blogs.adb.org (Aug 2019) Millions of Asia’s informal workers – such as vendors, day laborers, and others – are left out of national pension systems. Here’s what we can do to help them in their later years.
Reuters (27.08.2019) Japan’s government unveiled estimates on Tuesday that showed public pension benefits steadily declining during coming decades, as it prepares to open up a debate on social security reforms needed to support an aging population.
lemonde.fr (30.09.2019) Emmanuel Macron a laissé entendre lundi que la notion d’« âge pivot » pourrait être remplacée par une durée de cotisation. Un débat qui n’est pas seulement sémantique.
IPE (29.08.2019) he differences between the coverage ratios of Swiss municipal pension funds are “enormous” and in some cases there are big holes, according to analysis carried out by the think tank Avenir Suisse.
IPE (28.08.2019) The steering group of social partners in the Netherlands is working on various solutions for the consequences of pension cuts on retirees’ purchasing power, according to local trade union CNV. Both an increase to the state pension (AOW) and the avoidance of cuts to second-pillar payouts are options to be reviewed, the trade union stated in response to questions posed by Dutch pensions industry publication Pensioen Pro.
Les Echos (27.08.2019) Le président de la République a indiqué lundi soir privilégier « un accord sur la durée de cotisation plutôt que sur l'âge » de départ à la retraite. Ce qui remet en question l'instauration d'un âge pivot à 64 ans, préconisée par le rapport Delevoye sous peine de décote.
newstatesman (20.08.2019) A simplistic plan to save money would bring hardship to those least able to cope. t is rare that I see a proposal as potentially damaging as the recommendation, just published by the Centre for Social Justice, to dramatically increase the state pension age – to 70 by 2028 and then to 75 a few years later. This flawed policy thinking suggests little understanding of the role and impact of state pensions and the differentials within our society. It must be dismissed immediately before it is adopted by politicians looking for seemingly easy benefits.
Bloomberg (18.08.2019) Singapore extended support for older workers in the aging island nation as the current leadership prepares to hand over to a new generation in the next few years. The retirement age will be gradually raised to 65 from 62, Prime Minister Lee Hsien Loong said Sunday in his annual National Day Rally speech. The re-employment age, where employers must offer work in the same organization, will rise to 70 from 67.
independent(19.08.2019) The €5 hike to the State pension and weekly social welfare payments is in jeopardy amid a major Budget battle in Fianna Fáil. Despite the risk of a no-deal Brexit and opposition at senior levels of the party, social protection spokesman Willie O'Dea said he would be "robustly" arguing for the same €5 per week increase in welfare payments.
The Japan Times (09.07.2019) The public pension system and people’s concern over their retirement finances emerged as a key campaign issue for the upcoming Upper House election after a Financial Services Agency council report estimated that a model household of retirees dependent on pension benefits to cover their expenses would face a shortfall of ¥20 million if they lived to the age of 95.
