pensions) Amendment Act 2019 (NPS), which enhances the registration and maintenance of occupational pension plans and introduces new provisions related to foreign workers to ensure that local Bermudians […]

Bermuda

Bermuda expands parental and annual leave benefits

The Government of Bermuda passed the Employment (Maternity Leave Extension and Paternity Leave) Amendment Act 2019 (the Act) which: Introduces a five-day employer-paid statutory paternity leave. Expands statutory maternity leave from 12 weeks (eight weeks paid and four weeks unpaid […]

Australia

Australia ends salary sacrifice superannuation loophole

On 28 October 2019, the Australian parliament approved new legislation intended to end the current loophole that allows employers to use their employees’ salary sacrifice contributions to reduce their minimum compulsory Superannuation Guarantee (SG) contributions. The bill entered into effect […]

South Korea

South Korea to implement universal corporate pension system

The Korean government passed a bill mandating all companies established in South Korea contribute to a compulsory corporate pension plan, including defined contribution, defined benefit and individual retirement pension plans. The new law is expected to enter into force in […]