Global News Briefs - Towers Watson - Willis Towers Watson

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Updates on timely compensation and benefit issues around the world; delivers news as changes occur and aggregates the updates in a monthly newsletter
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- Canada: Major 2019 benefit changes to include Canada Labor Code amendments and pay equity legislation
  January 29, 2019
  
  Recent amendments to the Canada Labor Code introduce changes relevant to the design and administration of group benefits, time off and retirement programs.
- Mexico: Psychosocial workplace risks the focus of new mandate increasing employer accountability
  January 25, 2019
  
  A new labor standard in Mexico addresses psychosocial factors that cause severe stress and anxiety, affecting employees’ physical and mental wellbeing.
- Nigeria: New voluntary pension contribution guidelines establish uniform rules, clarify previous reforms
  January 16, 2019
  
  New guidelines in Nigeria establish uniform rules for voluntary contributions made to Retirement Savings Accounts and certain employer-sponsored retirement plans.
- Thailand: Changes to Labor Protection Act will increase maximum severance and more
  January 11, 2019
  
  Thailand’s approved amendments to the Labor Protection Act will enhance maternity and business (personal) leave and increase the maximum severance benefit for some.
- Vietnam: Foreign workers now subject to compulsory participation in social security
  December 27, 2018
  
  Vietnam will require foreign workers to fully participate in the social security system, raising costs for employers.
- Philippines: Expanded maternity leave law awaits President Duterte’s sign off
  December 21, 2018
  
  Congress has approved legislation that would significantly increase the duration of maternity leave and require employers to top up benefits from Social Security.
- Chile: Government’s proposed social security pension reforms would introduce employer contributions
  December 13, 2018
  
  The Chilean government’s proposed reforms introduce employer contributions to employees’ compulsory DC and would increase government funding of solidarity pensions.
- Poland: Final legislation imposes mandatory employer-provided retirement plans
  December 4, 2018
  
  Legislation in Poland requires employers to establish, automatically enroll staff into, and contribute to a new defined contribution retirement plan.
- Kenya: Mandatory housing fund contributions announced for 2019
  December 3, 2018
  
  Kenya’s recently approved 2018 Finance Act will create a new housing fund intended to help low-income individuals with the purchase of their first home.
- Slovakia: Mandatory employer-paid recreation benefit from 2019
  November 28, 2018
  
  The Labor Code in Slovakia now requires all employers with 50 or more workers to pay a portion of employees’ eligible recreation expenses from January 1, 2019.
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