Tag: pensions

Monday, September 2nd 2024 - 11:40 UTC
Milei vetoes pensions increase but faces Congress' reprisal

Argentine President Javier Milei vetoed in its entirety Bill 27.756 providing for an increase in the wages of senior citizens and pensioners. The measure became effective after appearing in Monday's issue of the Official Gazette.
Wednesday, August 28th 2024 - 06:41 UTC
Falklands, instructions for pensioners receiving payments from overseas

Due to unforeseen circumstances, the overseas payment system, Straight to Bank, is experiencing an issue. The Falkland Islands Government are working with Standard Chartered to urgently investigate this issue and an update will be provided as soon as we have more information.
Thursday, June 29th 2023 - 02:25 UTC
UK pension funds in the limelight because of massive investments in fossil fuel firms

Controversy in the UK over pension funds and London's commitment to keep to the Paris Agreement goals. In effect this Wednesday, the climate finance campaign Make My Money Matter revealed that UK’s pension funds should review their US$ $112 billion (£88 billion) worth of investment in equities and bonds of fossil fuel firms, as the funds are not anywhere near on track for aligning their portfolios to the Paris Agreement goals.
Thursday, September 1st 2022 - 09:43 UTC
Venezuelan teachers and senior citizens stage yet another protest

A group of pensioners and teachers marched Wednesday again through the streets of Caracas to protest against their meager income and to demand the payment of overdue adjustments and bonuses agreed upon through collective bargaining with President Nicolás Maduro's administration.
Thursday, February 10th 2022 - 09:10 UTC
Starving Venezuelan pensioners take it to the streets of Caracas

Venezuelan senior citizens Wednesday marched through Caracas' Plaza de La Moneda, not far from the presidential Miraflores Palace, to launch an “SOS” message and call for help as they can barely survive on their pay.
Thursday, August 27th 2020 - 09:08 UTC
Executive and Congress in Peru clash over bill allowing citizens to draw on their state pensions' funds

Peru's Congress approved a law that allows citizens to partially draw down their contributions to the state pension fund, a few months after doing the same with the private system and despite fierce opposition from the government.
Saturday, August 1st 2020 - 06:07 UTC
Colombia planning private sector workers to tap pension savings

Colombia is the latest Latin American country considering a plan to let workers tap private pension savings, a move intended to soften the slump in consumer spending but which risks worsening some of the world’s deepest stock market slumps.
Thursday, July 23rd 2020 - 09:54 UTC
Chilean private pensions' funds divestment anticipates major political challenge for the Piñera administration

Chilean senators on Wednesday voted to approve a controversial bill that allows citizens to withdraw 10% of their pension savings to help ease the economic impact of the coronavirus outbreak.
Thursday, July 16th 2020 - 09:39 UTC
Riots in Santiago as congress considers bill to allow Chileans to withdraw part of their pension funds

Protesters in Santiago defied a citywide lockdown meant to combat the spread of the coronavirus, barricading roads and looting early into the morning on Wednesday in support of a proposal to allow Chileans to withdraw part of their pensions amid the crisis.
Thursday, July 16th 2020 - 09:00 UTC
Chilean lawmaker celebrates passing of a bill liberating 10% of pension funds

Chilean lawmaker launched hundreds of internet memes on Wednesday when she ran through congress wearing a pink cape and waving matching fans to celebrate passage in the lower house of a coronavirus emergency aid measure.