Did you know? 1 in 2 Singaporeans at age 65 are expected to live beyond 85 years old. That may be you. Having an income stream is essential, especially if you're not working in retirement. With CPF LIFE, never worry about outliving your savings. Here's how CPF LIFE supports your golden years!
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hindustantimes.com (29.08.2024) The Union labour ministry is reviewing definitions of migrant and gig workers to enhance inclusivity and clarity, covering intra-state migrations and digital platforms.
indiatimes.com (27.08.2024) The government will now offset 100% of the increase in CPF contributions for lower-income platform workers in 2025, up from the previously announced 75%. These initiatives mark a significant step towards improving the welfare and representation of platform workers in…
Reuters (20.08.2024) China will beef up its 2.88 trillion yuan ($406 billion) social security fund, making it bigger and stronger to help support its rapidly ageing population as the number of new births and younger workforce to support its seniors shrinks.
The National Social Security Fund will "…
cnbc.com (18.08.2024) The implementation of the scheme marks a notable policy shift in the city-state, which has long resisted calls for unemployment support.
The scheme is aimed at helping lower- and middle-income workers, and will provide involuntarily unemployed workers a total of up to 6,000…
The Freeman (06.08.2024) Angkas, a prominent ride-hailing service in the Philippines, has taken a significant step towards enhancing the welfare of its riders by signing an agreement with the Social Security System (SSS) to provide social security coverage to around 50,000 riders. This initiative,…
oecd.org (14.08.2024)Promoting health and well-being at the workplace is a valuable investment for employees, employers, governments, and society. Healthy employees are less likely to be absent or have reduced productivity. Employers benefit from improved work outputs, and health systems see…
NBER (August 2024) Germany, like many other countries, has undergone a series of pension reforms since the 1980s which generally decreased benefit generosity and increased the retirement age due to demographic pressures. This paper investigates whether these reforms have increased income and wealth…
International Labour Organization (17.07.2024) Oman has launched the implementation of new social insurance maternity benefits that are set to significantly improve labour market opportunities for women in the Sultanate.
The new scheme is part of ambitious and wide-ranging social protection reforms…
Asian Development Bank (02.04.2024) Developing Asia and the Pacific is unprepared to secure the well-being of its rapidly aging population as the growing share of older people in the region face challenges from low pension coverage to health problems, social isolation, and limited access to…
OECD iLibrary (12.07.2024) What factors influence satisfaction with social protection? This report investigates differences in perceptions of social protection across countries, with a focus on France, using novel data from the OECD’s Risks that Matter Survey. Compared to respondents in Germany…
The HR Observer (24.01.2023) The Omani’s National Employment Programme launched a self-employment platform collaboration with AWJ Innovation and Occidental Oman to encourage the self employed individuals to connect with potential employers.
“Self employment is one of the initiatives launched by the…
politico.eu (25.07.2024) The European Commission said Thursday it is taking legal action against Germany and Italy, accusing both countries of discriminating against EU migrants regarding social security.
In 2018 and 2022, respectively, the German state of Bavaria and Italy passed laws reducing…
OECD (May 2023) Effective welfare policies need to consider interactions among economic, social and environmental outcomes. This paper, prepared to support Finance track discussions during Japan’s 2023 Presidency of the G7, describes a variety of national and international initiatives to improve…
oecd (20.06.2024) Society at a Glance 2024: OECD Social Indicators, the tenth edition of the biennial OECD overview of social indicators, addresses the growing demand for quantitative evidence on social well-being and its trends. The report features a special chapter on fertility trends which…
elpais.com (21.06.2024) The country’s aging population and low fertility rate jeopardizes the solvency of Social Security and the Medicare program, according to a new study by Brookings
European Commission (20.06.2024) The report highlights that European pension systems have protected retired Europeans’ living standards in the face of global challenges. Resilient public pensions, indexation, and redistribution mechanisms have maintained pension adequacy during crises.
However,…
Singapore Business Review (20.06.2024) Gig workers will be enabled to secure their retirement, benefit from improved workplace safety, and gain greater visibility within the industry.
worldbank.org (21.05.2024) Haba Haba, which means “bit by bit” in Swahili, is a voluntary pension scheme in Kenya for workers in informal employment and promises to be a scheme through which they can slowly but surely save for their old age. The scheme, administered by the National Social Security…
worldbank.org (14.06.2024) Through its Integrated Early Childhood Development (IECD) Program, supported by the World Bank under the Social Protection Transformation Project, Rwanda is successfully providing high-quality care and early stimulation for children, helping parents access resources…
mybroadband.co.za (13.06.2024) The Government Employees Pension Fund (GEPF) suffered a cyberattack in February 2024, and it only expects to restore its self-service functionality by 21 June 2024.
A notice published on the GEPF’s social media pages says the self-service functionality on its web…
