Pension Reform Archives - Page 31 of 37 - Pension Policy International

27FebFebruary 27, 2020

France shows slow progress of pension reform in parliament, raising concerns of Macron imposing it by decree

Discussions in France's National Assembly on the pension reform bill are continuing this Wednesday amid tensions delaying the progress of debates, marked by the opposition's rejection of the bill. Since February 17, the government initiative to establish a universal points-based system is on the daily agenda of the National Assembly. The mechanism used in the sessions by France Insoumise members and communists has been to introduce over 30,000 amendments in order to obstruct the bill, which is one of...

February 27, 2020

News, Slider2020, Europe, France, Pension Reform

26FebFebruary 26, 2020

Greece. Parliament opens debate on new social security bill

Greek lawmakers started debating on Tuesday evening a social security bill, which Labor Minister Yiannis Vroutsis describing it as a "watershed" law that will affect current and future generations. Earlier, the minister tabled an accompanying actuarial report which he said "proves the [draft] law's viability until 2070." "The law has come to restore injustices of the past and to align with constitutional order and restore SYRIZA's Katrougalos law, which contravenes the constitution," Vroutsis said, adding that during the...

February 26, 2020

News, Slider2020, Europe, Greece, Pension Reform

22FebFebruary 22, 2020

Japan’s Public Sector Balance Sheet

By Yugo Koshima This paper compiles and reviews the evolution of Japan's Public Sector Balance Sheet (PSBS). In the past, large crossholdings of assets and liabilities within the public sector played a role in sustaining a high level of public debt and low interest rates. The Fiscal Investment and Loan Fund (FILF) channeled all postal deposits and pension savings to financing of public sector borrowing. After the FILF refrom in 2000, however, the Post Bank and pension funds shifted their...

February 22, 2020

Articles, Pension Management2019, Asia, Government, Japan, Pension Reform, Public Policy

19FebFebruary 19, 2020

Athens Gridlocked as Transport Workers Strike Over Pension Bill

Traffic in parts of the Greek capital came to a standstill on Tuesday as Greek transport workers joined a 24-hour public sector strike over pension reforms. Buses, trolleys, trams and metro transportation will be out of operation for the day. Also Read Greece. Pension hikes to come in June Workers from the Athens suburban railway Proastiakos and intercity trains announced late on Monday that they will also participate in the strikes. Public hospitals will operate on skeleton staffs, as the...

February 19, 2020

News, Slider2020, Europe, Greece, Pension Reform

18FebFebruary 18, 2020

French MPs begin debating controversial pensions bill

The battle over the French government's pension reforms moved from the street to parliament on Monday, with the opposition vowing to torpedo an overhaul that sparked weeks of strikes and protests. Leftist unions are up in arms over President Emmanuel Macron's bid to fuse France's 42 different retirement schemes into a single points-based system. Also Read A low birth rate and a rapidly ageing population: Europe’s demographic crisis explained Public transport workers walked off the job for a month...

February 18, 2020

News, SliderEurope, France, Pension Reform

14FebFebruary 14, 2020

Ireland. Hundreds of community employment scheme supervisors to strike

Hundreds of community employment (CE) scheme supervisors are to hold a one-day strike on Friday over access to a pension scheme. The supervisors will join with staff working in organisations providing health and social care services that receive State grant-aid (known as section 39 bodies) at a protest to be held in Dublin on Friday. In addition, section 39 workers are scheduled to take industrial action on February 21st in a dispute over pay restoration. The rally is being...

February 14, 2020

News, Slider2020, Europe, Ireland, Pension Reform

12FebFebruary 12, 2020

Need for pensions reform in Zimmbabwe

By Abisha Ndoro The occupational pension fund industry in Zimbabwe is a national crisis. A collective introspection by industry practitioners, boards of trustees, regulators, policymakers and other stakeholders is now necessary in addressing the myriad of underlying problems and reposition pension funds on a platform of long-term sustainability for future generations of retirees. The purpose of this, and subsequent articles, is to begin a process of stimulating debate as we examine the problems besetting the pensions system and crystallise...

February 12, 2020

News, OP Ed, Slider2020, Africa, Pension Reform, Zimbabwe

06FebFebruary 6, 2020

Greek public sector workers to strike over pension bill on Feb. 18

The civil servants’ union ADEDY has called a 24-hour strike for February 18 in protest at the conservative government’s legislation on pensions which is to go before a vote in Parliament this month. According to ADEDY, the bill perpetuates austerity measures introduced by governments during the crisis years, including auxiliary pension cuts of up to 50 percent. The union is calling for the revocation of all pension cuts imposed during the country’s financial crisis, the return of the so-called...

February 6, 2020

News, Slider2020, Europe, Greece, Pension Reform

06FebFebruary 6, 2020

French strikes pass two-month mark with protest planned for Paris

French unions have called for another national day of protest against the government’s pension reform plan on Thursday - the day the plans come before the French parliament. But, two months in to the social movement, the level of disruption was expected to be low compared to what the country saw in the early days of the social movement. Transport is running almost as normal across the country - even in Paris, which was the area hardest hit by...

February 6, 2020

News, Slider2020, Europe, France, Pension Reform

05FebFebruary 5, 2020

Estonia. President not to hold further legal assessment of pension reform bill

President Kersti Kaljulaid is not planning to commission a legal assessment on the government bill to reform the Estonian pensions system, which passed the Riigikogu on January 29. "Over recent months, various parties have been conducting analyses on pension reform, and we do not plan to add to that," the president's communications officer Taavi Linnamäe told ERR. This did not mean the president would not be thoroughly examining the bill, which makes employee contributions to the so-called second pillar of...

February 5, 2020

News, Slider2020, Estonia, Europe, Pension Reform

February 2020