SOCIAL SECURITY CALCULATION FORMULAS
| LUXEMBOURG |
| PARAMÈTRES SOCIAUX SOCIAL SECURITY CALCULATION FORMULAS |
In Luxembourg a wide range of benefits in the five basic branches of social security (sickness and maternity insurance, pensions, industrial injuries insurance, family benefits and unemployment) are calculated according to clear formulas laid down by law, many of which link them to the nombre-indice ( cost-of-living index ) for automatic regular increases. For example, the minimum wage formula takes into account both age and qualifications in calculating the appropriate rates payable, and the family benefits formula (including both maternity benefit and the childbirth grant ) takes into account both the number of children in the family and their age as well as such factors as handicaps. Full entitlement to 100 per cent. benefits is attained at the age of 18. See also guaranteed minimum income .
Please note: the European industrial relations glossaries were compiled between 1991 and 2003 and are not updated. For current material see the European industrial relations dictionary.
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