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

Insurance Compensation Consortium: Providing Compensation for Extraordinary Natural Disasters in Spain’s Province of Ávila

Insurance Compensation Consortium: Providing Compensation for Extraordinary Natural Disasters in Spain’s Province of Ávila

In May 2011, the Murcian town of Lorca suffered an earthquake of magnitude 5.1 on the Richter scale that caused 9 fatalities, more than 300 injuries and 462 million euros in direct economic losses. On December 13, 2021, after 85 active days, the eruption of the volcano on the island of La Palma ceased, leaving … Read more

The Government’s Plan for Pension Indexation in 2024: Impact on Retirement and Disability Benefits

The Government’s Plan for Pension Indexation in 2024: Impact on Retirement and Disability Benefits

Pension issues seem to be in constant flux. In particular, the indexation of retirement and disability benefits is a topic of frequent discussion. This is especially important at a time when inflation remains high and each additional zloty seems to be extremely important in the context of monthly benefits. What will change this time? What … Read more