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Pension News

Germany struggles to quash Nazi war payment suspicions

Berlin - A Belgian bid to stop Berlin from paying pensions to alleged Nazi collaborators has exposed a cloud of confusion and suspicion -- including in Germany -- over payments still made to 2,000 people worldwide.

Germany making disputed Nazi war payments to over 2,000 people

Berlin - Germany is still making payments to more than 2,000 people worldwide under a law that provides for "war victims", including those who collaborated with the World War II Nazi regime.

Tower of London Beefeaters switch tunics for yellow vests

London - Beefeater guards at the Tower of London switched their traditional red uniforms for yellow vests on Friday as they went on strike with staff at other historic sites over pensions.

Romania's plan to double pensions meets scepticism

Bucharest - Romania's government plans to double state pensions by 2022, it said Wednesday, approving a scheme to pump 30 billion euros a year into retirement funding, which economists fear could severely strain public finances.

Putin signs unpopular pension reform into law despite protests

Moscow - Russian President Vladimir Putin Wednesday signed a deeply controversial bill to raise the state pension age for the first time since the Soviet era, the Kremlin said.

Russian parliament approves Putin's controversial pension reform

Moscow - The Russian parliament's lower house passed a controversial pension reform bill Wednesday, after President Vladimir Putin announced concessions to try to dampen widespread public anger over plans to raise the state retirement age.

Russian parliament approves Putin's controversial pension reform

Moscow - Russian parliament's lower house passed a controversial pension reform bill Wednesday, after President Vladimir Putin announced concessions to try to dampen widespread public anger over plans to raise the state retirement age.

Hundreds protest against pension reforms in Saint Petersburg

Sanktpeterburg - Up to thousand protestors demonstrated in Russia's second largest city of Saint Petersburg on Sunday against a plan to raise the state pension age which has sparked public anger.

Putin to speak on pension reform in rare TV address

Moscow - Russian President Vladimir Putin will deliver Wednesday a rare televised address on controversial pension reforms, with some expecting him to soften the measures to stem the fall in his approval ratings.

Thousands of Russians protest against pension age hike

Moscow - Tens of thousands of Russians took part Saturday in rallies across the country organised by Communists to protest against highly controversial plans to hike the pension age.

Russian MPs approve pension reform in first reading despite protests

Moscow - Russian lawmakers tentatively approved a hugely unpopular government plan to hike the state pension age that has led to protests and a record slump in Vladimir Putin's approval ratings.

Muscovites protest pension reform ahead of parliament vote

Moscow - Around 1,000 people gathered in Moscow on Wednesday to protest a planned hike in the pension age, a day before the lower house of the Russian parliament is set to vote on the measure.

Muscovites protest pension reform ahead of parliament vote

Moscow - Around 1,000 people gathered in Moscow on Wednesday to protest a planned hike in the pension age, a day before the lower house of the Russian parliament is set to vote on the measure.

Russians protest pension reform as Putin popularity slides

Moscow - Several thousand people protested Sunday across Russia against a hugely unpopular government decision to hike the pension age that has led to a record slump in President Vladimir Putin's approval ratings.

Russian women fear later-life hardship from pension reform

Moscow - Russian government plans to raise the pension age have sparked a rare outpouring of anger, not least among women who say it will cause hardship at a stage of life when they already struggle to work.

Taiwan passes controversial bill cutting veterans' pensions

Taipei - Taiwan's military veterans will see their pensions cut as soon as next month after parliament passed a controversial bill that had sparked violent demonstrations.

Over 1.5 mn Russians sign petition against pension age hike

Moscow - A Russian government proposal to hike the state pension age to 63 for women and 65 for men had as of Monday seen more than 1.5 million people sign a petition against the move.

Russia proposes raising pension age, first hike in almost 90 years

Moscow - Russian Prime Minister Dmitry Medvedev on Thursday proposed raising the state pension age to 65 for men and 63 for women, the first such hike in almost nine decades.

Taiwan veterans clash with police in pension protest

Taipei - Taiwanese military veterans on Wednesday scuffled with police as they tried to storm parliament in the latest of a series of protests against planned pension cuts.

10,000 march in Chile against Pinochet-era pensions

Santiago - Some 10,000 people marched through the Chilean capital Sunday demanding an end to the privatized pension system created under the dictatorship of Augusto Pinochet, demanding improved conditions.

Spanish rally for better pensions

Madrid - Tens of thousands of Spaniards rallied across the country Saturday to demand better pensions as unions accused the government of seeking to privatise retirement benefits.

Zimbabwe unveils generous Mugabe retirement package

Harare - Zimbabwe's ousted president Robert Mugabe will get a residence, a car fleet and private air travel as part of a new government-funded retirement package for former leaders, state media reported Thursday.

Swiss vote against plan to save pensions

Geneva - Swiss voters rejected on Sunday a divisive pension reform plan that the government proposed to address the needs of an ageing population.The final results showed 52.

Swiss vote on plan to save pensions

Geneva - Switzerland votes Sunday on a divisive pension reform plan the government says is vital to safeguard benefits but which critics deride as too modest to rescue a retirement system in financial peril.

Greek families left struggling after successive cuts

Atenas - In the living room of his small Athens flat, 40-year-old Dimitris Voutsinos scours the web for job ads -- one of thousands struggling to cope as Greece's economic crisis endures.

Polish lawmakers adopt lower retirement age

Varsovia - Polish lawmakers on Wednesday voted to reinstate a lower retirement age of 65 for men and 60 for women starting in 2018, despite questions over its effect on public finances.

Fiery protests against Chile's private pension funds

Santiago - Chilean police used tear gas and water cannon to break up a protest Friday against the country's privatized pension system, which opponents say is leaving many retirees in poverty.

Turkey hits out at Gulen... by cutting pension

Istanbul - Turkey has promised to take the toughest action against the US-based cleric whom President Recep Tayyip Erdogan blames for last week's failed coup.

India announces major pensions overhaul for army veterans

New Delhi - Three million Indian army veterans won a decades-long battle Saturday to change the way their pensions are calculated, as the government bent to protesters' demands and announced it would overhaul the controversial scheme.

Eyeing election, Spain's retirees battle foreign pension tax

Madrid - Eyeing a year-end general election, Spanish retirees who worked abroad have stepped up their protests against the cash-strapped government's bid to collect back taxes on their foreign pensions.
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Last November s strike by public service sector workers in the UK.
Last November's strike by public service sector workers in the UK.
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Emmanuel Huybrechts

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