Pension Reform Archives - Page 2 of 49 - Pension Policy International

27MayMay 27, 2026

Chile’s Pension Reform: A Good Idea Running Out of Chances

By Dr. Arturo Cifuentes Original ideas seldom get a second chance to be implemented successfully. The Chilean pension system is one of the few exceptions. To grasp how much is at stake in the coming months—a third opportunity might never happen—we need to go back to its origins and identify the key events that shaped its evolution. The Chilean pension system was the brainchild of José Piñera, who, as minister of labor and social security, conceived its basic architecture in 1981. The...

May 27, 2026

News, OP Ed, Op-Ed, UncategorizedChile, Pension Reform

26MayMay 26, 2026

Spain. Pension spending marks a new high of 14,366 million in May, 6.1% more year-on-year

Social Security has allocated in this month of May a historic disbursement of 14,365.8 million euros to pay the ordinary payroll of contributory pensions, which represents an increase of 6.1% compared to the same period in 2025, as communicated this Tuesday by the Ministry of Inclusion, Social Security and Migrations. This payroll incorporates the revaluation of pensions approved by the Government for 2026. In general, the increase applied is 2.7%, in line with the average CPI recorded between December 2024...

May 26, 2026

NewsPension Reform, Public spending, Social Security, Spain

26MayMay 26, 2026

Lithuania’s Second-Pillar Exits Expose Pension Saving Gap

About 40 percent of participants in Lithuania’s second-pillar pension saving system left the scheme in the first quarter of 2026. The figure does not by itself show that residents have given up on preparing for retirement, but it raises a practical question: will the returned money become part of a long-term plan, or be absorbed into short-term spending? This international adaptation is based on a BNS-published comment by Giedrius Rimša, president of the Lithuanian Life Insurance Companies Association, and survey...

May 26, 2026

NewsLithuania, Pension Reform, savings

21MayMay 21, 2026

Bulgaria. Regulator Proposes Higher Pension Fund Reserves, Stronger Safeguards for Insured Persons

Bulgaria's Financial Supervision Commission (FSC) has approved at first reading draft ordinances on higher reserve requirements for pension insurance companies and stricter rules for protecting insured persons' funds, the regulator said on Tuesday. The changes follow up on amendments to the Social Insurance Code and concern the introduction of multi-funds in supplementary pension insurance. Higher reserves to guarantee contributions The most significant change concerns higher capital coverage requirements due to the continued growth of assets managed by pension funds. Currently, the gross...

May 21, 2026

NewsBulgaria, Pension Reform, Regulation, Risk

19MayMay 19, 2026

Australia. Lessons from OECD pension reforms that could foreshadow local changes

OECD reforms spotlight rising retirement ages, contribution adequacy, and decumulation challenges, shaping Australia’s superannuation policy agenda and future debates. Australia’s superannuation system regularly earns international praise for its scale and sustainability, but a survey of recent pension reforms across OECD countries suggests the policy agenda is far from settled. From rising retirement ages to mandated decumulation products, the changes taking place in peer economies offer a preview of debates likely to intensify locally. Rising retirement ages are the norm The most consistent...

May 19, 2026

NewsAustralia, Pension Reform

15MayMay 15, 2026

Analysis of climate risk reporting across UK pension schemes

By XPS Group 2025 has shown that climate change is no longer a distant risk. It's a force that's already shaping economies, societies and investment markets. While government policy remains fragmented, UK pension schemes remain exposed to the risks of worsening climate outcomes, and to opportunities that arise from a faster transition to a green economy. Our fourth annual Task Force on Climate-related Financial Disclosures (TCFD) review examines how 49 UK pension schemes, representing £420bn in assets, are addressing climate change...

May 15, 2026

Books, Books, Investment, Reports2026, Climate crisis, Investment, Pension Management, Pension Reform

23AprApril 23, 2026

Reform UK plans to scrap ‘gold-plated’ public sector pensions for new workers

Reform UK has unveiled plans to abolish so-called "gold-plated" pension arrangements for new public sector workers from 2030. The proposals would see defined benefit schemes, which guarantee retirement income, replaced with defined contribution arrangements dependent on investment performance. Under the plans, individuals entering public sector employment after 2030 would no longer have access to guaranteed pension payouts. The policy would take effect if Nigel Farage secures victory at the next general election. Reform UK has previously committed to ending such schemes for new...

April 23, 2026

NewsPension Reform, Public Pensions, UK

20AprApril 20, 2026

UK. Chancellor warned against tax raid on pension pots

The boss of Britain's largest pensions firm urged Rachel Reeves to rule out a tax raid on retirement pots, as she faces mounting pressure to boost defence spending. Standard Life chief executive Andy Briggs said savers needed certainty that the pension tax system is not 'going to keep changing' so they can plan properly for later life. 'My view is that pensions need a multi-decade policy approach,' he told the Daily Mail. 'If you get speculation each year, if there's any sort...

April 20, 2026

NewsPension Reform, Taxation, UK

01AprApril 1, 2026

Gig Workers And Labour Law In India: Analysing The Legal Vacuum Under The Code On Social Security 2020

By Anshita Jain The rise of the gig economy in India has transformed traditional employment structures while exposing significant gaps in labour law protections. This paper analyses the legal status of gig and platform workers under the Code on Social Security, 2020, highlighting the challenges of worker classification and limited social security coverage. It argues that despite formal recognition, the absence of enforceable rights and clear accountability mechanisms leaves gig workers vulnerable. The paper concludes by suggesting the need for...

April 1, 2026

Articles, Labor Market2026, India, Informal Sector, Labor Market, Pension Reform, Social Security

25MarMarch 25, 2026

Majority of UK adults still unaware of IHT pension changes

Almost nine in 10 (89 per cent) UK adults have little or no awareness of the inheritance tax (IHT) pension changes to be introduced from next year, according to analysis from Standard Life. Chancellor, Rachel Reeves, revealed plans in the 2024 Autumn Budget to include pensions in IHT calculations from April 2027. This proposal became a reality when the Finance Bill received Royal Assent last week The government has estimated that 10,500 more estates will start paying IHT, and around 38,500 estates...

March 25, 2026

NewsPension Reform, Taxation, UK

May 2026

Chile’s Pension Reform: A Good Idea Running Out of Chances

Lithuania’s Second-Pillar Exits Expose Pension Saving Gap

Bulgaria. Regulator Proposes Higher Pension Fund Reserves, Stronger Safeguards for Insured Persons

Australia. Lessons from OECD pension reforms that could foreshadow local changes

Analysis of climate risk reporting across UK pension schemes

April 2026

Reform UK plans to scrap ‘gold-plated’ public sector pensions for new workers

UK. Chancellor warned against tax raid on pension pots

March 2026

Majority of UK adults still unaware of IHT pension changes