adequacy

Australia: Temporarily reducing superannuation minimum drawdown rates

Submitted by siha on Thu, 08/06/2020 - 11:23

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

Germany: German parliament approves basic pension law

Submitted by siha on Fri, 07/31/2020 - 11:42

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

Lithuania: What Help can the Low-Income Residents Expect from the State?:Child benefits

Submitted by siha on Wed, 07/01/2020 - 16:41

Ministry of Social Security and Labour (11.06.2020) Child benefit is a universal benefit paid to each child. Its size in 2020 is 60 euros.

Regions / Country
lithuania
Global challenges
Topics
Family benefits
Service quality
Cash transfers
Document Type

Kuwait: Amendments to the Insurance Law are in the interest of the citizen

Submitted by siha on Wed, 06/24/2020 - 16:29

Social Insurance Institution (21.06.2020) In context of the improvement in life rates in Kuwait and the decrease in death rates due to the development of health care, the Kuwaiti National Assembly approved a draft law amending some provisions of the Social Insurance Law related to the replacement system, whereby the tables of the replacement value were modified so that the insured and the pensioners could obtain higher replacement values ​​than before.

 

 

Regions / Country
kuwait
Topics
Old age Pensions
Actuarial
Service quality
Document Type

Japan: Pension reform bill enacted

Submitted by siha on Fri, 05/29/2020 - 14:34

Nikkei (29.05.2020) On the 29th, the Pension Reform Law was enacted, which includes such provisions as a lowering of the starting age for public pension benefits to 75. Increase the amount of pension you receive by delaying receipt of benefits. The government will also review the "working-age pension," which reduces some of the pensions of the working elderly, in an effort to encourage the elderly to work. The application of employee pensions to part-time workers will also be expanded in a phased manner.

Regions / Country
japan
Topics
Old age Pensions

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Document Type

Le krach boursier menace les retraites dans de nombreux pays

Submitted by gfilhon on Mon, 03/16/2020 - 16:58

Selon le Congressional Budget Office (CBO), les fonds auraient perdu au total 2 000 milliards de dollars en quinze mois (20 % de leur valeur). Les célèbres CalPERS et CalSTRS, dédiés au financement des retraites des fonctionnaires et professeurs de Californie, ont fondu de 26 % et 10 % depuis fin juin.

Topics
Old age Pensions
Pensions
Digital Economy Topical Cluster
Economic impact
Societal Impact
New risks
Document Type

La retraite des autoentrepreneurs pourrait coûter des milliards d'euros à l'Etat

Submitted by gfilhon on Thu, 01/23/2020 - 10:47

C'est un arrêt à haut risque pour les finances de l'Etat. La Cour de Cassation doit se prononcer sur la minoration systématique des pensions de retraites par la caisse de retraites des autoentrepreneurs, la CIPAV. L'Etat a laissé faire et pourrait se voir demander de rembourser une note salée.

Regions / Country
france
Topics
Old age Pensions
Employment
Extension of coverage
Document Type

Réforme des retraites : les simulations confirment le rôle capital de l’âge pivot

Submitted by gfilhon on Thu, 01/23/2020 - 10:41

lemonde.fr (21.01.2020) L’analyse des « cas types » par le gouvernement montre que la réforme pénaliserait les départs avant l’âge pivot et profiterait à ceux qui travailleraient plus tard.

Regions / Country
Europe
france
Global challenges
Topics
Old age Pensions
Document Type

CNPS: Des pensions retraites plus consistantes - Caisse Nationale de Prévoyance Sociale

Submitted by pmondoa on Fri, 07/12/2019 - 15:04

Grace à la réforme paramétrique intervenue en février2015, à l’initiative du président de la République, la pension mensuelle la plus élevée payée par la CNPS est passée de 154 000 francs CFA en 2008 à 409 100 francs CFA à ce jour !

Regions / Country
cameroon
Global challenges
Topics
Pensions
Financing
Document Type

Les Néerlandais menacés par une baisse de leur retraite | Les Echos

Submitted by gfilhon on Mon, 04/29/2019 - 17:19

Un recul des prestations versées aux retraités menace dès l'année prochaine du fait de la mauvaise santé financière des fonds de pension. Le Premier ministre a convoqué d'urgence les partenaires sociaux pour remettre à plat le système. Les syndicats entendent négocier un abaissement de l'âge de la retraite à 66 ans.

Regions / Country
Europe
netherlands
Global challenges
Document Type