Social Insurance

The basic role of the social insurance system in Slovakia is the protection of the economically active population in different situations. Employees and self‑employed persons meeting the conditions regarding the amount of income are mandatorily insured. Social insurance is financed by contributions and administered by the Social Insurance Agency (SIA).

The social insurance system is composed of five insurance subsystems which include a variety of benefits:

1. sickness insurance
   • sick pay
   • maternity pay
   • attendance allowance
   • equalisation benefit
2. pension insurance
   • the old‑age insurance (old‑age pension, early old‑age pension, survivors’ pensions – i.e. widow’s pension, widower’s pension, orphan’s pension)
   • the disability insurance (disability pension, survivors’ pensions – i.e. widow’s pension, widower’s pension, orphan’s pension)
3. accident insurance
4. unemployment insurance
5. guarantee insurance