Tag #Pension Reform

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dw.com

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Dec 13, 16:12

World Bank Recommends Fiscal and Pension Reforms for North Macedonia

The World Bank proposes a VAT increase to 19%, eliminating preferential rates, and pension reforms including gradually raising the retirement age and contribution rates for North Macedonia to address its high fiscal deficit (exceeding 62% of GDP) and unsustainable pension system.

World Bank Recommends Fiscal and Pension Reforms for North Macedonia

The World Bank proposes a VAT increase to 19%, eliminating preferential rates, and pension reforms including gradually raising the retirement age and contribution rates for North Macedonia to address its high fiscal deficit (exceeding 62% of GDP) and unsustainable pension system.

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Why has the World Bank's previous strategy of using economic growth to reduce fiscal imbalances failed in North Macedonia?

North Macedonia's fiscal deficit exceeds that of comparable Western Balkan countries, with debt exceeding 62% of GDP. The World Bank's proposed measures aim to address this by improving tax collection, public spending efficiency, and budgetary discipline, essential for maintaining its EU accession path. The current strategy of relying on economic growth to reduce fiscal imbalances has proven insufficient.

dw.com

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Dec 4, 16:09

North Macedonia's Fiscal Council Proposes Raising Retirement Age to 67

The Fiscal Council of North Macedonia proposed raising the retirement age to 67 for both men and women by 2026 to address a projected deficit in the Public Pension Fund (PIO), a measure opposed by both VMRO-DPMNE and SDSM.

North Macedonia's Fiscal Council Proposes Raising Retirement Age to 67

The Fiscal Council of North Macedonia proposed raising the retirement age to 67 for both men and women by 2026 to address a projected deficit in the Public Pension Fund (PIO), a measure opposed by both VMRO-DPMNE and SDSM.

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What are the underlying causes of the projected deficit in the Public Pension Fund (PIO)?

The proposal to increase the retirement age is intended to address the projected deficit in the PIO fund. The Fiscal Council suggests this, along with a 0.7% increase in pension contributions in 2026 (potentially rising to 21% in 2027), as necessary for fiscal consolidation. International financial institutions like the IMF have also previously recommended similar measures.

liberation.fr

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Nov 29, 02:02

French Pension Reform Repeal Fails Amidst Centrist Obstruction

Due to parliamentary obstruction by the centrist bloc, the French National Assembly failed to repeal the 2023 pension reform before the November 28th midnight deadline, despite support from the left and the Rassemblement National, highlighting deep political divisions.

French Pension Reform Repeal Fails Amidst Centrist Obstruction

Due to parliamentary obstruction by the centrist bloc, the French National Assembly failed to repeal the 2023 pension reform before the November 28th midnight deadline, despite support from the left and the Rassemblement National, highlighting deep political divisions.

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What were the immediate consequences of the centrist bloc's obstruction of the pension reform repeal bill in the French National Assembly?

The French National Assembly failed to repeal the 2023 pension reform due to parliamentary obstruction by the centrist bloc. A bill proposed by La France Insoumise (LFI) to lower the retirement age from 64 to 62 failed to pass before the midnight deadline on November 28th, despite support from the left and the Rassemblement National.

votreargent.lexpress.fr

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Nov 21, 10:02

French Left Wins Pension Reform Vote

Left-wing parties in France win a preliminary victory in their bid to repeal the pension reform, lowering the retirement age and contribution period.

French Left Wins Pension Reform Vote

Left-wing parties in France win a preliminary victory in their bid to repeal the pension reform, lowering the retirement age and contribution period.

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What is the main focus of this news article?

The left-wing parties in France achieved a preliminary victory in their efforts to repeal the pension reform by getting their proposal to lower the retirement age from 64 to 62 approved in the Social Affairs Committee.

german.china.org.cn

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Dec 10, 13:11

"Allianz Invests in Chinese Pension Insurance Company, Highlighting China's Financial Opening"

"Allianz Global Investors GmbH invested \$39 million in Guomin Pension & Insurance Co., acquiring a 2% stake, reflecting China's growing financial openness and attracting further foreign investment into the pension insurance sector."

"Allianz Invests in Chinese Pension Insurance Company, Highlighting China's Financial Opening"

"Allianz Global Investors GmbH invested \$39 million in Guomin Pension & Insurance Co., acquiring a 2% stake, reflecting China's growing financial openness and attracting further foreign investment into the pension insurance sector."

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"What is the significance of Allianz's investment in a Chinese pension insurance company for global financial markets?"

"Allianz Global Investors, a German firm, invested \$39 million in Guomin Pension & Insurance Co., a new Chinese pension insurance company, acquiring a 2% stake. This signifies China's increasing financial openness to foreign investment. The deal follows China's recent efforts to further open its financial sector.", "This investment reflects China's proactive steps toward greater financial integration with the global economy. The approval highlights the growing confidence in China's long-term economic prospects, attracting more foreign capital to its pension market.", "This marks a notable trend of increased foreign investment in China's financial sector, indicating a strategic shift toward greater international collaboration. The ongoing regulatory changes and supportive policies suggest further increases in foreign investment in the future."

dutchnews.nl

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Dec 2, 13:45

Dutch Pension Funds Increase Payouts Below Inflation Rate

Three major Dutch pension funds are increasing 2025 payouts by less than inflation; ABP, the largest, will increase by 1.84% while others freeze payments, preparing for a 2026 switch to an individual pension system.

Dutch Pension Funds Increase Payouts Below Inflation Rate

Three major Dutch pension funds are increasing 2025 payouts by less than inflation; ABP, the largest, will increase by 1.84% while others freeze payments, preparing for a 2026 switch to an individual pension system.

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What are the immediate impacts of the Dutch pension funds' 2025 payout decisions on pensioners and workers?

Three of the five largest Dutch pension funds will increase payouts in 2025, but by a smaller percentage than inflation. ABP, the largest, will raise pensions by 1.84%, half the October inflation rate of 3.5%. This increase reflects the funds' financial constraints, as stated by ABP chairman Harmen van Wijnen.

lemonde.fr

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Nov 24, 19:05

French Socialists to Vote for Pension Reform Repeal

French Socialist deputies will vote to repeal the pension reform, potentially sacrificing another reform, despite the opposition from Macronists.

French Socialists to Vote for Pension Reform Repeal

French Socialist deputies will vote to repeal the pension reform, potentially sacrificing another reform, despite the opposition from Macronists.

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What are the key proposals in La France Insoumise's bill regarding pension reform?

The Socialist deputies will vote to repeal the pension reform despite it potentially sacrificing another reform implemented in 2013.

lentreprise.lexpress.fr

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Nov 16, 01:06

French Pension Reform: Lessons from Sweden

Analysis of French pension reform challenges and a potential solution offered by the Swedish model.

French Pension Reform: Lessons from Sweden

Analysis of French pension reform challenges and a potential solution offered by the Swedish model.

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What is the main topic of the article?

The Swedish pension system is discussed as a potential model for France. It's a multi-pillar system including a basic state pension, an earnings-related pension, and a private pension component.

Showing 109 to 116 of 116 results