Old age Pensions

Peru: Bonus of S / 930 to the ONP pensioners will be paid from January 11

Submitted by siha on Thu, 12/24/2020 - 01:48

El Peruano (23.12.2020) The Government published the Emergency Decree No. 137-2020, which authorizes transfers to central government entities and regional governments, for the payment of extraordinary bonus established in Law 31083, equivalent to a minimum vital remuneration (930 soles) to pensioners of the Social Security Normalization Office (ONP). The extraordinary bonus will be paid from January 11, 2021. It will be paid automatically in the same account in which the pension is deposited, together with the pension for the month of January.

Regions / Country
peru
Topics
Old age Pensions
Covid-19
Document Type

Peru: First deposits to AFP affiliates would be before January 9

Submitted by siha on Thu, 12/24/2020 - 01:27

El Peruano (03.12.2020) Law N ° 31068 approved on November 18 authorizes that people who have not worked on the payroll in the last 12 months will be able to withdraw up to four tax units (UIT), that is, 17,200 soles. The first deposits would be made before January 9, 2021.

Regions / Country
peru
Topics
Old age Pensions
Covid-19
Document Type

Chile: ProVida | Second Withdrawal Request of 10%

Submitted by siha on Thu, 12/24/2020 - 01:09

ProVida (10.12.2020) All members of an AFP (contributors, non-contributors and pensioners) can request their Second Retirement withdrawal up to 10% of the total saving in their Mandatory Account, with a maximum amount of 150UF (around $ 4,300,000). Survival Pension beneficiaries can also make a Retirement request for those balances. Members can apply from December 10, 2020, until December 2021. 

Regions / Country
chile
Topics
Old age Pensions
Survivor
Covid-19
Document Type

India: Approval of Social Security Code

Submitted by mmarquez on Wed, 12/02/2020 - 17:52

US Social Security Administration (November 30th) On September 28, India's president approved a law (the Code on Social Security, 2020) that consolidates and amends nine existing social security laws. Among the law's changes are an extension of benefit eligibility to fixed-term workers under the employer-liability gratuity scheme, a broadening of the definition of wages for contribution calculation purposes, and new protections for informal-sector workers.

Regions / Country
india
Global challenges
Topics
Disability
Old age Pensions
Survivor
Occupational accidents and diseases
Document Type

Uruguay: Exemption from employer contributions for school transport companies and those who provide school canteen services

Submitted by mmarquez on Wed, 11/25/2020 - 17:05

BPS (20.11.2020) Transportation companies and school canteens are exempted from paying employer retirement contributions in the period between April 1, 2020 and March 31, 2021. There are already 293 companies that have this benefit.

Regions / Country
uruguay
Global challenges
Topics
Old age Pensions
Contribution Collection and Compliance
Document Type

Romania: Parliament expands the list of people who can retire 2 years earlier

Submitted by siha on Thu, 11/12/2020 - 17:43

Legestart (10.11.2020) The Chamber of Deputies has adopted a legislative proposal that provides for the extension of the categories of persons benefiting from the reduction by 2 years of the standard retirement age because they lived at least 30 years in areas with residual pollution, being introduced another 27 localities, including Bacău , Oneşti, Năvodari, Baraolt, Târgovişte and Titu. The legislative proposal has as object of regulation the modification of paragraph 5 of article 65 of Law no.

Regions / Country
romania
Topics
Old age Pensions
Service quality
Shocks & extreme events
Document Type