Tag #Pensions

pda.kp.ru
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Russia Implements Sweeping Legal Changes Affecting Social Benefits and Immigration

Starting February 1st, 2025, Russia implements new laws increasing maternal capital by 9.5%, raising pensions retroactively to compensate for underestimated inflation, and increasing over 40 social benefits by 9.5%, while also imposing stricter measures on illegal immigrants.

Progress

44% Bias Score

No Poverty
lexpress.fr
🌐 75% Global Worthiness
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French Social Security Budget Debate: Revisions and Political Opposition

The French National Assembly is debating the social security budget, involving changes to pensions, healthcare, employer contributions, and taxes, following the rejection of the previous budget and the fall of the Barnier government, aiming to address a \$23-25 billion deficit.

Progress

52% Bias Score

Good Health and Well-being
dailymail.co.uk
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£2.3 Billion Hit to Businesses After Pension Threshold Freeze

Labour's freeze on the auto-enrollment threshold for workplace pensions at £10,000 will cost businesses an additional £2.3 billion in 2025-26 due to rising wages bringing more low-earners into the system, increasing employer contributions to £51.9 billion, despite concerns over potential job losses.

Progress

56% Bias Score

Decent Work and Economic Growth
t24.com.tr
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Belgian Workers Protest Austerity Measures, Causing Widespread Disruption

Belgian workers protested austerity measures, including pension cuts, planned by the forming government, causing widespread transport disruption and flight cancellations.

Progress

44% Bias Score

Decent Work and Economic Growth
t24.com.tr
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Turkey's Unequal Pension Increases Highlight Resource Allocation Issues

Turkish retirees will see pension increases of 15.75% (SSK/Bağ-Kur) and 11.54% (civil servants), despite a 44% increase in government expenses, due to differing calculation methods; this decision raises questions about resource allocation and the prioritization of private sector interests over publi...

Progress

68% Bias Score

Reduced Inequality
t24.com.tr
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Insufficient Pension Increase in Turkey Amidst High Inflation

Turkey's insufficient 15.75% pension increase amid 44.38% inflation, highlighting the plight of 16 million retirees struggling with poverty and hunger, despite President Erdoğan's declaration of 2024 as "the year of retirees.

Progress

48% Bias Score

No Poverty
pda.kp.ru
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Russia Raises Social Benefits by 9.5% to Combat Inflation

The Russian government increased over 40 social payments by 9.5% starting February 1st, 2025, impacting veterans, families with children, and disability beneficiaries, in response to inflation; increases include mother capital and child birth allowances.

Progress

52% Bias Score

No Poverty
welt.de
🌐 85% Global Worthiness
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Germany Continues Pension Payments to Nazi Perpetrators

Germany pays approximately five million euros annually in war victim pensions to over 8000 recipients, including an estimated 5 percent of war criminals, despite a 1998 law mandating review; this has drawn criticism for its failure to address this systemic issue.

Progress

56% Bias Score

Peace, Justice, and Strong Institutions
cnbc.com
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Social Security's Solvency Shortened by Recent Legislation

The Social Security Administration's projected 2035 depletion date for its combined funds has been accelerated by six months due to recent legislation increasing benefits for nearly 3 million recipients without addressing funding, highlighting concerns about the program's long-term solvency and impa...

Progress

52% Bias Score

No Poverty
theguardian.com
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Bond Market Sell-Off Raises Concerns About Mortgages, Pensions, and Savings

The bond market sell-off is causing concern about rising borrowing costs, potentially affecting mortgages, while impacting pensions differently depending on the investor's age and investments, and savings rates will depend on future Bank of England base rate decisions and inflation.

Progress

32% Bias Score

Reduced Inequality
nbcnews.com
🌐 85% Global Worthiness
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Social Security Fairness Act Increases Benefits for Millions

President Biden signed the Social Security Fairness Act, eliminating the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), increasing Social Security benefits for nearly 3 million public workers by an average of $360 to $1,190 monthly by December 2025, according to the Congre...

Progress

36% Bias Score

No Poverty
npr.org
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Social Security Fairness Act Increases Benefits for 2.8 Million

President Biden signed the Social Security Fairness Act, increasing benefits for 2.8 million public employees by repealing provisions that reduced payments for those with other pensions, costing nearly $196 billion over ten years.

Progress

44% Bias Score

No Poverty