Social
Pension
A retirement benefit paid to employees who have contributed to a pension scheme throughout their working life. EU countries have different pension systems.
Related terms
Health Insurance
Coverage that pays for medical expenses. In many EU countries, mandatory health insurance is funded through social security contributions.
Maternity Leave
A period of absence from work granted to a mother before and after the birth of her child. EU law guarantees minimum 14 weeks maternity leave.
Parental Leave
A period of absence from work available to parents to care for a young child. EU law provides a minimum of 4 months parental leave per parent.