The Pension photograph

The Pension

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Initial release June 15, 2018
Directors Ryu Jang-Ha
Yang Jong-Hyun
Yoon Changmo
Date of Reg.
Date of Upd.
ID2234719
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About The Pension


Disability benefits cost could rocket, report says

Disability benefits cost could rocket, report says
Sep 18,2023 6:01 am

... The research from LCP, a firm of business consultants which specialises in The Pension and health sectors, forecasts the total number of pensioners claiming PIP will rise from about one million today to 1...

What's next for Wilko and its 12,500 workers?

What's next for Wilko and its 12,500 workers?
Aug 11,2023 1:21 pm

... A PPF spokesperson said: " We understand this must be a worrying time for The Pension scheme members and we d like to assure those members that we re here to protect them if needed...

Kirklees police chief condemns jokes about 'baby-faced' recruits

Kirklees police chief condemns jokes about 'baby-faced' recruits
Aug 3,2023 12:01 am

... One respondent said they looked like " toddlers" while another wrote: " Has The Pension got so bad that they have to start at 12? " Defending the officers, who she named only as Alfie and Noah, Supt Brear said both had shown they have the skills to " make great cops"...

Tube strike: More London Underground staff to join walkout

Tube strike: More London Underground staff to join walkout
Jul 13,2023 6:40 am

... As part of the dispute, Unite has called for a guarantee that there would be no increase in employee contributions to The Pension scheme, no decrease in employer contributions, and no reduction in pension fund benefits...

Sri Lanka: The fate of a protest that toppled a president

Sri Lanka: The fate of a protest that toppled a president
Jul 8,2023 10:30 pm

... But opposition leaders say this could have an impact on The Pension funds of Sri Lankan workers...

LGBT veterans want military ban report immediately

LGBT veterans want military ban report immediately
Jun 9,2023 7:10 am

... " Like many LGBT veterans who were dismissed, Ms Morgan is not eligible to withdraw The Pension she built up during her service and is now left on a low income...

Finance delays for divorcing teachers and NHS staff as pensions recalculated

Finance delays for divorcing teachers and NHS staff as pensions recalculated
May 19,2023 7:50 pm

... Louise Harris, 41, from Kesgrave in Ipswich, says the recalculation of The Pension " cash equivalent transfer value" - or CETV - means her children are currently stuck in an unsuitable home...

Brigitte Macron's great-nephew beaten in apparently politically motivated assault

Brigitte Macron's great-nephew beaten in apparently politically motivated assault
May 16,2023 12:40 pm

... Mr Macron has faced some of the biggest demonstrations in a generation over his reform to The Pension system, which is set to raise the retirement age from 62 to 64 later this year...

French reforms: Why is France the resistance against Macron, press ' s on pensions

Apr 27,2023 2:40 am

Firefighters set each other on fire during a Demonstration in the centre of Paris in the last month

The rolling transportation strike that crippled Paris have ceased through much of December and January, as an empty pay packet post-Christmas took their toll. Instead, there was a change of tactics, with the more radical trade unions are now planning to sporadic days of action.

President Emmanuel Macron application of a fundamental Reform of the post-war Pension system reached the National Assembly on Monday, before a long period of debate.

The moment is marked by a strike of the Paris Metro , and more protests on Thursday.

For the government, the pressure of The Street has diminished considerably, although the protests draw tens of thousands.

But the greater difficulty is, with the wider public, surveys continue to show a majority of The Strikes , and the rejection of the government's handling of the reform.

The Pension Problem has also served as a rally cry for all of the other complaints against President Macron.

Macron changed his plans

The proposed law would be a fundamental Reform of the country after the war Pension scheme, the merger of 42 existing private and public sector Regime to a universal points-based system. Early retirement privileges enjoyed from some of the workers would come to an end.

President Macron began, with a kind of reform, then, as the protests grew up he tried to convert to a different.

The original proposal sold to The Public , was the creation of a fairer system, by all the in - and out of - the same Pension pot under the same rules. It was a "systemic" reform, the use of the language.

But somewhere along the way, it was also a "parametric" reform. In other words, the decided government, now was the moment to you in order to push the numbers to ensure that The System will survive in the long term financially.

change the

Somewhere in the, the government decided it had to be written so that people have to go to work longer, later in the retirement Life .

"Macron-and pensions - it is Not!", a transport worker's poster In Paris

may be This Eminent was is reasonable, but it was not what was advertised in the government. And the trade unions - even the "moderate" - with the cross got.

The Number of French people who really understand the pensions reform can be seen in the fingers and toes.

What on earth, for example, is the difference between an age-de pivot (the age of the pivot) and an old d'équilibre (the age of the balance)?

you both have something to do with the year that the claim first, your Pension , and whether or not you get punished or rewarded.

The government says that it backed down in response to the protests, the task of the pivot age in favor of the latter.

And yet no one in France can find out what that means.

Meanwhile, the government has Set Up a working group to report on the possibilities of the stabilization of the current €14bn (£11. 5 billion; $15bn) Pension Deficit .

Pension spending

cost per country as a percentage of GDP

source: OECD

So what does it mean for France, the workforce?

Who are The Winners and losers are?

Most of the employees in The Public service get a lot of their compensation in the form of bonuses.

But the teachers only get it directly. In the new universal Pension system, which is not good, because for the First Time bonuses will be used in the calculation of who gets what.

So, teachers fear that they will lose. The government says it will compensate for the increase in teacher salaries.

But will it? And by how much?

the farmers, the mothers and the low income earners are all the way to the future beneficiaries of the new system.

U-Bahn and the train drivers suffering because of the end of their special status.

But some of the other special Status will survive, as for the army and the police. Lawyers are admitted to their specific caisse (Fund), with its massive surplus - for a while.

What happens now?

The National Assembly will prepare the staff record, this is the mother of all reforms.

There are technically two laws before the Parliament.

One is an ordinary law, And One is an "organic" law. The far-left opposition submitted by the 20,000 changes to the Committee; the Council of state has decided to engage in some aspects, the intention of the government, regulations for the implementation of the reform still needs to be clarified.

For Six Weeks in December and January, the Paris transport system was heavily disrupted by the union's protests against the reforms

it Is a miracle that The Pension reforms, the longest of the opposition have raised since President Macron to power?

The Key point is that people don't necessarily like the idea of a universal points like-based system.

After All , as The President says, his much-vaunted prime characteristic - and what distinguishes you from the dreaded Anglo-Saxon systems - remains intact.

It is and remains a single "share-out" system, in which the workers pay and the retirees take. There is no fear of Pension funds.

no, the Central point of the reform is that Most People find it easy to make impossible, the head or tail.



emmanuel macron, france, france yellow vest protests, strike action, france pension reforms

Source of news: bbc.com

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