Tag #Pension

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nos.nl

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May 10, 10:12

Rising Number of Dutch AOW Recipients Continue Working

In the Netherlands, a quarter-million AOW recipients continue working, driven by personal fulfillment, workforce shortages, and employer benefits; concerns remain regarding competition with younger job seekers.

Rising Number of Dutch AOW Recipients Continue Working

In the Netherlands, a quarter-million AOW recipients continue working, driven by personal fulfillment, workforce shortages, and employer benefits; concerns remain regarding competition with younger job seekers.

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What are the key factors contributing to the rising number of Dutch AOW recipients continuing to work after retirement age?

In the Netherlands, 250,000 working individuals are also receiving AOW (state pension), a trend reflected in 33 percent of FNV union collective bargaining agreements that now include provisions for post-retirement work, up from 21 percent five years ago. This contrasts with a prior taboo against post-retirement work, which is now fading. Many cite personal fulfillment and social connection as key motivators, not solely financial gain.

mk.ru

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Apr 13, 13:12

Russia Announces Two-Stage Pension Indexation for 2026

Russia's 2026 pension indexation will occur in two stages: a February adjustment for 2025 inflation and an April increase based on wage growth and Pension Fund revenue, affecting over 33 million recipients.

Russia Announces Two-Stage Pension Indexation for 2026

Russia's 2026 pension indexation will occur in two stages: a February adjustment for 2025 inflation and an April increase based on wage growth and Pension Fund revenue, affecting over 33 million recipients.

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How will the April pension increase be calculated, and what factors will determine its size?

The new system aims to better reflect economic realities by linking pension increases to both inflation and wage growth. However, the April increase's size depends on the Pension Fund's performance and won't fully offset price increases. This is a departure from the previous system which only considered inflation.

theglobeandmail.com

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Apr 5, 16:11

HBC Cuts Executive Retirement Payments, Exposing Regulatory Gap

Hudson's Bay Co. is cutting payments to a smaller group of former executives' supplementary executive retirement plans (SERPs) after the company's liquidation, highlighting a gap in Canada's bankruptcy protection for these unregulated plans, unlike registered pension plans protected by the 2023 fede...

HBC Cuts Executive Retirement Payments, Exposing Regulatory Gap

Hudson's Bay Co. is cutting payments to a smaller group of former executives' supplementary executive retirement plans (SERPs) after the company's liquidation, highlighting a gap in Canada's bankruptcy protection for these unregulated plans, unlike registered pension plans protected by the 2023 fede...

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How do the bankruptcy protections in Bill C-228 affect SERPs, and what are the potential long-term consequences of this distinction?

The recent HBC case highlights a gap in Canada's bankruptcy protection laws. While Bill C-228 prioritizes registered pension plans, it excludes SERPs, which are supplemental retirement plans for top earners. These plans are often not fully funded, creating significant financial risk for executives who relied on them for retirement income.

taz.de

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Mar 24, 19:14

Germany Debates Costly Expansion of Mothers' Pension

Germany debates expanding its "Mütterrente" (Mothers' Pension), which would add three pension points for each child to the pensions of eligible parents regardless of the child's birth year. This would cost an estimated €5 billion annually and increase monthly pension payments by roughly €20 per chil...

Germany Debates Costly Expansion of Mothers' Pension

Germany debates expanding its "Mütterrente" (Mothers' Pension), which would add three pension points for each child to the pensions of eligible parents regardless of the child's birth year. This would cost an estimated €5 billion annually and increase monthly pension payments by roughly €20 per chil...

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What are the main arguments for and against expanding the Mütterrente, and what are their underlying economic and social rationales?

This debate highlights the long-standing issue of gender inequality in the German pension system. While the proposed change aims to provide equal recognition for all mothers, critics argue it's a costly measure with limited impact on overall pension justice and would cost approximately 5 Billion Euros annually. The debate also reflects broader discussions about the financial sustainability of the German pension system and the need for comprehensive solutions to combat gender-based pension inequality.

forbes.com

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Mar 10, 22:09

Government Buyouts Reflect Broader Layoff Trend, Impacting Retirement Planning

The U.S. government offered buyouts to 2 million federal employees, with 75,000 accepting, reflecting a broader trend of large institutions reducing workforces, impacting retirement planning for many Americans.

Government Buyouts Reflect Broader Layoff Trend, Impacting Retirement Planning

The U.S. government offered buyouts to 2 million federal employees, with 75,000 accepting, reflecting a broader trend of large institutions reducing workforces, impacting retirement planning for many Americans.

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What are the long-term implications for retirement planning and financial security given the increasing frequency of large-scale job cuts and buyout offers?

The increasing frequency of large-scale layoffs and buyouts creates uncertainty for retirement planning. The article highlights the difficulty in choosing between lump-sum payouts and pensions, emphasizing the need for informed decision-making considering factors like longevity and inflation.

zeit.de

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Feb 20, 07:10

Early Retirement Desire Challenges Germany's Labor Market and Pension System

A YouGov survey of 2,000 Germans aged 18-67 revealed that 27 percent want early retirement, despite labor shortages and potential pension cuts; higher pay was the top factor to incentivize delayed retirement; the survey highlights challenges to Germany's labor market and pension system.

Early Retirement Desire Challenges Germany's Labor Market and Pension System

A YouGov survey of 2,000 Germans aged 18-67 revealed that 27 percent want early retirement, despite labor shortages and potential pension cuts; higher pay was the top factor to incentivize delayed retirement; the survey highlights challenges to Germany's labor market and pension system.

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What are the immediate implications of 27 percent of surveyed Germans wanting to retire early, given existing labor shortages?

A recent YouGov survey commissioned by Continental reveals that 27 percent of 2,000 Germans aged 18-67 want to retire early, despite labor shortages and potential pension cuts. This highlights a significant challenge for German businesses and the pension system. The survey also found that 62 percent plan to retire at the statutory age, while 11 percent did not provide an answer.

mk.ru

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Apr 18, 01:15

Moscow War Veterans Targeted in Sophisticated Online Banking Scam

Scammers in Moscow are targeting war veterans and other privileged groups with fraudulent calls promising a 14,600 ruble payment, pressuring victims to reveal SMS codes for access to their online banking accounts to take out loans.

Moscow War Veterans Targeted in Sophisticated Online Banking Scam

Scammers in Moscow are targeting war veterans and other privileged groups with fraudulent calls promising a 14,600 ruble payment, pressuring victims to reveal SMS codes for access to their online banking accounts to take out loans.

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What is the primary method used by scammers to target vulnerable elderly people in Moscow and what are the immediate consequences for the victims?

Scammers are targeting war veterans, blockade children, and other privileged categories in Moscow with fraudulent calls promising a 14,600 ruble payment. They impersonate city officials, social services, or veteran council representatives, pressuring recipients to reveal SMS codes for an alleged bank transfer, ultimately gaining access to online banking for loan applications.

mk.ru

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Apr 8, 04:11

Russia Plans Dual Pension Indexation for 2026

Russia will implement a dual pension indexation system in 2026, adjusting for inflation in February and potentially further in April based on Social Fund revenue; alternative solutions, such as linking indexation to pensioners' consumption, are proposed to address insufficient increases.

Russia Plans Dual Pension Indexation for 2026

Russia will implement a dual pension indexation system in 2026, adjusting for inflation in February and potentially further in April based on Social Fund revenue; alternative solutions, such as linking indexation to pensioners' consumption, are proposed to address insufficient increases.

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What is the planned approach to pension indexation in Russia for 2026, and what are its potential limitations?

Starting April 1st, 2024, Russian social pensions will increase by 14.75%. A new dual indexing system for insurance pensions will begin January 1st, 2026, adjusting for inflation in February and potentially again in April based on Social Fund revenue. This could mean an additional 2% increase for some.

news.sky.com

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Apr 3, 22:15

ISA and NI Contribution Deadlines Approaching

The deadline for maximizing tax-free savings via ISAs (£20,000 annual limit) and boosting state pension income through voluntary National Insurance contributions is April 5th. Individuals can utilize various ISA types (cash, stocks and shares, innovative finance, and Lifetime ISA), while NI top-ups ...

ISA and NI Contribution Deadlines Approaching

The deadline for maximizing tax-free savings via ISAs (£20,000 annual limit) and boosting state pension income through voluntary National Insurance contributions is April 5th. Individuals can utilize various ISA types (cash, stocks and shares, innovative finance, and Lifetime ISA), while NI top-ups ...

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What are the immediate consequences of missing the deadline for ISA contributions and NI top-ups?

The deadline to contribute to an ISA (Individual Savings Account) and top up National Insurance (NI) contributions is this Saturday, April 5th. ISAs offer tax-free savings of up to £20,000 annually, while NI top-ups can boost state pension entitlement. Failure to act before the deadline means losing the opportunity for this tax year.

elpais.com

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Mar 12, 13:11

Mexico City Expands Mujeres Bienestar Pension to Women Aged 60-62

Mexico City's government will expand its Mujeres Bienestar pension program to include women aged 60-62 starting August 2025, providing a 3,000-peso bimonthly payment via Banco del Bienestar cards; the program currently supports over one million women, mainly from indigenous and Afro-Mexican communit...

Mexico City Expands Mujeres Bienestar Pension to Women Aged 60-62

Mexico City's government will expand its Mujeres Bienestar pension program to include women aged 60-62 starting August 2025, providing a 3,000-peso bimonthly payment via Banco del Bienestar cards; the program currently supports over one million women, mainly from indigenous and Afro-Mexican communit...

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What is the immediate impact of expanding Mexico City's Mujeres Bienestar pension program to women aged 60-62?

Mexico City's government will expand its Mujeres Bienestar pension program to women aged 60-62 starting August 2025. This builds on existing support for over one million women, primarily from indigenous and Afro-Mexican communities, who currently receive bimonthly payments of 3,000 pesos. The program aims to provide financial aid to women from age 60, transitioning to the general adult pension at 65.

allafrica.com

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Mar 6, 16:11

Nigeria Clears N758 Billion in Pension Arrears

The Nigerian government approved a N758 billion bond to settle 16 years of outstanding pension liabilities under the Contributory Pension Scheme (CPS), impacting numerous retirees and addressing pension increases since 2007 and university professors' shortfalls. This was approved on February 4, 2025...

Nigeria Clears N758 Billion in Pension Arrears

The Nigerian government approved a N758 billion bond to settle 16 years of outstanding pension liabilities under the Contributory Pension Scheme (CPS), impacting numerous retirees and addressing pension increases since 2007 and university professors' shortfalls. This was approved on February 4, 2025...

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How does this bond issuance address long-standing issues within Nigeria's Contributory Pension Scheme (CPS)?

This N758 billion bond represents the first federal government contribution to the Pension Protection Fund, a statutory provision for low-income earners under the CPS. The move fulfills a key pillar of PenCom's mandate, directly impacting retirees' financial security and public trust in the pension system.

elpais.com

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Feb 18, 10:09

Mexico Expands Welfare Pension Registration

Mexico opened Welfare Pension registration (February 17-28) for women over 63, adults over 65, and the disabled, providing bimonthly payments of at least 3,000 pesos via 2,280 nationwide modules to address pension insufficiency and vulnerability.

Mexico Expands Welfare Pension Registration

Mexico opened Welfare Pension registration (February 17-28) for women over 63, adults over 65, and the disabled, providing bimonthly payments of at least 3,000 pesos via 2,280 nationwide modules to address pension insufficiency and vulnerability.

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What are the potential long-term societal effects of expanding this pension program nationwide?

The program's expansion suggests a potential long-term shift in social welfare policy, addressing systemic issues of pension insufficiency and vulnerability among older adults and the disabled. The phased rollout implies future nationwide coverage and potential adjustments based on initial implementation.

Showing 37 to 48 of 70 results