Statutory Benefit
/ˈstætʃəˌtɔri ˈbɛnɪfɪt/
Definitions
- (n.) A benefit granted to individuals under a specific statute or legislation, typically outlining eligibility and entitlements prescribed by law.
Employees received statutory benefits such as paid leave and health insurance mandated by labor law.
Forms
- statutory benefit
- statutory benefits
Related terms
See also
Commentary
Statutory benefits are distinct from contractual benefits as they arise directly from legislation and require careful statutory interpretation to determine scope and applicability.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.