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

Bolivia: Extension of national quarantine until August 31st

Submitted by mmarquez on

boliviasegura.gob.bo (26.06.2020) El decreto 4302 amplía el plazo de la cuarentena nacional, condicionada y dinámica dispuesto por el Parágrafo I del Artículo 2 del Decreto Supremo N° 4276, de 26 de junio de 2020, hasta el 31 de agosto de 2020.

Regions / Country
bolivia
Global challenges
Topics
Health

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Vietnam: International health insurance required for experts entering Vietnam from August 5, 2020

Submitted by siha on

Viet Nam Social Security (28.07.2020) The National Steering Committee for COVID-19 prevention and control has just issued Official Letter 3949/CV-BCD on strengthening the assurance of COVID-19 epidemic prevention for experts entering Vietnam. Accordingly, the units that invite experts for business ensure that they participate in international health insurance or agencies or organizations must make a commitment to pay their treatment expenses in case of the experts being infected with COVID-19.

Regions / Country
vietnam
Topics
Health insurance
COVID-19
Document Type

Australia: Waiting periods continue to be waived

Submitted by siha on

Services Australia (28.07.2020) We’ll continue to waive some waiting periods for new claims until 31 December 2020. This includes the: Ordinary Waiting Period, Newly Arrived Resident’s Waiting Period, Seasonal Work Preclusion Period.

Regions / Country
australia
Topics
Extension of coverage
Service quality
Document Type

Australia: Gradual return of mutual obligation requirements

Submitted by siha on

Department of Education, Skills and Employment (28.07.2020) Mutual obligation requirements will continue to be gradually introduced. From 4 August 2020, job seekers must be willing to accept any offer of suitable paid work and penalties will now apply if a job seeker refuses a job without a reasonable excuse.

Regions / Country
australia
Topics
Unemployment
COVID-19
Document Type

Australia: Changes to eligibility for some income support payments after 25 September 2020

Submitted by siha on

Services Australia (21.07.2020) The income free area for JobSeeker Payment and Youth Allowance for job seekers will increase to $300 per fortnight. The income free area is currently $106 for JobSeeker Payment and $143 for Youth Allowance. This means you can earn more but still get the maximum payment rates. If you earn above $300 per fortnight, your payment reduces by 60 cents for each dollar over this amount. From 25 September 2020, means testing will be reintroduced. This includes asset testing for all payments.

Regions / Country
australia
Topics
Service quality
COVID-19
Document Type

Australia: Changes to the Coronavirus Supplement amount

Submitted by siha on

Services Australia (21.07.2020) The Australian Government is extending the Coronavirus Supplement until 31 December 2020. The Coronavirus Supplement of $550 per fortnight is available until 24 September 2020. Beyond this date, the Coronavirus Supplement will be available at $250 per fortnight until 31 December 2020.

Regions / Country
australia
Topics
Extension of coverage
COVID-19
Document Type

Australia: JobKeeper extension

Submitted by siha on

Treasury.gov.au (21.07.2020) On 21 July, the Government announced it is extending the JobKeeper Payment until 28 March 2021 and is targeting support to those businesses and not-for-profits which continue to be significantly impacted by the Coronavirus. From 28 September 2020, eligibility for the JobKeeper Payment will be based on actual turnover in the relevant periods, the payment will be stepped down and paid at two rates.

Regions / Country
australia
Topics
Unemployment
Extension of coverage
Document Type