Tag #Pension Plans

Showing 1 to 5 of 5 results

cincodias.elpais.com
🌐 75% Global Worthiness
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Spanish Employment Pension Plans Surge by 53% in Two Years

Driven by a new construction sector agreement and simplified plans for the self-employed, participation in Spanish employment pension plans has increased from 1.93 million to nearly 3 million in under two years.

Progress

44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Rise of Pooled Pension Plans Addresses Defined-Benefit Decline

The dwindling number of defined-benefit pension plans has prompted the development of pooled pension models, such as PRPPs, VPLAs, and tontine-style mutual funds, to offer alternative retirement savings solutions, primarily to the self-employed and small-medium sized businesses.

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Canada's Deficit Exceeds Guardrail, But Net Debt Remains Low

Canada's federal government reported a $61.9-billion deficit, exceeding a fiscal guardrail; however, its net debt-to-GDP ratio remains low due to government investments and assets; the focus should be on the value of government spending, not arbitrary deficit limits.

Progress

56% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Rising Retirement Age in Canada: From 60.9 in 1998 to 65.3 in 2024

The average Canadian retirement age has risen from 60.9 in 1998 to 65.3 in 2024, driven by financial market instability, reduced pension surpluses, increased longevity, higher home prices, and greater family financial obligations, suggesting a long-term trend toward later retirement.

Progress

52% Bias Score

No Poverty
forbes.com
🌐 85% Global Worthiness
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Resurgence of Pension Plans Reflects Economic Anxiety and Labor Shortages

Amid economic anxieties and a retirement crisis, numerous U.S. companies, including Southwest Airlines, GM, and IBM, are reinstating or upgrading pension plans for their employees, a trend also seen in Canada, to attract and retain workers.

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 1 to 5 of 5 results