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Pension News

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.

Norway wants to turn its huge oil fund greener

Oslo - Oil-rich Norway moved Friday to target its huge sovereign wealth fund's investments more closely at boosting green businesses, but environmentalists said the proposals were not strong enough.

Thousands protest Armenia's new pension plan

Yerevan - Some 6,000 opposition activists protested in Yerevan on Saturday against a controversial new obligatory pension scheme.

Italian man hides father's body in the wall to collect pension

Subiaco - A gruesome discovery was made recently in an isolated house in Subiaco, Italy. A man's elderly father had died in August 2011 and he hid the body in a sealed room in his house in order to continue collecting his father's pension.

Op-Ed: Walmart CEO pension 6,200 times more than non-executive worker

Although the ratio of Walmart's Chief Executive Officer to worker pay is high, there is an even greater gap between the retirement package of CEO Mike Duke and the average value of the pension of a non-executive Walmart worker.

U.K. initiating house building scheme for the elderly

The U.K. government is supporting new plans to create additional housing to help older and disabled people to maintain their independence for longer.

Soldier laid off 3 days before qualifying for army pension

Sergeant Lee Nolan, an Iraq war veteran, was just 72 hours away from qualifying for a full Army pension before he was made redundant.

Jamey Carroll ends three-year home run drought

From August 9, 2009 to Sept. 2, 2012, Jamey Carroll hit as many home runs as the majority of the North American population - zero.
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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