Pensions

Malaysia. Pension system needs upgrading as nation heads towards ‘super-aged society’

Submitted by pmassetti on Tue, 11/14/2023 - 16:53

pensionpolicyinternational.com (14.10.2023) MALAYSIA is undergoing a significant demographic shift towards an ageing population.  The World Bank has projected that with 14% of the population aged 65 and above by 2044, it will officially be an “aged society”.

Regions / Country
malaysia
Global challenges
Topics
Pensions
Document Type

More German pensioners are slipping into poverty each year

Submitted by pmassetti on Thu, 10/19/2023 - 15:41

iamexpat.de (18.10.2023) For an increasing number of retirees, Germany’s state pension payments are not sufficient to keep up with the rising cost of living. While the Left Party are calling for a 1.200-euro per month pension, the VdK argue that insecure working conditions lie at the heart of the problem.

Regions / Country
germany
Global challenges
Topics
Pensions
Document Type

Bangladesh: PM Hasina opens universal pension scheme

Submitted by pmassetti on Thu, 08/17/2023 - 16:19

dhakatribune.com (17.08.2023) Prime Minister Sheikh Hasina on Thursday inaugurated the much-talked-about Universal Pension Scheme to bring all the people of the country aged above 18 under the scheme. She initially opened the pension scheme — Pragati, Surokkha, Samata and Prabashi — joining the inaugural program virtually from her official Ganabhaban residence in the morning. After launching the scheme, the premier said: "We opened the Universal Pension Scheme in the Month of Mourning.

Regions / Country
bangladesh
Global challenges
Topics
Pensions
Document Type

UK. Fifth of savers want oil excluded from their pensions

Submitted by pmassetti on Fri, 06/23/2023 - 11:45

pensionpolicyinternational.com (19.06.2023) A growing number of pension savers would like to see the oil sector completely excluded from their pension fund’s investments. Some 21 per cent of pension savers say they want oil to be axed from their pension, according to a survey from online pension provider PensionBee. This has jumped from 15 per cent of pension savers last year. Alongside oil, the main investments people want excluded from their pensions are companies contributing to deforestation, habitat destruction and predatory lending.

Regions / Country
united kingdom
Topics
Pensions
Document Type

France: Retraites : une réforme controversée à l'impact incertain

Submitted by pmassetti on Mon, 04/24/2023 - 10:56

Sciences Po (14.04.2023) La réforme des retraites 2023, un sujet qui est au cœur de l’actualité et des préoccupations des citoyens depuis des mois. Une conférence organisée le 5 avril 2023 à Sciences Po a réuni des chercheuses et chercheurs de différentes disciplines s. Ce moment riche de la diversité des perspectives apportées par les intervenants et des questions du public a été l’occasion de revenir sur l’histoire des retraites en France et en comparaison avec les pays européens.

Regions / Country
france
Topics
Pensions
Document Type

"The pension age cannot be same for everybody": EU Commissioner for Jobs and Social Rights

Submitted by pmassetti on Tue, 03/28/2023 - 15:49

france24.com (24.03.2023) Talking Europe speaks to the European Commissioner for Jobs and Social Rights, Nicolas Schmit. With anger growing in France about the government's push to increase the retirement age from 62 to 64, and the EU facing an ongoing cost-of-living crisis, his portfolio is very much in the spotlight –  including recommendations to encourage a Minimum Income for all.

Regions / Country
Europe
Topics
Pensions
Document Type

China to raise retirement age to deal with aging population

Submitted by pmassetti on Thu, 03/16/2023 - 16:19

pensionpolicyinternational.com (14.03.2023) China is planning to raise its retirement age gradually and in phases to cope with the country’s rapidly aging population, the state-backed Global Times said on Tuesday, citing a senior expert from China’s Ministry of Human Resources. Jin Weigang, president of the Chinese Academy of Labor and Social Security Sciences, said China was eyeing a “progressive, flexible and differentiated path to raising the retirement age”, meaning that it would be delayed initially by a few months, which would be subsequently increased.

Regions / Country
china
Global challenges
Topics
Pensions
Document Type