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24 Mar 23
Raising the French retirement age could benefit the government’s fiscal balance in the medium term after an initial negative impact, but the political fallout could hurt the president’s chance of...
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17 Mar 23
French president Emmanuel Macron has tried to bypass the National Assembly to raise the retirement age – a move he sees as vital to fixing public finances – sparking countrywide protests.
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12 Jan 22
Chile’s lower legislative house has passed the introduction of a tax on the country’s super rich to fund a new state pension, paving the way for a standoff with the president who rejects the idea.
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10 Dec 21
Age-related costs to public finances could cause public debt-to-GDP ratios to rise by 140% in the next few decades if governments do not implement reforms to dull the impact of rising life...
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23 Jul 21
Bulgaria is set to use most of its unexpectedly high revenue to increase state pensions and prepare for future waves of Covid-19 rather than run a much smaller deficit, the country’s finance minister...
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18 Aug 20
Denmark will tax banks and its richest citizens to pay for an early retirement scheme for physical labourers.
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6 Jul 20
Sovereign wealth and pension funds should seek investments that couple financial returns with societal and environmental benefits, researchers from the Inter-American Development Bank have argued.
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27 Jan 20
A hard-line trade union has called on the French government to abandon its pension reform proposals and start negotiations afresh.
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5 Dec 19
France is experiencing its biggest national strike in decades as angry workers demonstrate about proposed pension reforms.
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27 Nov 19
Global governments must reform their pension systems to accommodate for a growing number of workers that are self-employed or who are in temporary and part time work, the OECD has said.
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17 Sep 19
French public sector workers took to the streets for the second time in a few days to protest pension changes that could see them working longer.
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9 Aug 19
A decline in Latvia’s population could pose a barrier to long-term growth for the country, according to the IMF.
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21 May 19
The Czech government has dismissed concerns about a slowing economy and growing spending commitments and says it will stick to a planned deficit target.
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13 Mar 19
Politicians need to commit to publishing their liabilities – even if it might weaken net wealth on paper, public finance professionals have urged.
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11 Mar 19
The French government should link pension rises to inflation for the poorest citizens, the party led by president Emmanuel Macron has said.
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24 Jan 19
The world’s richest countries spent just over 20% of their GDP on average on social welfare last year, the OECD has revealed.
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29 Aug 18
Vladimir Putin has watered down his controversial pension reforms as he suffers his lowest approval ratings for four years.
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11 Aug 17
Three Danish pension funds have combined to create a $550m vehicle for infrastructure investments in Africa.
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21 Mar 17
Eurozone finance ministers have agreed to benchmark the sustainability of member states’ pension systems against the performance of the best.
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7 Sep 16
Provincial pension funds throughout China are struggling to break even after the government ordered a 6.5% increase on the basic pension for corporate retirees, according to state news agency Xinhua...
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22 Aug 16
Thousands of people took to the streets in Chile yesterday to demand that the country’s controversial privatised pension scheme is scrapped.
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4 Mar 16
Game-changing reforms will be needed to face the global challenge of ageing populations and shrinking labour forces, International Monetary Fund managing director Christine Lagarde has said.
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2 Dec 15
Reforms to pension systems within OECD countries risk creating poverty amongst future pensioners, the OECD has warned.
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27 Oct 15
Government action is needed now to meet the “formidable” fiscal challenges presented by shrinking and ageing populations, a report by the International Monetary Fund has warned.
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16 Oct 15
Major pension reforms in Mexico have helped it improved its financial sustainability, according to the Organization for Economic Cooperation and Development.