Pension Reform Archives - Page 14 of 37 - Pension Policy International

17MarMarch 17, 2023

The Health-Consumption Effects of Increasing Retirement Age Late in the Game

By Eve Caroli, Catherine Pollak & Muriel Roger Using the differentiated increase in retirement age across cohorts introduced by the 2010 French pension reform, we estimate the health-consumption effects of a 4-month increase in retirement age. We focus on individuals who were close to retirement age but not retired yet by the time the reform was passed. Using administrative data on individual sick-leave claims and non-hospital health-care expenses, we show that the probability of having at least one sickness absence...

March 17, 2023

Articles, Pension design2023, Pension Reform, Retirement Age

17MarMarch 17, 2023

Swiss parliament backs pension overhaul but critics seek referendum

Parliament has approved an overhaul of the occupational pension scheme - a key element of Switzerland's social security system. However, voters are likely to have the final say on the issue as political parties on the left, possibly backed by the main farmer's organisation, have announced they will challenge the reform via a referendum. The legal amendment approved by parliament is intended to secure the level of the occupational pension, strengthen financing and improve the protection of part-time employees, notably women. At...

March 17, 2023

News2023, Occupational Pensions, Pension Reform, Switzerland

17MarMarch 17, 2023

Macron puts his government at risk with decision to raise the retirement age in France

French President Emmanuel Macron imposed a highly unpopular bill raising the retirement age from 62 to 64 on Thursday by shunning parliament and invoking a special constitutional power. Lawmakers were shouting, their voices shaking with emotion as Macron made the risky move, which is expected to trigger quick motions of no-confidence in his government. Riot police vans zoomed by outside the National Assembly, their sirens wailing. The proposed pension changes have prompted major strikes and protests across the country since January....

March 17, 2023

News2023, France, Pension Reform, Retirement Age

16MarMarch 16, 2023

Spain’s unions back government public pension reform

Spain's left-wing government won the backing of unions to reform the nation's public pension system on Wednesday, in stark contrast with neighboring France, where plans to raise the retirement age have led to waves of strikes and mass protests. The leaders of Spain’s two main labor unions, UGT and CC.OO., appeared alongside Minister of Social Security José Luis Escrivá in Madrid to christen the plan the union heads both deemed “historic.” CC.OO. secretary general Unai Sordo said that the reform would...

March 16, 2023

NewsPension Reform, Spain

13MarMarch 13, 2023

Spain, Commission agree to controversial pension reform

The government and the European Commission reached a last-minute agreement on a controversial pension system reform which paves the way for Madrid to receive the next tranches of the EU’s Next Generation funds. After months of work and tangible divergences between the two coalition partners, PSOE (S&D) and Unidas Podemos (EU Left), the government struck a deal on Friday, partially softening the coalition’s rift currently in. The reform, agreed with the European Commission, is part of the several milestones committed by...

March 13, 2023

NewsPension Reform, Spain

10MarMarch 10, 2023

French Senate votes to raise retirement age from 62 to 64 amid nationwide strikes

France's Senate voted Thursday to raise the retirement age by two years to 64, as the government moves to overhaul the country's pensions system in the face of strong opposition from labour unions. The conservative-dominated legislative body voted in favour of a decisive article to raise the age of retirement by 201 votes to 115. Debate will resume later on Thursday over a controversial amendment to the bill. The Senate majority is rushing to meet a deadline of midnight Sunday to finalise...

March 10, 2023

NewsFrance, Pension Reform, Retirement Age

08MarMarch 8, 2023

More than 1.2 million march in France over plan to raise pension age to 64

More than 1.2 million protesters marched in France on Tuesday as rail workers and refinery staff began rolling strikes and trade unions stepped up their campaign to try to stop Emmanuel Macron’s plan to raise the pension age to 64. For the sixth time since the start of the year, trade unions called a nationwide day of strikes and demonstrations. Many protest rallies attracted bigger crowds than previous ones organised since mid-January, including in Marseille, one of France’s biggest cities,...

March 8, 2023

NewsFrance, Pension Reform

06MarMarch 6, 2023

French Strikes Over Pension Reform Plans Expected to Disrupt Public Transport

Industrial action in France over the government's planned pensions overhaul will cause heavy disruption to public transport again on Tuesday, the transport minister and several public transport authorities said Sunday. For the sixth time since the start of the year, unions are calling for a nationwide day of strikes and demonstrations, aiming to repeat the large turnout seen on the first major protest Jan. 19 when more than a million people marched against the pension reform. "There will be very strong...

March 6, 2023

NewsFrance, Pension Reform

03MarMarch 3, 2023

France’s controversial pension reform bill arrives in Senate

Debate over French President Emmanuel Macron’s contested pension reform legislation starts Thursday in the Senate, where the right – which controls the chamber – is expected to treat the text more favourably than opposition parties did in the National Assembly a fortnight ago. The government is banking on support from Senators belonging to the conservative Les Republicains (LR) party, who favour raising the minimum legal retirement age from 62 to 64, and having citizens work longer to obtain a full...

March 3, 2023

NewsFrance, Pension Reform

22FebFebruary 22, 2023

France. ‘We need to work longer’: France’s Macron defends pensions reform

A majority of the French population, according to polls, and left-wing groups in parliament are strongly opposed to the plan, which includes raising the age of retirement from 62 to 64. But Macron, who put the overhaul at the centre of his re-election campaign last year, had until now largely avoided face-to-face meetings on the plan with members of the public and let his government handle the criticism. On Tuesday, he told journalists the later age was necessary as life expectancy...

February 22, 2023

NewsFrance, Pension Reform

March 2023

The Health-Consumption Effects of Increasing Retirement Age Late in the Game

Swiss parliament backs pension overhaul but critics seek referendum

Macron puts his government at risk with decision to raise the retirement age in France

Spain’s unions back government public pension reform

Spain, Commission agree to controversial pension reform

French Senate votes to raise retirement age from 62 to 64 amid nationwide strikes

More than 1.2 million march in France over plan to raise pension age to 64

French Strikes Over Pension Reform Plans Expected to Disrupt Public Transport

France’s controversial pension reform bill arrives in Senate

February 2023

France. ‘We need to work longer’: France’s Macron defends pensions reform