Old-age pensions

Australia: Temporarily reducing superannuation minimum drawdown rates

Submitted by siha on

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.

Regions / Country
australia
Topics
Old-age pensions
COVID-19
Financial crisis
Document Type

Bolivia: Beneficiarios de Renta Dignidad pueden autorizar a familiares realizar cobro

Submitted by mmarquez on

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.

Regions / Country
bolivia
Global challenges
Topics
Old-age pensions
Service quality
Service delivery
Cash transfers
Document Type

Bolivia: Pago anticipado de aguinaldo de la Renta Digniddad

Submitted by mmarquez on

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.

Regions / Country
bolivia
Global challenges
Topics
Old-age pensions
Cash transfers

Germany: German parliament approves basic pension law

Submitted by siha on

IPE (02.07.2020) The German parliament, Bundestag, has approved the law for the introduction of the basic pension – Grundrente – from 1 January 2021. The Grundrente is paid in the form of a supplement to pensioners with at least 33 years of contributions to the statutory pension insurance based on periods of employment, child-rearing or care work.

 

Regions / Country
germany
Topics
Old-age pensions
Service quality
Population ageing
Document Type

Uruguay: Autorizaciones especiales de cobro en junio para mayores de 65 años

Submitted by mmarquez on

bps.gub.uy (21.05.2020) Debido a que continúa la situación de emergencia sanitaria, BPS vuelve a dar la posibilidad a quienes tengan 65 años o más y cobren sus prestaciones en redes de cobranza descentralizada o en locales de pago del BPS, que puedan autorizar a otra persona a cobrar sus prestaciones en junio, a través de un sencillo trámite telefónico o por Whatsapp.

Regions / Country
uruguay
Global challenges
Topics
Old-age pensions
E-services
Service quality
Service delivery

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Germany: Introduction of a Basic Pension for Low-Income Pensioners

Submitted by mmarquez on

Deutsche Rentenvrsicherung (02.07.2020) On July 2, Germany’s parliament approved a law that will introduce an income-tested basic pension (Grundrente) on January 1, 2021, to supplement the country’s social insurance old-age pension (beneficiaries should have at least 35 years of basic-pension years of contributions). This new program is intended to reduce the risk of old-age poverty among individuals who had below-average earnings in their working lives or spent considerable time outside the labor force.

Regions / Country
germany
Global challenges
Topics
Old-age pensions
Document Type

Costa Rica: SPECIAL SOLIDARITY CONTRIBUTION TO HIGH PENSIONS

Submitted by siha on

Ministry of finance (17.07.2020) Starting this July, the National Treasury of the Ministry of Finance will apply to pensions higher than ¢ 2,296,000 corresponding to the National Pension Directorate, Pension Board of the National Teaching Staff and the Ex-Presidents Regime, the deduction for special solidarity and redistributive contribution, established by Law No. 9796 (“Law to Redesign and Redistribute the Resources of the Special Solidarity Contribution”).   

Regions / Country
costa rica
Global challenges
Topics
Old-age pensions
Contribution collection and compliance
Financing
Inequalities
Mutual benefit societies
Document Type