Pension shake-up plan aims to boost growth
The government is proposing to ease restrictions on how some pension schemes are managed, as part of efforts to boost economic growth. The Treasury said defined benefit pension schemes have a total surplus of £160bn, but under current rules much of the money is trapped and cannot be invested in the wider economy.
Britain's Starmer to announce growth-boosting pension reform plans
British Prime Minister Keir Starmer and finance minister Rachel Reeves will meet business leaders on Tuesday to announce pension sector reforms that they hope will boost economic growth and investment.
Chile Approves Pension Reform to Boost Retirement Benefits
Chiles Congress has passed a landmark pension reform, set to be signed by President Gabriel Boric. The bill, approved with 110 votes in favor and 38 against, increases employer contributions, raises the guaranteed
Opinion
Price tag for union-backed state pension reform is nearly $30 billion
Gov. JB Pritzker supports bringing pensions into compliance with federal Social Security laws, but he doesn't support any proposal that is "credit negative or threatens the State’s balanced budget."
Opinion
MILLER: Price tag for state pension reform plan backed by unions: $29.76 billion
The Illinois legislature’s Commission on Government Forecasting and Accountability recently released an eye-popping actuarial analysis of a union-backed pension reform plan.
Government plans pension reform to boost growth
Restrictions on surplus cash in pension schemes could be eased to get more money into the economy.
Unlocking Pension Surpluses: How the UK Plans to Fuel Economic Growth
In an effort to free up billions of pounds that are now locked up in defined benefit plans, the UK government has announced measures to change pension regulations. In line with the government’s increasing emphasis on wealth creation,
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Illinois Legislature analyzes new pension reform bill
The Illinois Legislature’s Commission on Government Forecasting and Accountability recently released an analysis of a ...
Pensions&Investments14h
Chile congress gives final backing to long-sought pension reform
Chile’s Congress gave its final approval to a reform that will boost pensions for current and future retirees, handing ...
JD Supra7h
UK Pension Reform: Surplus in Defined Benefit (DB) Pensions
The Chancellor has announced that new rules will give more flexibility over the use of surplus in DB pension schemes. Details are expected in ...
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Illinois lawmakers assess $30 billion pension reform
The Illinois Legislature’s Commission on Government Forecasting and Accountability recently released an analysis of a ...
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Main labour federations greenlight pension reform
The Orpo cabinet’s economic policy committee decided later in the week that the agreement met the requirements set by the ...
Chile’s Senate Approves Pension Reform, Setting Up Crucial Votes
Chile’s Senate approved a long-sought reform to raise pensions for current and future retirees, advancing the legislation to ...
The Pantagraph4dOpinion
Rich Miller: Illinois pension reform proposal comes with big price tag, wavering support
The Illinois legislature’s Commission on Government Forecasting and Accountability recently released an eye-popping actuarial ...