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

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

December Pensions Increases: Table with Simulations and Monthly Allowance Adjustments

December Pensions Increases: Table with Simulations and Monthly Allowance Adjustments

Pensions, increases coming in December. We offer you the table with the simulations band by band. To the monthly allowance and the thirteenthIn fact, the bonus (if the requirements are met) and the adjustment of the revaluation carried out at the beginning of 2023 could be added. Announced for November, it should actually arrive a … Read more

2024 Pensions Increase: How Much Will Romanian Pensions Rise and When?

2024 Pensions Increase: How Much Will Romanian Pensions Rise and When?

Prime Minister Marcel Ciolacu announced on Tuesday how much pensions will increase and when Romanians can enjoy higher incomes. “Regarding the pension law, we entered a more alert procedure, because it is not the first time that I announce, we would like to decouple. It is in the payment request number 4, so it was … Read more

Large Pension Funds Show Financial Improvement: Increase in Pensions Closer

Large Pension Funds Show Financial Improvement: Increase in Pensions Closer

19 Oct 2023 at 00:03 Large pension funds are in better financial shape than a few months ago, which means that an increase in pensions is getting closer. But due to the transition to a new system, the funds are cautious about actually increasing. The pension system will be significantly overhauled in the coming years. … Read more