News Archives - Page 80 of 964 - Pension Policy International

17OctOctober 17, 2025

Koreans’ life expectancy has exceeded 83 years, but their retirement age is still in their mid to late 50s

Koreans' life expectancy has exceeded 83 years, but their retirement age is still in their mid to late 50s. As of 2025, the average monthly receipt of the national pension is only about 670,000 won. In other words, it is not enough to prepare the necessary funds for the retirement period, which lasts more than 20 years on average. In addition, if the national pension is not received early, it can be received from the age of 63 to 65,...

October 17, 2025

NewsEquality, Income, Public Pensions, US

17OctOctober 17, 2025

French PM survives no-confidence votes after making pension concession

French Prime Minister Sebastien Lecornu survived two no-confidence votes in parliament on Thursday, winning crucial backing from the Socialist Party thanks to his pledge to suspend President Emmanuel Macron’s contested pension reform. The two motions presented by the hard-left France Unbowed and the far-right National Rally (RN) secured just 271 and 144 votes respectively — well short of the 289 votes needed to bring down Lecornu’s days-old government. Lecornu’s offer to mothball the pension reform until after the 2027 presidential election...

October 17, 2025

NewsFrance, Pension Reform

17OctOctober 17, 2025

Pension schemes should consider societal and environmental impact

A new poll of industry professionals shows resounding support for responsible retirement investments, without forsaking financial returns 100 members of the Society of Pension Professionals were asked if funds should take into consideration the long-term implications of investments for society and our planet. 84% believed there was a need for more responsibility in terms of the vehicles being used to safeguard people’s retirements. In contrast, just 9% said there was no need to think about impact on planet or people, and...

October 17, 2025

NewsClimate crisis, Sustainability

16OctOctober 16, 2025

US. Public Pensions Are Closing Talent Gaps, Survey Reveals

After years of fierce competition for top talent, public pension funds are seeing positive momentum for recruitment and retention, even as salary growth stabilizes. The 2025 Public Pension Compensation Survey conducted by CBIZ and NCPERS reveals that 57% of public pension funds now report no issues attracting or retaining skilled staff, an increase of nearly 20% since 2022. “The public pension sector’s recent workforce stabilization suggests that intentional compensation planning, enhanced benefits, and flexible work models are proving just as powerful as...

October 16, 2025

NewsEquality, Income, Public Pensions, US

16OctOctober 16, 2025

UK. Savers back pension reforms despite cost-of-living strains

Despite the cost-of-living strain, most savers are continuing to save into their pension, research from Pensions UK has found, with 4 per cent of savers having reduced pension contributions. The research showed that many are struggling, as 44 per cent of people say their financial situation is worse than 12 months ago, up from 34 per cent in 2024. As a result, many are cutting back on everyday spending, including eating out (39 per cent), takeaways (35 per cent), holidays (32...

October 16, 2025

NewsInflation, Pension Reform, UK

16OctOctober 16, 2025

Tier 2 pension crisis threatens retirement security for millions of Ghanaian workers

When Ghana’s stakeholders describe their Tier 2 pension situation as a “ticking time bomb,” they’re identifying something far more serious than routine performance disappointment. Over 70 percent of pension contributions sitting idle in low-yielding government instruments signals a systemic failure in the institutional architecture designed specifically to prevent this outcome. Workers across Ghana are losing millions in potential retirement savings not because markets performed poorly, but because fund managers are refusing to invest contributions where returns could actually accumulate. The...

October 16, 2025

NewsGhana, Sustainability

16OctOctober 16, 2025

Why Europe can’t face its pension black hole

France's political standoff shows how European governments, caught between the demands of their ageing electorates and the need to keep spending in check, keep struggling to fix the pension-shaped holes in their budgets. The right to a pension has been a central plank of the European social contract for decades. But longer life spans and fewer births mean most governments can't afford to have people retiring on a full pension in their early 60s, as was once the norm. The Week...

October 16, 2025

NewsEurope, Pension Reform, System sustainability

15OctOctober 15, 2025

Mercer CFA Institute Global Pension Index 2025 released.

The retirement systems of the Netherlands, Iceland and Denmark once again are the top three systems worldwide, according to the 2025 Mercer CFA Institute Global Pension Index. The same three topped Mercer’s 2024 report. For the first time in the 17-year history of the index, Singapore’s retirement system also received an A, the only country in Asia to achieve a rating at that level and the No. 5 system overall. Israel ranked fourth for the second consecutive year. A-grade countries offer...

October 15, 2025

NewsAdequacy, Aging, Pension design, Sustainability

15OctOctober 15, 2025

French PM backs freezing Macron’s pension reform to save government

French Prime Minister Sébastien Lecornu has told parliament he backs suspending controversial 2023 pension reforms, in the face of crucial votes of no-confidence later this week. The changes, which raised the retirement age from 62 to 64, were seen as signature reforms in Emmanuel Macron's presidency. "This autumn I will propose to parliament that we suspend the 2023 pension reform until the [2027] presidential election," Lecornu said to applause from left-wing parties. Lecornu was reappointed prime minister last week only four days...

October 15, 2025

NewsFrance, Pension Reform

15OctOctober 15, 2025

Germany greenlights €2,000 tax-free earnings for pensioners

Germany will introduce an “active pension” from 1 January 2026 that lets people who choose to work past the statutory retirement age earn up to €2,000 per month tax-free. Labour Minister Bärbel Bas framed the Aktivrente as a straightforward incentive intended to keep experienced workers in the labour market. Asked about the centre-right Union’s proposal for a tax-free top-up, Bas said “anyone who voluntarily wants to work longer needs attractive conditions”. She added that the government would lift the ban on prior employment, which...

October 15, 2025

NewsGermany, Income, Social Pensions

October 2025