Tag #Pension Reform

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elpais.com

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Mar 31, 07:15

Spain Alters Pension System, Allowing for Flexible Retirement Options

Spain's new pension reform, effective April 1st, 2024, modifies active, deferred, and partial retirement options, relaxing requirements for combining work and pension payments, and increasing incentives for delayed retirement.

Spain Alters Pension System, Allowing for Flexible Retirement Options

Spain's new pension reform, effective April 1st, 2024, modifies active, deferred, and partial retirement options, relaxing requirements for combining work and pension payments, and increasing incentives for delayed retirement.

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How does the reform modify the incentives for delayed retirement and their compatibility with other retirement options?

The reform eliminates the prior need for a full work history to access active retirement, allowing those with shorter careers to participate. It also makes incentives for delayed retirement compatible with active retirement, offering workers a dual benefit.

edition.cnn.com

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Mar 30, 01:17

Argentina's Pension Moratorium Cancellation Jeopardizes Retirement for Thousands

Nilda Rivadeneira, a 59-year-old Argentine woman, risks losing her pension due to the government's termination of a payment plan for those with less than 30 years of formal contributions; this impacts many women due to high informality rates in sectors like domestic work.

Argentina's Pension Moratorium Cancellation Jeopardizes Retirement for Thousands

Nilda Rivadeneira, a 59-year-old Argentine woman, risks losing her pension due to the government's termination of a payment plan for those with less than 30 years of formal contributions; this impacts many women due to high informality rates in sectors like domestic work.

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How will the termination of Argentina's pension moratorium impact vulnerable workers, particularly women, and what immediate financial consequences are they facing?

Nilda Rivadeneira, a 59-year-old Argentine woman, faces losing her pension due to insufficient formal work contributions, despite working for many years. This is because the government ended a payment plan that allowed those with less than 30 years of contributions to pay in installments. She needs over \$5,000 to qualify, an impossible sum for her.

elmundo.es

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Mar 26, 04:12

Spain's Record Pension Bill Strains Social Security

Spain's March pension spending hit a record €13.5 billion, up 50% since 2018, due to inflation adjustments, higher new retiree salaries, and the baby boomer generation entering the system; this strains Social Security and necessitates adjustments under a closure clause to stay under 15% of GDP by 20...

Spain's Record Pension Bill Strains Social Security

Spain's March pension spending hit a record €13.5 billion, up 50% since 2018, due to inflation adjustments, higher new retiree salaries, and the baby boomer generation entering the system; this strains Social Security and necessitates adjustments under a closure clause to stay under 15% of GDP by 20...

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How do increased social security contributions and changes to retirement incentives aim to address the rising pension costs?

The rising pension costs are a key factor in the upcoming AIReF report, which will assess the sustainability of Spain's pension system reform. The reform, implemented to comply with EU requirements, includes a 'closure clause' limiting pension spending to 15% of GDP by 2050 and requiring additional revenue of 1.7% of GDP. Current spending trends suggest this target might be difficult to meet.

elpais.com

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Mar 26, 07:13

Spain Reforms Social Security for Flexible Employment

Spain is reforming its social security system to create a more flexible model compatible with employment, including changes to unemployment benefits, retirement, disability pensions, and parental leave, aiming to improve workforce participation and the sustainability of the system.

Spain Reforms Social Security for Flexible Employment

Spain is reforming its social security system to create a more flexible model compatible with employment, including changes to unemployment benefits, retirement, disability pensions, and parental leave, aiming to improve workforce participation and the sustainability of the system.

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How are Spain's recent social security reforms changing the traditional welfare model, and what are the immediate consequences for workers and the economy?

Spain's social security reforms are shifting from solely income-replacement benefits to a more flexible system compatible with employment. This includes unemployment benefits with job activation incentives, phased retirement options, and adjustments to disability pensions allowing for work continuation.

lefigaro.fr

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Mar 21, 16:11

French Pension Reform: Debate on Retiree Contributions Heats Up

The French government is exploring ways to fund its pension system, including potentially making retirees contribute through measures like delaying pension indexation or raising taxes, a proposal supported by the Medef but fiercely opposed by the CGT union.

French Pension Reform: Debate on Retiree Contributions Heats Up

The French government is exploring ways to fund its pension system, including potentially making retirees contribute through measures like delaying pension indexation or raising taxes, a proposal supported by the Medef but fiercely opposed by the CGT union.

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What specific measures are being considered to address the French pension system's financial shortfall, and what is the immediate impact of this on different social groups?

The French government is considering measures to address pension system financing, including potentially delaying pension indexation or increasing taxes on retirees. This proposal is supported by the Medef (French employers' association) but faces strong opposition from the CGT (General Confederation of Labour) union.

kathimerini.gr

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Mar 19, 13:14

Greek Economists Back Pension Reform, Conditional on EU Rule Change

A majority of the Hellenic Panel of Economists conditionally supports revising EU's Stability and Growth Pact rules to ease the shift from pay-as-you-go to funded pension systems, as the current system, ignoring implicit liabilities, hinders the necessary reform and places a significant strain on th...

Greek Economists Back Pension Reform, Conditional on EU Rule Change

A majority of the Hellenic Panel of Economists conditionally supports revising EU's Stability and Growth Pact rules to ease the shift from pay-as-you-go to funded pension systems, as the current system, ignoring implicit liabilities, hinders the necessary reform and places a significant strain on th...

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How will revising the EU's Stability and Growth Pact rules to include implicit pension liabilities impact the funding of Greece's transition to a funded pension system?

The Hellenic Panel of Economists largely supports revising the EU's Stability and Growth Pact rules to facilitate a shift from pay-as-you-go to funded pension systems. This follows a study by the Center for Liberal Studies (Kefim) highlighting that the Maastricht debt criterion hinders necessary pension reforms, as it doesn't account for implicit pension liabilities. The revision would allow for the funding of this transition, which is particularly acute in Greece.

elpais.com

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Mar 31, 19:14

Spain's Pension System Passes Initial Sustainability Review

Spain's Fiscal Authority (Airef) reported that the pension system's income is sufficient, requiring no further adjustments, based on positive employment data (21 million contributors, 12% drop in temporary work) and the 2021-2023 pension reforms; however, long-term sustainability beyond 2050 remains...

Spain's Pension System Passes Initial Sustainability Review

Spain's Fiscal Authority (Airef) reported that the pension system's income is sufficient, requiring no further adjustments, based on positive employment data (21 million contributors, 12% drop in temporary work) and the 2021-2023 pension reforms; however, long-term sustainability beyond 2050 remains...

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What is the immediate impact of the Airef's report on Spain's pension system?

Spain's pension system passed its first sustainability review, showing no need for additional adjustments, according to the country's Fiscal Authority (Airef). The report highlights a projected net pension expenditure of 13.2% of GDP between 2022 and 2050, below the threshold. This positive assessment is based on the current reforms and strong employment data, including 21 million social security contributors and a 12% decrease in temporary contracts.

zeit.de

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Mar 28, 07:13

Germany's Coalition Talks: Key Disagreements Remain

Coalition talks between Germany's Union and SPD parties are entering a decisive phase, focusing on taxation, migration, pensions, and the future of combustion engine vehicles; disagreements remain on several key issues, with a potential cabinet swearing-in planned for early May.

Germany's Coalition Talks: Key Disagreements Remain

Coalition talks between Germany's Union and SPD parties are entering a decisive phase, focusing on taxation, migration, pensions, and the future of combustion engine vehicles; disagreements remain on several key issues, with a potential cabinet swearing-in planned for early May.

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Reduced Inequality

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What are the main sticking points in the coalition negotiations between the Union and SPD, and what are their immediate implications for German policy?

Following the German federal election, Union and SPD are in crucial coalition talks. A 19-member negotiating group, led by the four party leaders, will address disagreements on issues like taxation, migration, pensions, and the future of combustion engine cars. The goal is to finalize the negotiations by Easter, with a new cabinet potentially sworn in early May.

elpais.com

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Mar 26, 07:14

Chile Enacts Pension Reforms: Increased PGU and New Benefits"

Chile's President Boric enacted pension reforms on March 20th, gradually increasing the Universal Guaranteed Pension (PGU) to \$270 by 2025, introducing a \$4/year-of-contribution benefit, and compensating women for life expectancy differences, all while maintaining the existing AFP system.

Chile Enacts Pension Reforms: Increased PGU and New Benefits"

Chile's President Boric enacted pension reforms on March 20th, gradually increasing the Universal Guaranteed Pension (PGU) to \$270 by 2025, introducing a \$4/year-of-contribution benefit, and compensating women for life expectancy differences, all while maintaining the existing AFP system.

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What are the immediate impacts of Chile's pension reform on current retirees?

On March 20th, Chilean President Gabriel Boric enacted pension reforms. These reforms, gradually implemented from the second half of 2025, will increase the Universal Guaranteed Pension (PGU) and introduce a benefit per year of contributions, along with gender compensation. This mixed system maintains AFPs but adds solidarity elements.

mk.ru

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Mar 23, 16:11

Russia Raises Social Pensions by 14.75%, Allocating 85 Billion Rubles

Russia increased social pensions by 14.75% in 2025, allocating 85 billion rubles to ensure a minimum living standard for 4–5 million recipients, including those with disabilities, orphans, and citizens of small northern ethnic groups, despite inflation reaching 16.5%.

Russia Raises Social Pensions by 14.75%, Allocating 85 Billion Rubles

Russia increased social pensions by 14.75% in 2025, allocating 85 billion rubles to ensure a minimum living standard for 4–5 million recipients, including those with disabilities, orphans, and citizens of small northern ethnic groups, despite inflation reaching 16.5%.

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What is the impact of the 14.75% increase in Russian social pensions, considering its budgetary allocation and the diverse demographics it affects?

Russia's social pensions, paid to those lacking sufficient work history or pension points, received a 14.75% increase this year, totaling 85 billion rubles in budgetary allocation. This increase aims to align social pensions with the increased regional pension minimums, ensuring a minimum living standard. The average social pension is expected to reach approximately 15,500 rubles after the increase.

elpais.com

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Mar 21, 01:13

Mexican Teachers Strike Disrupts Mexico City Airport Amid Pension Reform Dispute

Thousands of Mexican teachers are staging a nationwide strike, protesting pension reforms and causing significant disruptions at Mexico City's international airport and major highways. Despite the government withdrawing the latest reform proposal, the teachers are demanding changes to the 2007 law i...

Mexican Teachers Strike Disrupts Mexico City Airport Amid Pension Reform Dispute

Thousands of Mexican teachers are staging a nationwide strike, protesting pension reforms and causing significant disruptions at Mexico City's international airport and major highways. Despite the government withdrawing the latest reform proposal, the teachers are demanding changes to the 2007 law i...

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What are the immediate consequences of the Mexican teachers' nationwide strike, and what is its global significance?

Mexican teachers have launched a nationwide strike, impacting the Mexico City International Airport (AICM) with significant roadblocks. Thousands of teachers, primarily from Oaxaca, Guerrero, Michoacán, and Chiapas, participated. Despite the government withdrawing the controversial ISSSTE reform, the strike continues.",

elpais.com

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Mar 19, 04:12

Mexico Withdraws ISSSTE Reform Following Teacher Protests

Mexican President Claudia Sheinbaum withdrew a controversial ISSSTE reform after teacher protests, offering debt forgiveness and social housing instead, averting a planned 72-hour national strike.

Mexico Withdraws ISSSTE Reform Following Teacher Protests

Mexican President Claudia Sheinbaum withdrew a controversial ISSSTE reform after teacher protests, offering debt forgiveness and social housing instead, averting a planned 72-hour national strike.

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What are the long-term implications of resolving this conflict through executive decrees rather than legislative processes?

The government's actions suggest a strategic retreat to avoid further disruption. The implementation of benefits via decree bypasses legislative hurdles, showcasing the government's responsiveness to pressure from powerful teacher unions and the potential for future similar actions.

Showing 61 to 72 of 163 results