Promoting jobs, protecting people
Database of national labour, social security and related human rights legislation

Liechtenstein > Banking, finance, insurance workers

Show abstract/citation:

Filtered by:
Country: Liechtenstein - Subject: Banking, finance, insurance workers

  1. Liechtenstein - Banking, finance, insurance workers - Law, Act

    Ordinance of 19 October 1988 issued under the Act of 20 October 1987 (LGBl. 1988, No. 12).

    Adoption: 1988-10-19 | Date of entry into force: 1989-01-01 | LIE-1988-L-7352

    Concerns insurance in case of accident, widowhood, invalidity: contains provisions on financial and verification aspects of schemes. Employee contributions are limited to 10 per cent of a fund's holdings (s. 25(2)).

  2. Liechtenstein - Banking, finance, insurance workers - Law, Act

    Act of 20 October 1987 on employee welfare protection provided by enterprises.

    Adoption: 1987-10-20 | LIE-1987-L-6146

    This Act requires, with certain exceptions, every employer who is liable to pay contributions under the Act on old-age and survivors, pensions and whose payroll is above a set level to provide for old-age, disability and survivors' pensions for his or her current employees (ss. 3 and 4). Such employers are to insure against the economic consequences of invalidity where the employee has reached 17 years of age, of death where the employee has reached that age and has a dependant wife or child, and of old-age where the employee has reached 24 years of age and has a non-fixed-term contract of employment. A contract which has extended beyond nine months or beyond the length of its original term is considered to be indefinite. The Act also permits self-employed persons to be insured (s. 5). Part II governs calculation of wage levels, contributions, minimum benefits, financing, and cashing-out of accrued amounts (s. 11-12). The normal retirement age is set at 65 years of age for men and 62 years of age for women (s. 8(1)). Part III governs organisation and implementation (including disclosure of information) and Part IV addresses supervision and applicable law. With the entry into force of this Act on 1 Jan. 1989, ss. 39(4) and 40 of s. 1173a of the general civil Code, as amended, are repealed.

  3. Liechtenstein - Banking, finance, insurance workers - Law, Act

    Act of 24 June 1987 amending the Act [of 17 November 1982] on pension insurance and savings schemes for public officials, employees and teachers.

    Adoption: 1987-06-24 | LIE-1987-L-3848

    Amends ss. 3(3), 10(4) and 44(1), particularly in regard to inclusion of persons not already covered. In particular, contains provisions regarding the definition of apprenticeship, the duration of the contract, apprenticeship training centres, obligations of the employer and remuneration of the apprentice.

© Copyright and permissions 1996-2014 International Labour Organization (ILO) | Privacy policy | Disclaimer