What is complementary indemnity in SAP PY-BE - Belgium?

SAP Term: complementary indemnity

• Component: PY-BE

• Component Name: Belgium

• Description: A means of protecting or compensating workers from future loss of pension savings. This additional compensation is applicable only in specific cases, for example, to compensate older workers for their future loss of pension savings when they are dismissed.

Smart SAP Assistant

• Key Concepts: 
  Complementary indemnity is a type of insurance coverage offered by SAP PY-BE Belgium. It provides additional protection for employees in the event of an accident or illness, and covers medical expenses, lost wages, and other costs associated with the injury or illness. 
  
  How to use it: 
  Employees can purchase complementary indemnity coverage through SAP PY-BE Belgium. The coverage is available for both full-time and part-time employees, and can be tailored to meet the individual needs of each employee. 
  
  Tips & Tricks: 
  It is important to read the terms and conditions of the complementary indemnity coverage carefully before purchasing it. This will ensure that you understand what is covered and what is not covered under the policy. 
  
  Related Information: 
  For more information about complementary indemnity coverage offered by SAP PY-BE Belgium, please visit their website or contact their customer service team.