Old-age pensions

Fiji: FNPF Pensioners to receive COVID-19 relief

Submitted by siha on

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.

Regions / Country
fiji
Global challenges
Topics
Old-age pensions
COVID-19
Document Type

New Zealand: Paying clients stranded overseas

Submitted by siha on

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.

Regions / Country
new zealand
Topics
Old-age pensions
Unemployment
Extension of coverage
Service delivery
Migration
Document Type

Congress must act now to fix a Social Security COVID-19 glitch and expand, not cut, benefits | TheHill

Submitted by mmarquez on

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.

Regions / Country
United States
Global challenges
Topics
Old-age pensions
Governance and administration
Document Type

Brasil: INSS extends anticipation of the Benefit of Continuous Provision (BPC) and Sickness until October 31

Submitted by mmarquez on

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.

Regions / Country
brazil
Global challenges
Topics
Cash sickness benefits
Disability
Old-age pensions
Difficult-to-cover groups
Social assistance

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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