News Archives - Page 40 of 922 - Pension Policy International

13OctOctober 13, 2025

Russia “froze” the National Welfare Fund: pensions of Russian citizens under threat

The Russian government is restricting the use of funds from the National Welfare Fund after almost two-thirds of its assets were spent during the war. For 2026, about $460 million is planned to be used from the fund, which is tens of times less than before. Thus, the main burden of financing state expenditures, due to income deficit and sanctions, will fall on the population. UNN writes with reference to the Center for Countering Disinformation. Details The Russian government has decided to limit the use...

October 13, 2025

NewsPublic Pensions, Russia

13OctOctober 13, 2025

US. New IRS Rule Will Reshape 401k Contributions for Millions of Workers

A new rule issued by the IRS will alter how higher-income Americans approaching retirement can save in their 401(k) and other tax-deferred workplace retirement plans. The regulation comes from the SECURE 2.0 Act of 2022 and is scheduled to take effect at the start of the 2026 tax year. According to reporting by CNN, the change introduces new conditions on catch-up contributions for individuals who earned $145,000 or more in the prior year. These contributions will be redirected into Roth...

October 13, 2025

NewsRegulation, Taxation, US, v

13OctOctober 13, 2025

The Political Economy of Gig Pensions

Since 1991, the limited gains attained by working people in terms of social security, including pensions, have been whittled down by the joint actions of the Indian government and big business. Even government employees and teachers have been forcibly transitioned to the defined contribution-based National Pension System (NPS), where both the employee and the government make monthly contributions toward a retirement corpus whose terminal value is market-linked, from the defined benefit Old Pension Scheme (OPS). A small number of private...

October 13, 2025

NewsIndia, Informal Sector

10OctOctober 10, 2025

Europe’s aging burden far less than US or China

Graying Europe has long been considered an outlier in global demographics – but the rising cost to its governments in terms of bills for pensions and health care are more manageable than assumed and less than in rival economies in the United States and China. In a detailed report on the rising cost to the public purse from Europe's aging population, Brussels-based think Breugel this week outlined the trajectory through 2070 using the latest country-by-country data from the European Commission. Familiar...

October 10, 2025

NewsAging, Europe, Healthcare, Public Policy

10OctOctober 10, 2025

US. Residence-Based Tax: Social Security, Pensions And 30% Withholding

The endorsement of an elective residence-based taxation model by former IRS Commissioner Charles Rettig and former IRS Commissioner Counselor Tom Cullinan, covered in my earlier Forbes article, has sparked important discussions about fairness for Americans abroad. Their piece highlights the burdens of America’s citizenship-based tax system and calls for a shift to treat expats more equitably. An astute reader recently emailed me and our correspondence hammered out that details matter in an RBT model, especially for older expats. What happens...

October 10, 2025

NewsTaxation, US

10OctOctober 10, 2025

Nigeria. PenCom reintroduces gratuity for federal civil servants

The National Pension Commission has disclosed that it has deployed a framework to restore gratuity for Federal Civil Service under the Contributory Pension Scheme. Director-General of PenCom, Omolola Oloworaran made the disclosure in Abuja on Thursday at a Stakeholders' Conference on the Workings of the Contributory Pension Scheme (CPS) for Employees and Pensioners of Federal Government Treasury-Funded Ministries, Departments and Agencies Represented by the acting commissioner, Technical at the commission, Hon. Hafiz Kawu Ibrahim, the DG said, 'Working with the office...

October 10, 2025

NewsNigeria, Public Pensions

09OctOctober 9, 2025

Modifying pension reform would be very costly for France, says finance minister

Any plans to modify France's pension reforms - whose unpopularity is one of the reasons behind the country's political crisis - would be very costly for the economy, said acting French finance minister Roland Lescure on Wednesday. "Modifying the pension reform will cost hundreds of millions in 2026, and billions in 2027," Lescure told France Inter radio. Elisabeth Borne, a former Prime Minister and the country's current caretaker education minister, told Le Parisien newspaper on Tuesday that she was open to suspending the pension overhaul...

October 9, 2025

NewsFrance, Pension Reform

09OctOctober 9, 2025

The Paradox of Demographic Dividend: Ageing Population and the Gig Economy

As I travel from my office in Dal Gate towards Jawahar Nagar, in Srinagar, a 24-year-old food delivery rider parks his scooter in front of a coaching centre. He has just completed his third order of the morning and is checking his phone for the next one. His father, meanwhile, spent three decades as a government schoolteacher, drawing a steady salary and retiring with a pension that still sustains the family. The contrast could not be sharper: the father’s...

October 9, 2025

NewsIndia, Informal Sector, Labor Market

09OctOctober 9, 2025

US. CalSTRS Forms Climate Co-Investment Partnership With Carlyle Alpinvest

The California State Teachers’ Retirement System is partnering with Caryle Alpinvest to expand the $374.3 billion pension fund’s ability to access co-investment climate solution opportunities, Carlyle Alpinvest announced Tuesday. “This partnership is designed to expand CalSTRS’ ability to invest alongside private equity managers in climate solution opportunities beyond CalSTRS’ direct investment program,” Carlyle Alpinvest stated. Carlyle Alpinvest is a specialist subsidiary of the Carlyle Group. Alpinvest reports $97 billion of assets under management, the Carlyle Group manages $465 billion in total, including...

October 9, 2025

NewsClimate crisis, Pension Management, US

09OctOctober 9, 2025

Europe’s pension system reform could bring boost to risk assets

Europe’s growing productivity gap to the US and China in particular could be closed with the help of more long-term risk capital in asset classes such as public and private equities and infrastructure to drive productive investments, according to a study authored by researchers at McGill University in collaboration with the Association of the Luxembourg Fund Industry (ALFI). In a report titled “EUROPE’S PRODUCTIVE CAPITAL GAP – Mobilising pension and household savings to scale up risk capital”, authors based at...

October 9, 2025

NewsEurope, Investment, Risk

October 2025