Pension Archives - Page 4 of 7 - Pension Policy International

14AugAugust 14, 2023

Generational capital: how stock rent is supposed to work

The statutory pension insurance system in Germany is faced with a dilemma: more and more pension recipients are faced with fewer and fewer contributors. So far, the statutory pension system has been structured according to the pay-as-you-go system: the contributions of the contributors are used to pay out the pensions to the recipients. Statutory pension insurance no longer sustainable But this money is no longer enough. Last year, taxpayers paid more than 100 billion euros into the pension fund as a...

August 14, 2023

NewsPension

14AugAugust 14, 2023

Motorcycle taxi drivers want to participate in social insurance to have pensions

Many motorcycle taxi drivers who are carrying tourists to visit Quang Nam Province’s UNESCO-recognized natural heritage site of Hoi An City, the Hoai River with meager income but they still want to pay voluntary social insurance so that they will have a pension to ensure their life when they get old. On a field trip to Quang Nam Province organized by the Vietnam Social Security, journalists in Hanoi and Ho Chi Minh City interviewed motorcycle taxi drivers in the ancient...

August 14, 2023

NewsPension, Taxi

11AugAugust 11, 2023

Jubilaciones, pensiones y AUH: cuánto se cobrará en septiembre después de los aumentos

Este jueves, el Gobierno anunció un aumento del 23,29 por ciento en las jubilaciones y la Asignación Universal por Hijo (AUH) a partir de septiembre. De esta forma, el haber mínimo, sin el bono, pasará a ser de $87.489. Anses, además, anunció que pagará para los jubilados de la mínima un bono por los próximos tres meses de 27 mil pesos cada mes, por lo cual “ningún jubilado cobrará menos de $114.460″, al menos hasta noviembre, según dijo la directora...

August 11, 2023

NoticiasPension

11AugAugust 11, 2023

We will partake in government’s new DDEP – SSNIT

The Social Security and National Insurance Trust (SSNIT) has said the new terms of the Domestic Debt Exchange Programme (DDEP) offered by government was better than the previous one. According to the Director-General of SSNIT, Dr John Ofori Tenkorang, the Trust will fully participate in government’s alternative Domestic Debt Exchange Programme including pension funds. He noted that the move will however not affect its payment of pensions to beneficiaries. “Government has tabled a new offer for pension funds that are...

August 11, 2023

NewsPension

11AugAugust 11, 2023

Yonder partners with Smart Pensions to make workplace pensions simpler for international employers

Yonder, the Irish fintech automating health insurance and retirement benefits, has partnered with Smart Pensions to bridge the gap between international employers and their remote workers. Using both companies’ APIs, the partnership will provide international employers with a digital way to set up and manage workplace pensions for UK-based employees that is compliant with UK auto-enrolment law. So regardless of where a company is based, and whether it has a UK bank account, it will be able to give their UK-based...

August 11, 2023

NewsPension

11AugAugust 11, 2023

Big Changes to Retirement Plans Including 401K Catch-up Contributions

The SECURE Act 2.0 brings a slate of changes to retirement accounts and the way workers save for retirement. A summary of the Act can be found on the US Senate Finance Committee website. Among the many changes are the following highlights: Mandatory Automatic Enrollment – Beginning after December 31, 2024, most employers will be required to automatically enroll employees in new 401(k) and 403(b) plans unless the employees opt out. Required Minimum Distribution Changes – Currently, plan participants must...

August 11, 2023

NewsPension

10AugAugust 10, 2023

Retired teachers will get pensions within 6 months, CS Ezekiel Machogu tells senators

It will now take just less than six months to process pensions for retired teachers, Education Cabinet Secretary Ezekiel Machogu has announced. Appearing before the Senate on August 9, 2023, Mr Machogu said his ministry has directed the Teachers Service Commission (TSC) to ensure that, once a teacher retires, his or her file is immediately processed and submitted to the Pensions Department at the National Treasury. Thereafter, he explained, the processing of the payment of the dues should take between four...

August 10, 2023

NewsPension

10AugAugust 10, 2023

Universal Pension: Deposit Tk50 lakh over 42 years, get up to Tk6cr back

In addition to ensuring social security and reducing the number of beneficiaries in the social safety programme, the scheme will be of significant advantages to contributors. By enrolling in the scheme at 18 years old, private sector employees or expatriates can receive benefits 12 times greater than their 42 years of contribution, documents from the Finance Ministry reveal. For example, if an expatriate starts contributing Tk10,000 per month under the Probas Scheme, his total contributions to the government would amount to...

August 10, 2023

NewsPension

09AugAugust 9, 2023

Gobierno propone aumentar monto y universo de beneficiarios de la PGU: ¿Cuánto dinero entregaría?

En la agenda del Gobierno, uno de los objetivos más importantes en materia previsional es el aumento de la Pensión Garantizada Universal (PGU), que actualmente llega a un máximo de $206.173 para los adultos mayores de 65 años que cumplan los requisitos. Los trabajos para llegar a esa meta ya están en curso. Hace pocos días se desarrolló la última sesión de la mesa técnica por pensiones, en la que el Ministerio del Trabajo entregó detalles del pilar no contributivo del sistema...

August 9, 2023

Noticias, UncategorizedPension

09AugAugust 9, 2023

Conteo regresivo para empleados públicos y retirados del gobierno

Los retirados y empleados públicos del gobierno de Puerto Rico cuentan con una alcancía para asegurar el pago de sus pensiones por los siguientes 50 años, pero es necesario elegir a los seis voluntarios que actuarán como custodios. A partir del viernes, 18 de agosto, el grupo de transición que se creó como parte del proceso de Título III del gobierno central enviará las papeletas a los pensionados y empleados activos elegibles para seleccionar a los cinco pensionados y un...

August 9, 2023

NoticiasPension, Puerto Rico

August 2023