The report provides in-depth industry analysis, information and insights of the employee benefits in Malta, including: overview of the state and compulsory benefits in Malta, detailed information about the private benefits in Malta, insights on various central institutions responsible for the administration of the different branches of social security and the regulatory framework of the employee benefits in Malta.
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This report provides a detailed analysis of employee benefits in Malta:
• 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, long-term disability benefits, short-term sickness benefits, medical benefits, workmen's compensation insurance, maternity benefits, family benefits, minimum resources, long-term care benefits, unemployment benefits, leave and private benefits
Table Of Contents:
1 Executive Summary
3 Country Statistics
4 Overview of Employee Benefits in Malta
6 State and Compulsory Benefits
7 Private Benefits
8 Macroeconomic Indicators
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The Maltese economy is one of the smallest in the EU. The country’s gross domestic product (GDP) at constant prices declined by 2.7% in 2009 due to the global financial crisis. The crisis had a negative impact on Malta’s industrial development and other economic activities, which resulted in increased social spending, especially on unemployment benefits. GDP also remained weak during 2010–2012 due to the sovereign debt crisis in the EU and aftereffects of the global financial crisis. However, the country has managed to post an annual GDP growth of 2.7% in 2013 in terms of...