pension reform

The Government’s Plan to Tap into Private Supplementary Pension Funds: The Heist of the Century

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2023-10-01 16:50:56 DECRYPTION – To the great dismay of employers and unions, the government could take 1 to 3 billion from the surpluses of the private supplementary pension plan. This could well be the heist of the century… At the start of the scenario, there is a loot. Which amounts to billions of euros. In … Read more

North Dakota Pension Reforms: Overcoming Opposition for Long-Term Stability

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2023-09-29 15:08:02 MINOT — When North Dakota’s lawmakers debated pension reforms to address a nearly $2 billion shortfall in the Public Employees Retirement System, Scott Miller, the executive director of PERS, was antagonistic. PERS is what’s called a defined-benefit pension. These are an anachronism. The private sector has largely abandoned them because they’re fiscal time … Read more

Finance Bill 2024: Bruno Le Maire’s Plan to Protect Retirees Against Inflation Revealed

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2023-09-27 06:39:38 Before the official presentation of the Finance bill, Bruno Le Maire explains in “Le Parisien” that he wants to “protect all retirees against inflation”. Retirement pensions “will all be increased by 5.2% on January 1, 2024, announced the Minister of the Economy Bruno Le Maire in the columns of Le Parisien on Wednesday … Read more

The removal of the 10% penalty on pensions is almost implemented

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2023-09-20 20:02:02 The removal of the penalty, a 10% discount which applies for three years to the supplementary pensions of many private sector employees, is almost complete, several unions argued on Wednesday, but the employers have not yet given their agreement. The social partners gathered for a third session of weekly negotiations, with a view … Read more

Professional Training: Building a Think Tank for Ecosystem Protection and Global Warming Fight

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2023-09-12 18:52:09 Professional training The former boss of the CFDT will be responsible for “building a think tank focused on the protection of ecosystems and the fight against global warming”. He says he is “enthusiastic like a kid”. The former secretary general of the CFDT, Laurent Berger, explains Tuesday September 12 in the world his … Read more

Controversial Pension Reform in France: President Macron’s New Legislation and Protests

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2023-09-01 15:49:37 Paris (AP) – In France, President Emmanuel Macron’s controversial pension reform came into force after months of protests, some of which were violent. There were no major rallies at the start of the reform, which would gradually raise the retirement age from 62 to 64. At a meeting a few days ago, the … Read more