Official / Corporate

Israel: Adjustment grant to the 67-year-old and older - Unemployment benefits following the Corona crisis

Submitted by siha on

National Insurance Institute (13.05.2020) Adjustment grant to the 67-year-old and older: Those who have reached the age of 67 and who is fired or whose employer issued it to the USSR in March, April or May 2020 following the Corona crisis may be eligible for grants if he meets the eligibility conditions. The amount of the grant is determined by your income from retirement pension. The maximum amount is NIS 2,000 for March, and  NIS 4,000 for April and May.

Regions / Country
israel
Global challenges
Topics
Unemployment
Cash transfers

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Hungary: Social security contribution exemption/reduction in response to COVID-19 - KPMG Global

Submitted by siha on

KPMG Global (04.05.2020) Modified social security contribution rules shall be applied for the period of March-June 2020 to the specified sectors (Hospitality and tourism; Entertainment, film industry, performing arts; Sports services; Event organization; Gambling).

Regions / Country
hungary
Global challenges
Topics
Financial crisis
Document Type

Finland: Pen­sion cont­ri­bu­tions tem­po­ra­ri­ly lowe­red

Submitted by siha on

Fin­nish Cent­re for Pen­sions (06.04.2020) Emplo­yers’ ear­nings-re­la­ted pen­sion cont­ri­bu­tions have been tem­po­ra­ri­ly lowe­red by around 2% (until the end of the year). This mea­su­re is fi­nanced by cut­ting into the EMU buf­fer (to a value of €900 mil­lion).

Regions / Country
finland
Global challenges
Topics
Contribution collection and compliance
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Finland: Processing of unemployment benefit applications to be accelerated

Submitted by siha on

Ministry of Social Affairs and Health (08.05.2020) Based on a temporary amendment, unemployment benefit can be paid without a decision, as an advance payment, for a period of six months instead of the current period of two months. The President of the Republic approved the act on temporary derogations from the Unemployment Security Act due to the coronavirus epidemic. The act will enter into force on 11 May 2020 and it will remain in force until 31 October 2020.

Regions / Country
finland
Global challenges
Topics
Unemployment
Cash transfers
Document Type

Uruguay: Actualización de información en relación al coronavirus COVID-19

Submitted by cambrosio on

gub.uy (19.03.2020)

El Ministerio de Economía y Finanzas (MEF) anunció que aplazará el vencimiento de pagos de BPS y la DGI. Los aportes patronales al BPS con vencimientos en marzo y abril de los monotributistas, las unipersonales y las sociedades personales con hasta 10 empleados podrán ser abonados en un 60% en junio. El 40% restante será subsidiado totalmente por el Estado, según anunció la ministra Arbeleche.

Regions / Country
uruguay
Global challenges
Topics
Contribution collection and compliance
Document Type

Australia: Early access to your super | Australian Taxation Office

Submitted by siha on

Australian Taxation Office (04.05.2020) COVID-19 – early release of superannuation: Individuals financially affected by COVID-19 can access some of their superannuation early. The withdrawal is tax free. 

Eligible Australian and New Zealand citizens and permanent residents are able to apply to access up to:

  • $10,000 of their super until 30 June 2020
  • a further $10,000 from 1 July 2020 until 24 September 2020.

To apply for early release, you must be unemployed or satisfy one of the requirements.

Regions / Country
australia
Global challenges
Topics
Unemployment
Cash transfers
Document Type

Australia: Economic Support Payment - Services Australia

Submitted by siha on

Services Australia (08.05.2020) Economic Support Payment: The first Economic Support Payment is a one-off payment of $750. You’ll get it if you were living in Australia between 12 March 2020 and 13 April 2020 and either:

Regions / Country
australia
Global challenges
Topics
Cash transfers
Document Type

Bermuda: Unemployment Benefit update | Government of Bermuda

Submitted by siha on

Government of Bermuda (03.04.2020) Unemployment Benefit is newly established and administered through the Department of Workforce Development. The Covid – 19 Unemployment Benefit is for full-time (more than 15 hours per week) employees not currently on Financial Assistance and provides a payment of 60% of their weekly gross salary up to a maximum of $500 per week. The benefit is for a maximum of 12 weeks in total per employee from the date of application.

Regions / Country
bermuda
Topics
Unemployment
Cash transfers
Document Type