The government website (04.07.2020) The cabinet and social partners have reached final agreement on the details of the pension agreement. The new system will be more transparent. Workers and retirees gain a clearer insight into the accumulated assets. It also provides a realistic expectation and offers more prospects for a high-purchasing pension. The pension entitlements from the current system will be abandoned, thus eliminating the need for the use of actuarial interest and funding ratios. As a result, pensions and benefits can move faster with the state of the economy than is currently

IPE (15.07.2020) Despite heavy opposition resistance against “breaking down the world’s best pensions system”, the Dutch parliament agreed yesterday to the switch to a new defined contribution (DC) contract which includes a lifecycle system and personal pension pots. However, many questions on implementation remain.

National Provident Fund (30.03.2020) The Fund has decided to waive renewal certificate submissions for all Pensioners whose certificates were due in March, April, May or June and pay based on the presumption of life. This decision was implemented in light of preventative measures against COVID-19 to discourage our senior members from visiting public open or crowded places. This will be reviewed again in respect of the duration of the public restrictions that are currently in place.

National Provident Fund (26.05.2020) More than 7,000 Fiji National Provident Fund pensioners will receive a COVID-19 relief payment today,Tuesday 26 May 2020. The payment, which ranges from $300 to $900, will be disbursed directly to the Fund’s active pensioners. Chief Executive Officer Jaoji Koroi said the Fund was able to provide this one-off payment to pensioners,following amendments to the FNPF Act.

Ministry of Social Development (18.08.2020) We're working hard to make sure clients who are out of the country and are unable to return because of the COVID-19 pandemic are financially supported. When you leave New Zealand temporarily some payments stop straight away, some are paid for up to 28 days, and New Zealand Super and Veteran's Pension is paid for up to 26 weeks. Under a COVID-19 special assistance programme we're able to make your payments until you can return to New Zealand. This programme is currently only available until 20 October 2020.

thehill.com (08.07.2020) While social security benefits are secure, the unprecedented conditions of the COVID-19 economic crisis have unearthed a technical glitch. If left uncorrected, a COVID-19 notch will result: Those turning 60 this year – more than 4 million workers – and their families will receive substantially lower Social Security benefits than workers (and their families) with identical earnings who turned 60 last year. Fortunately, the solution is easy and straightforward. But Congress must act.

agenciabrasil.ebc.com.br (03.07.2020) The federal government issued a decree authorizing the National Institute of Social Security (INSS) to pay prepayments for sickness benefits and the Continuing Benefit Benefit (BPC). The measure, published in an extra section of the Official Gazette (DOU) of this Thursday (2), determines that the advances will be paid until October 31.

Australian Taxation Office (29.07.2020) The government is temporarily reducing superannuation minimum drawdown requirements for account-based pensions and similar products by 50% for 2019–20 and 2020–21. This measure will benefit retirees holding these products by reducing the need to sell investment assets to fund minimum drawdown requirements.

paginasiete.bo (02.08.2020) Para evitar que las personas adultas se contagien en las filas, el beneficiario podrá autorizar a un familiar para el cobro en su representación, mediante nota impresa o escrita a mano, firmada o autorizada con su huella dactilar.

boliviasegura.gob.bo (31.07.2020) El Decreto Supremo 4303 autoriza, de manera excepcional, el pago anticipado del Aguinaldo de la Renta Dignidad, por la Gestión 2020 a los Beneficiarios de la Renta Universal de Vejez (Renta Dignidad). El aguinaldo normalmente se paga en diciembre, y ahora se adelanta a agosto.