August 2025
08Aug

Argentinians protest vetoes to pension and disability funding

Argentinians on Wednesday gathered outside the country’s Congress to protest President Javier Milei’s decision to block raises in pension and disability funding. Milei on Monday vetoed three bills which had previously been approved by lawmakers. The first would have seen a 7.2% increase for all pensions, and would have raised the monthly bonus to 110,000 pesos (approximately USD $80). The second would have permitted women over 60 years old and men over 65 years of age to retire, even if they had not completed...

August 8, 2025
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05Aug

Argentina. Milei vetoes pension increases in bid for fiscal balance

President Javier Milei on Monday vetoed a law approved by Congress to increase pensions for the elderly and the disabled, arguing it undermined his attempts to balance Argentina's budget. It was the second time since August 2024 that Milei – a self-declared "anarcho-capitalist" – has prevented a pension increase. In a notice published in the government's Official Gazette, Milei also scrapped a provision that had temporarily allowed pensions for people who had not contributed to the system for the required 30 years. More than...

August 5, 2025
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July 2025
29Jul

Why do many Swiss people choose to emigrate in old age?

Having worked their entire lives, paying into the system and forgoing vacations, some Swiss are shocked to discover they can't afford life in Switzerland after retirement. More and more retirees are choosing to leave their homeland – not in search of adventure, but out of sheer necessity. "After working hard for so many years, pensioners are being pushed to the margins of society. When it comes to its own people, I no longer see Switzerland as a social country." State pensions...

July 29, 2025
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18Jul

Developing Retirement Living Standards

By Matt Padley & Claire Shepherd The Retirement Living Standards (RLS), first published in 2019 and funded by the Pensions and Lifetime Savings Association (PLSA), set out what the public agree is needed to retire at two living standards above a minimum standard of living, based on extensive research with members of the public. The research uses the established approach to defining minimum living standards pioneered at CRSP and describes in detail what the public agree single and partnered retirees...

July 18, 2025
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18Jul

Individuals’ challenges managing pensions through retirement

By Bee Boileau, Jonathan Cribb & Carl Emmerson This report is one of two reports on the management of pension wealth in retirement conducted as part of the Pensions Review, led by the Institute for Fiscal Studies in partnership with the abrdn Financial Fairness Trust. In this report, we examine the decisions that older individuals face as they draw on and manage their private pension wealth through retirement. In particular, we highlight the growing importance of defined contribution (DC) wealth,...

July 18, 2025
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17Jul

Pakistan approves 15 pct increase in EOBI pensions

Pakistan's federal cabinet has approved a 15 percent increase in pensions for beneficiaries of the Employees' Old-Age Benefits Institution (EOBI), according to an official statement issued on Wednesday. The decision was made during a cabinet meeting chaired by Prime Minister Shehbaz Sharif. The increase, effective from Jan. 1, 2025, will be financed through EOBI's own resources, the statement said. The cabinet also approved the formation of a committee to propose institutional reforms within EOBI and explore options to extend pension coverage...

July 17, 2025
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16Jul

Ranked: Countries With the Highest & Lowest Pensions in Europe

Rich Western economies like Iceland, Luxembourg, and Norway can afford annual pensions north of €30,000 per retiree. Poland and Hungary spend a big slice of GDP on pensions, yet smaller tax bases keep payouts below €7,000. The seven-fold gap between Iceland and Hungary proves pension size tracks economic heft, not political will. everal generations are already saying they won’t retire due to financial anxieties. But what about today’s retirees? How are they making ends meet, and what do current-day pensions actually look like? This chart visualizes the latest figures...

July 16, 2025
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15Jul

Argentina’s Milei told to ‘grow up’ by VP in spat over pensions

Argentine President Javier Milei and his vice-president, Victoria Villarruel, have engaged in a bitter public war of words over plans to increase pensions. Milei shared posts on X in which his running mate had been called "stupid" and described as "a traitor", and in response Villarruel told the president to "grow up". The president's anger was triggered by a heavy defeat in Congress on Thursday, when the Senate approved motions aimed at boosting pensions and increasing disability allowances - which Milei...

July 15, 2025
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09Jul

UK. OBR report highlights the unsustainable burden the triple lock will place on taxpayers

Many retirees rely significantly on the State Pension to sustain their standard of living, particularly amid persistently high inflation and interest rates. Yet, while its role in safeguarding older generations is well-meaning, the long-term fiscal implications of the triple lock cannot be ignored. The Office for Budget Responsibility (OBR) has now forecast the cost of moving from an earnings-link in 2012 to the triple lock uprating mechanism is set to reach £15.5 billion annually by 2030, three times higher...

July 9, 2025
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04Jul

Living to 100: As lifespans rise, retirement planning needs a major reset

Longevity is quickly becoming one of the largest unaddressed risks in retirement planning: The number of Americans living to 100 is expected to quadruple by 2054, yet most retirement plans aren't built for 90 or 100-year lifespans. Yet despite this surge in longevity, new research from Nationwide Retirement Institute and The American College of Financial Services reveals a troubling disconnect: While lifespans are rising well into the 90s and beyond, financial planning hasn’t kept pace. As a result, millions face a growing risk...

July 4, 2025
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