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

Indexed Pensions and Changes in Payroll: Ukraine’s Efforts to Prioritize Financial Stability During the War

Indexed Pensions and Changes in Payroll: Ukraine’s Efforts to Prioritize Financial Stability During the War

Indexation of pensions during the war The legislation of Ukraine allows not to index payments during the war, but in 2023 the government found an opportunity to index pensions. In 2024, they also plan to index payments and maintain subsidies for low-income Ukrainians. “Now the average pension in Ukraine is about 5311. Another 16% should … Read more

Fourteenth Pension 2023: Calculation, Tax, and Health Insurance Deductions

Fourteenth Pension 2023: Calculation, Tax, and Health Insurance Deductions

We have the calculation of the Fourteenth Pension 2023 after deducting tax and health insurance. See what additional amounts will go to retirees at the turn of August and September. On the signing by President Andrzej Duda of the Act on additional annual cash benefit for pensioners The press office of the Chancellery of the … Read more

Proposed Changes to Increase Widow’s Supplement and Other Pensions by BSP MPs

Proposed Changes to Increase Widow’s Supplement and Other Pensions by BSP MPs

To increase the widow’s supplement to pensions, MPs from BSP with changes to the Social Security Code, introduced between the first and second reading of the draft budget of the PDO in the National Assembly. Now the pensioner is entitled to a supplement in the amount of 26.5 percent of the pension or the sum … Read more

Controversial Pension Reform: Unions Demand Prior Consultation

Controversial Pension Reform: Unions Demand Prior Consultation

The unions say it is unacceptable that the pensions of civil servants are addressed without prior consultation. The chairman of the largest opposition party, Bart De Wever (N-VA), speaks of ‘a direct attack on the pension security of future generations’. The unions working for civil servants are unhappy with the way the pension reform is … Read more

How to Increase Your Future Pension: A Guide to Buying Insurance Experience

How to Increase Your Future Pension: A Guide to Buying Insurance Experience

Who is this feature designed for? for people who are now earning abroad, but wanted to receive a pension in Ukraine; for persons of pre-retirement age who do not have enough experience for a pension; for workers with low formal incomes who, through voluntary contributions, can increase their future pension. To start you need to … Read more

“How to Find the Best Financial Advice: Tips for Irish Consumers Dealing with Inflation and Market Volatility”

“How to Find the Best Financial Advice: Tips for Irish Consumers Dealing with Inflation and Market Volatility”

Looking for the best financial advice? You’re not alone! As inflation continues to eat away at savings and mortgage repayments rise, finding ways to budget and invest wisely is more important than ever. But with so many choices out there, how do you know where to turn? In this article, journalist Gabrielle Monaghan shares her … Read more

Navigating Pension Performance in a Changing Market

Navigating Pension Performance in a Changing Market

As we come to the end of a year that has been tough on pensions, investors are looking for safe havens to protect their investments. Economic uncertainty, political upheaval, and fluctuations in the stock market have left many feeling unsure about where to put their money. In this article, we will explore a few safe … Read more