Pension Reform Agreement / Rumor ControlPension Reform Agreement • January 30th, 2016
On January 20, 2016 PLEA received word that a PDF was floating around the Department without any context being provided. Along with the agreement, it seems that there are a number of rumors, inaccuracies, half-truths, and just straight up lies as to what has actually been agreed to. The following is detailed and ACCURATE information as to the pension reform agreement.
FITCH: PENSION REFORM AGREEMENT WILL LESSEN PEMEX LIABILITIESPension Reform Agreement • November 13th, 2015
Fitch Ratings-New York/Chicago-13 November 2015: Petroleos Mexicano's (Pemex's) announcement on Wednesday that it had concluded negotiations with its labor union to reform its pension system is credit positive for the company but neutral for its credit rating, according to Fitch Ratings.
THE MEMORIAL UNIVERSITY OF NEWFOUNDLAND FACULTY ASSOCIATION (“MUNFA”)Pension Reform Agreement • August 16th, 2018
World Socialist Web Site wsws.orgPension Reform Agreement • September 26th, 2022
The two main unions in Spain, the UGT (Union General de los Trabajadores—General Union of Workers) and CC.OO (Comisiones Obreras–Workers Commissions), reached an agreement February 2 with the Zapatero government and the employers’ association. This “social pact,” as it is called, includes a pension reform, a change in collective bargaining, employment plans and stimulus measures, and a new energy policy.
FinlandPension Reform Agreement • June 4th, 2009
On September 26, the government and social partners reached an agreement on pension reform, beginning in 2017, including gradually raising the minimum and maximum retirement ages and changing the benefit formula for the earnings-related old-age pension. The government expects the pension reform package to put public finances on a more sustainable path while providing adequate benefits. The next step is for the government to present legislation to parliament; this is not expected to happen until sometime in 2015, fol- lowing parliamentary elections.
Reform AgreementPension Reform Agreement • June 16th, 2016
On August 12, Estonia’s coalition government reached an agreement to make the country’s individual account pension program voluntary and increase benefits under the social insurance program. If approved by parlia- ment, current individual account program participants would be able to opt out of the program and transfer their account balances to personal pension accounts; employer contributions for those who opt out would be diverted to the social insurance program. (Parliament is expected to draft legislation this fall with the aim
AN UNTIMELY, PARTIAL AND UNFAIR REFORMPension Reform Agreement • November 21st, 2024
Workers will have to contribute for 38 and a half years (and no 40) to retire at 65. This agreement has been enough for the two majority unions in the State as a whole to agree with the Government on a reform that is urgent for some but for many others, including myself, untimely and imposed by the global financial markets.
