August 2018 - Luxembourg Employment News

Overview of new reforms in Employment law

Throughout the month of July 2018, there have been several legal updates, which you can find below.

1. Increase of wages
STATEC has preliminarily published on 31 July that a new salary increase of 2.5% will enter into force, taking effect on 1 August 2018. The new index will therefore be 814.40 points.
 
The press statement is available here.

2. Collective Labour Agreement for bank employees 2018-2020 (‘Bank Agreement’)
The Bank Agreement was signed on 12 July 2018 by ABBL, ALEBA, LCGB-SESF and OGB-L. The Agreement has taken effect retrospectively, starting from 1 January 2018 and running until 31 December 2020.

The Bank Agreement is available here.

As a reminder, the Collective Labour Agreement for insurance company employees 2018-2020 (available here) was signed on 28 May by ACA, ALEBA, LCGB-SESF and OGBL. Likewise, this Agreement takes effect retrospectively, starting from 1 January 2018 and running until 31 December 2020.

3. Reform of the supplementary pensions scheme
The draft legislation No. 7119, reforming the supplementary pensions scheme, was voted on 5 July 2018 by the Chamber of Deputies. The aim of the legislation is mainly to implement supplementary schemes specifically for independent professionals.

The legislation has not yet been published.

4. Reform in business licence
The draft legislation No. 7228 was voted on 3 July 2018 and published on 26 July 2018. This law, the law of 18 July 2018, amends the law of 2 September 2011, regulating access to the craft, commercial and industrial, as well as some independent professions, and it mainly abolishes the obligation to acquire a special business licence when operating a shopping mall of 400 m2. Moreover, the law reforms the obligation to obtain professional qualification for certain professions.

Le legislation is available here.

5. Reform in health insurance
The draft legislation No. 7311, reforming the health insurance scheme, was voted on 25 July 2018 by the Chamber of Deputies. The new law raises monetary compensation in case of sick leave from previously 52 weeks to a maximum of 78 weeks within a period of 104 weeks.

The legislation has not yet been published.