Supplementary Pension Concerns: Survey Shows Italians Worry About Future Financial Security

Supplementary Pension Concerns: Survey Shows Italians Worry About Future Financial Security

The spare pension it’s a worry for the future. The vast majority of Italians are aware that once they reach the age (and the quotas) for retiring, the public benefit (that which derives from the compulsory contributions paid during their working life) will not be sufficient – alone – to allow them to maintain the … Read more

Pension Increase in Ukraine: Changes for 2024 and Beyond

Pension Increase in Ukraine: Changes for 2024 and Beyond

When and who will get a pension increase? From March 2024, Ukraine will provide for indexation of pensions, introducing point system in accrual. This system is intended to equalize inequalities between pensioners who retired long ago and those who retired recently. According to the law, indexation will be carried out annually from March 1. To … Read more

Chile Tops Mercer’s 2023 Pension System Report in South America, Toppling Brazil and Peru

Chile Tops Mercer’s 2023 Pension System Report in South America, Toppling Brazil and Peru

Retirement is one of the most anticipated stages for a worker, since after years of great effort they will be able to take advantage of their pension fund, money that he contributed during his work period. This amount is usually administered and paid to contributors according to the ages established by each country: for example, … Read more

The Constitutional Court taught the nation a lesson in the pension dispute

The Constitutional Court taught the nation a lesson in the pension dispute

We love those moments when the Czech nation sits down in front of the TV screens and watches a supremely unfunny show on them, as if it were the final of the world championship in chasing a puck with a piece of wood or a poaching competition combining hill running and shooting. That moment came … Read more

purchasing power of salaries sinks

purchasing power of salaries sinks

The Minister of Economy and Planning of Cuba, Alejandro Gil Fernández, presented a report on the country’s economy in 2023. The president admitted that the expected economic growth of 3% of GDP was not achieved and that there could be “an economic contraction.” In this article we tell you some of the main elements that … Read more

How much will pensions be indexed in Kazakhstan, the Minister of Labor answered

How much will pensions be indexed in Kazakhstan, the Minister of Labor answered

During a briefing at the Central Communications Service, Minister of Labor and Social Protection of the Population Svetlana Zhakupova was asked a question about the fate of the basic pension in Kazakhstan, Tengrinews.kz correspondent reports. The journalist asked the minister to comment on the information that this type of pension could be removed from next … Read more

Tokayev approved the minimum wage and MCI for 2024

Tokayev approved the minimum wage and MCI for 2024

President Kassym-Jomart Tokayev signed a law that determines the size of the minimum wage, minimum wage and minimum pension for 2024, Tengrinews.kz reports with reference to the Akorda press service. “The head of state signed the law of the Republic of Kazakhstan “On the republican budget for 2024–2026,” the message says. According to the Senate … Read more

Record 12.075.3 Million Euro Allocation for Social Security Pensions in October 2023

Record 12.075.3 Million Euro Allocation for Social Security Pensions in October 2023

In this month of October, Social Security allocated the record figure of 12,075.3 million euros to the payment of the ordinary monthly payroll of contributory pensions, 10.9% more than in the same month of 2022, as reported this Tuesday by the Ministry of Inclusion, Social Security and Migration. And that, in Ourense, the average pension … Read more