SundayWorld.com (05.04.2024) Up to 800,000 workers will be automatically enrolled into a pension scheme for the first time under new legislation published today. Workers who have no occupational or private pension and would have otherwise been solely reliant on the State Pension upon retirement will have access to the scheme under the bill. Employees aged between 23 and 60 years old, who earn over €20,000 per year and who are not already paying into a pension scheme, would automatically be enrolled.

theportugalnews.com (30.03.2024) Heather Humphreys, the minister for social protection, has outlined her plan to implement the much-anticipated pension auto-enrolment programme for workers. Under the plan, businesses would match employee contributions with an additional €3, meaning that the State will contribute €1 for every €3 an employee contributes to their pension account. Workers between the ages of 23 and 60 who are not currently registered in a pension plan will be enrolled automatically.

forbes.com (20.03.2024) Africa is the most youthful continent, with 70% of sub-Saharan Africa under age 30. With high fertility rates and objections to birth control, the youth population will continue to grow. Investing in young people is important for the continent’s transformation, but Africa also needs to prepare for a growing older population that will present new issues in the decades ahead. By the end of this century, Africa will be home to almost 40% of the world’s population, including a 15-fold growth in older adults, from 46 million today to 694 million.

economist.com (21.03.2024) Most European countries have been making parental leave more generous since the 1980s. The eu sets a statutory minimum of 14 weeks leave for mothers and, since 2022, two weeks for fathers. But many member states offer leave that is much longer: the average across the eu is 21 weeks for women and three weeks for men, but lengths vary wildly. Paternity leave has been changing the most. Nordic countries were the first to introduce it by statute. Sweden had in 1974 introduced shared paid leave that could be taken by either parent; it now amounts to 69 weeks.

finance.yahoo.com (12.03.2024) Governments across Asia—in Singapore and Beijing, Tokyo and Seoul—are facing a crisis: plummeting birth rates. For several decades now, people in East Asian economies have had fewer and fewer children. Last year, South Korea beat its own record for having the world’s lowest birth rate, reporting 0.72 births per woman for 2023, down from 0.78 in 2022. Singapore reported 0.97 births per woman, the first time the rate has fallen below one. Japan has one of the world’s oldest populations, with a median age of 49.5.

blogs.worldbank.org (12.12.2023)  In Mali, the Jigisemejiri Emergency Social Safety Net Program is protecting the poorest and most vulnerable rural households from the impact of economic shocks and other crises. Since the program’s launch in 2013, the Government of Mali, with support from the World Bank including IDA grants of $122.4 million total, has provided cash transfers to more than 103,000 households to enable them to meet their urgent needs while investing in their children’s human capital and building their resilience to shocks. 

consilium.europa.eu (11.03.2024) EU employment and social affairs ministers confirmed the provisional agreement reached on 8 February 2024 between the Council’s presidency and the European Parliament’s negotiators on the platform work directive. This EU legal act aims to improve working conditions and regulate the use of algorithms by digital labour platforms. The directive will make the use of algorithms in human resources management more transparent, ensuring that automated systems are monitored by qualified staff and that workers have the right to contest automated decisions.

Swiss voters have given themselves an extra month's pension each year - in a nationwide referendum focusing on living standards for the elderly. The government had warned that the increased payments would be too expensive to afford. But almost 60% of voters said 'yes' in Sunday's poll. Separately, 75% rejected raising the pension age from 65 to 66. The maximum monthly state pension is €2,550 (£2,180; $2,760) - not enough, many say, to live on in Switzerland.

la-croix.com (03.03.2024) La Suisse, dont la population vieillissante est confrontée à un coût de la vie en hausse, a voté dimanche en faveur d'un 13ème mois de retraite, un pas "historique" selon ses défenseurs, mais a rejeté le relèvement de l'âge du départ.

bnnbreaking.com (26.02.2024) The World Bank recommends mandatory retirement savings for digital platform workers in Malaysia to safeguard informal workers in the gig economy. Explore the challenges faced by informal workers and the government's response to ensure economic security.