Deputy PM Jovan Krkobabić says be believes Serbia’s parliament will adopt changes to the Law on Pension and Disability Insurance by December 22. It is when in Washington, the board of directors of the IMF will meet.
Posts Tagged ‘pension’
Naser Orić wants Serbian pension
November 29th, 2010 |
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A former Bosnian Muslim army commander tried and acquitted by the Hague on war crimes charges expects to be granted a pension in Serbia. Naser Orić, accused of killing Serb civilians in eastern Bosnia, but found by the Hague Tribunal to be innocent, says he will request his pension from Belgrade “when conditions have been met”.
France, Ireland and Hungary Seize Pensions As Part of Move By Governments to Use Long-Term Assets to Fill “Short-Term Deficits”
November 29th, 2010 |
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France is apparently following the example of Ireland and Hungary and seizing pension funds.According to eFinancialNews, the French parliament passed a law last week allowing 36 billion Euros to be seized from the French reserve pension fund to be used…
Govt., IMF to “harmonize pension law”
November 26th, 2010 |
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Agreement has been reached with the IMF on the sixth revision of stand-by arrangement, but changes to the draft pension law still need to be made.
Changes to the draft Law on Pensions and Disability Insurance should be specified before the meeting of the IMF’s Board of Directors on December 22.
Ex-Croat president receiving Serbian pension
November 24th, 2010 |
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Stjepan Mesić has said that he has been receiving pension checks every month from Serbia. Mesić, who stepped down as Croatia’s president earlier this year, explained that he was getting EUR 39 per month for holding the office of the last president of the presidency of the former Yugoslavia (SFRJ).
LDP leader on pension bill
November 6th, 2010 |
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Liberal Democratic Party (LDP) leader ÄŒedomir Jovanović says that the government and unions “have swept the problems under the rugâ€.
Delay of the pension system reform will cost hundreds of millions of euros, he added.
IMF: No changes to draft pension law
November 5th, 2010 |
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The Serbian government and the IMF have agreed to send the draft law on pensions and disability insurance to MPs “without any essential changes”. The International Monetary Fund (IMF) mission and Serbian officials have agreed to continue the dialogue with a view to reaching an agreement soon on completing the 6th review of the stand-by arrangement, the IMF mission said in a statement Friday.
Negotiations on pension bill to continue tomorrow
October 31st, 2010 |
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The government and unions still have not managed to agree on the Law on Pension and Disability Insurance.
Labor Minister Rasim Ljajić says that none of unions’ requests can be accepted without consent of the International Monetary Fund (IMF).
Pension bill on parliament agenda soon
October 30th, 2010 |
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Serbian parliament speaker Slavica Äukić-Dejanović says that parliament is ready to discuss the Law on Pension and Disability Insurance.
Representatives of five unions and the government will continue negotiations regarding requested changes to the law since they did not reach an agreement yesterday.
Pension law to be sent back to MPs
October 27th, 2010 |
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A draft law on pension and disability insurance will be sent back to parliament after it was recently withdrawn.
However, it remains unclear which version will reach MPs.
France: Controversial pension reform approved
October 23rd, 2010 |
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French MPs defied mass strikes, riots and fuel blockades on Friday to pass President Nicolas Sarkozy’s fiercely contested bill.
The bill was adopted by 177 votes to 153.
Government withdraws pension bill
October 22nd, 2010 |
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The government today in Belgrade decided to withdraw from parliamentary procedure a draft bill on amendments to the Law on Pensions and Disability Insurance.
It was announced that the government was ready to talk and discuss all contentious issues regarding the bill.
Unions want withdrawal of pension bill
October 20th, 2010 |
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Serbia’s trade unions will on October 26 launch a petition for withdrawing the bill on amendments to the Law on Pension and Disability Insurance. The draft is currently in parliamentary procedure.
French pension protests boosted by huge turnout
October 13th, 2010 |
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Opposition to French pension reforms has been boosted by the biggest street protests yet. Unions estimate that up to three and a half million people took part. The government says it would be disastrous to abandon plans to raise the retirement age to 62.
Hundreds of pension protests in France
October 3rd, 2010 |
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Nearly 300 protests were held in France in order to put a strong pressure on the French government to abandon the pension reform. The reform would raise the retirement age from 60 to 62.
Unions demand withdrawal of pension bill
September 17th, 2010 |
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The Confederation of Autonomous Trade Unions of Serbia (SSSS) held a protest in Kruševac, central Serbia, on Thursday. They demanded that the government withdraw their pension and disability insurance bill, and they pointed out the difficult financial situation workers were in.
Singapore to raise employers’ pension contribution by 1%
May 1st, 2010 |
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Bosses in Singapore will have to pay an additional 1 percent of salary to their employees’ pension plan to raise the amount of savings available to people in their old age, Prime Minister Lee Hsien Loong said on Saturday.
He said employers face a 0.5 percentage point increase in their contribution to the Central Provident Fund (CPF) in September, with the other 0.5 percentage point rise taking effect in March 2011, according to local media reports.
“IMF satisfied with pension reformsâ€
April 30th, 2010 |
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Unless the economy recovers, wages and pensions will remain frozen until 2011, Deputy Prime Minister Jovan Krkobabić told B92. Increase in salaries in the public sector and pensions before 2011 would be considered only if the economy improved, along with higher employment GDP figures, he explained.
“Pension system reform necessaryâ€
April 26th, 2010 |
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Finance Minister Diana Dragutinović said that Serbia must fulfill two important reforms in the pension system by the end of May. She said that the entire pension system must be reformed and the law for fiscal responsibility must be adopted as well.
Arguments for Deflation: Unemployment, Debt and Deleveraging, the Pension Crisis, Collapse of the Shadow Banking System, and Interest on Reserves
September 22nd, 2009 |
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As Absolute Return Partners wrote in its July newsletter: The most important investment decision you will have to make this year and possibly for years to come is whether to structure your portfolio for deflation or inflation. So which is it, inflation…