Slovakia

Slovakia

Slovakia reforms its pension system

The Slovak government recently introduced a reform to its pension system to increase retirement savings and benefits. The reform introduces several amendments to the first pillar of the retirement program, including the introduction of a new parental pension supplement, elimination changes to the normal retirement age cap, and the possibility of early retirement. Additionally, the reform introduces several changes to the second pillar of the retirement program including the automatic enrollment of first-time workers under the age of 40 and a change in the default investment option. The changes are effective 1 January 2023.

Globe

New remote working legislation around the world [Updated]

With the rise of technology, work from home has been a steadily growing trend for many years. Remote working has exploded since Spring 2020 with quarantines, workplace closures and lockdowns due to the COVID-19 pandemic, at least for jobs and industries that do not always require workers to be on-site.

This abrupt worldwide shift to remote work sparked new logistical and structural legal challenges that warranted many countries to pass teleworking legislation, some of which is summarized in this article.

New teleworking legislation varies widely across the countries. While some countries introduced their first teleworking general legal framework, other countries passed more detailed measures. This article will only cover permanent teleworking legislation that has entered into effect since the beginning of the pandemic in March 2020. Temporary COVID-19 related measures, as well as proposed legislation not yet passed as of the publication of this article will not be addressed.

Slovakia

Slovakia introduces changes to labor code

The government of Slovakia introduced several amendments to the labor code, including new regulations on teleworking and meal benefits, a basis for dismissal at retirement age, and other employment matters. While permanent, most changes came about as adaptations to the […]

Slovakia to require Recreation Benefit

Starting from 1 January 2019, employers with at least 50 employees will be required to pay up to 55 percent of eligible recreation costs. The employer shall reimburse a maximum of EUR 275 per year (tax-free) when employees spend up […]