July 2018

France. Macron promises spending cuts, pension and dole reform in address to parliament

Macron is only the third French president to address the Congress, as the event is called, meeting with great pomp and circumstance at the former royal palace in Versailles. He follows Nicolas Sarkozy, who called the first one during the world financial crisis in 2009, and François Hollande, who summoned the Congress after the 13 November 2015 Paris attacks. The president repeated his intention to make the meeting, which cost some 290,000 euros this year, an annual event, much to the...

US. Can we reinvent pensions with blockchain?

For many of us, retirement can seem like a far-off thing, a bridge to cross when we come to it. Everyday worries about bills, rent, and debts dominate our financial thoughts, and there just isn’t much space left to think about pensions. But pensions are important. Populations are getting older, and most of us can now hope to live many more years after we retire. We want enough money to enjoy our final couple of decades in relative prosperity, and...

Switzerland. Work pension challenge targets age-related unfair dismissals

The Workfair 50+external link group announced on Tuesday its intention of forcing a nationwide vote on the issue. It wants pension laws to be changed to make workplace pension fund contributions the same for everyone regardless of age. At present, both workers and employers pay increasing amounts as employees move into older age brackets. Workfair 50+ said it had conducted a survey that found 1,200 people who felt that age discrimination had led to their dismissal. Read More: Swiss Info

Fast-ageing Hong Kong district Kwai Tsing to test drive subsidised health care plan

Patients seeking out medical care at a new community health care hub in a Hong Kong district with one of the city’s fastest-ageing populations will get a government subsidy and fee caps on services. Details of the plan were revealed in a government paper on Tuesday, which set out proposals for a district health centre in Kwai Tsing, which is expected to open in the third quarter of 2019. First announced in Chief Executive Carrie Lam Cheng Yuet-ngor’s policy address in...

Pension directors banned from running companies for 21 years

Gleeson Bessent Trustee Services (GBTS) and Gleeson Bessent Trustees (GBT), based in Preston, were wound up in the public interest by the courts in March 2017. Investigations by the Insolvency Service into the conduct of the directors has led to the four directors giving disqualification undertakings totaling 21 years , which means they cannot run a company directly or on behalf of someone else. Roger Bessent, of Lytham St Annes, and Tracy Park, of Freckleton, were directors of GTBS, while Roger...

España. Fidentiis se asocia con la mexicana Vitalis para fomentar el ahorro mediante el consumo

Mediante el consumo y no por la vía del ingreso. Así es la nueva fórmula que distintas entidades financieras están planteando para fomentar el ahorro periódico para la jubilación, apoyándose en la tecnología fintech y en los patrones de conducta diaria de los ciudadanos. En España, AXA dio un primer paso con la app VidAhorro, que sigue esa línea de actuación. Recientemente, Caser y Finizens han anunciando que están trabajando en una solución mejorada que también sigue ese camino. La...

US. A record number of folks age 85 and older are working. Here’s what they’re doing.

Seventy may be the new 60, and 80 may be the new 70, but 85 is still pretty old to work in America. Yet in some ways, it is the era of the very old worker in America. Overall, 255,000 Americans 85 years old or older were working over the past 12 months. That's 4.4 percent of Americans that age, up from 2.6 percent in 2006, before the recession. It’s the highest number on record. They're doing all sorts of jobs —...

España. Las mujeres obtienen un 55% menos de pensión de media, según el Ministerio de Trabajo

Una parte importante de la batalla de la ideología de género es crear un conflicto entre sexos, entre el hombre y la mujer. La lucha de clases se ha convertido en una lucha de sexos, y hay que fomentarla para que el conflicto siga vivo. El Ministerio de Trabajo ha presentado recientemente los últimos datos de la nómina de las pensiones y según la interpretación fría que ofrecen, los datos muestran que la diferencia entre las prestaciones que reciben hombres...

Las complejidades del debate pensional en Colombia

El sistema de pensiones nacional tiene problemas profundos, como su baja cobertura y su insostenibilidad financiera, que hacen urgente una reforma en la materia. El problema es cómo hacerla. El debate pensional ha venido a ocupar, con razón, un papel central en las discusiones nacionales recientes. Es una de las áreas de la política social donde las inequidades son más agudas y un tema central para la política fiscal, dados los altos recursos públicos que se necesitan para cubrir las...