Retirement pensions cover the loss of income suffered by workers who stop working either totally or in part due to age.
The invalidity pension attempts to cover loss of earnings of anyone affected by a pathological or traumatic condition caused by illness or accident making it unlikely that they can work again.
To be eligible for this benefit, workers must meet a series of requirements:
Specific rules apply to part-time workers.
Specific levels of invalidity apply, which determine the amount of benefit paid.
The benefits for death aim to provide financial assistance to the people who depended financially upon the deceased person.
Beneficiaries: Surviving spouse, orphans or, in some cases, family members of the deceased worker
Text last edited on: 08/2010
Looking for an international business opportunity? Why not run an AngloINFO site?
AngloINFO is growing fast and is looking for the right people to take on regional AngloINFO franchises around the world - click here to find out more!
AngloINFO Franchising: Be your own boss - where you want to be!
Do you dream of having your own, profitable, easy-to-operate business? AngloINFO might be the solution!
Now in its twelfth year of business, AngloINFO is the world's leading network of expat information websites - with over three million monthly visitors from around the world.
We have an established network of 81 local websites in 37 countries with many more in development.
Our 54 local franchisees are the key to our success and come from a huge range of backgrounds, ages and nationalities. The common factor is a passion for success.