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French Senate Passes Controversial Pension Reform Raising Retirement Age Despite Mass Protests
The pension reforms suggested by President Emmanuel Macron have received approval from the upper house of the French parliament. Many segments of society have vehemently opposed the plans, which include raising the retirement age.
According to AFP, 195 senators supported the ideas late on Saturday, while 112 opposed them. Prime Minister Elisabeth Borne called the vote a “essential moment”...
Over 1 Million Workers Hit French Streets Against Macron's Pension Reform
President Macron’s retirement and pension reform program has unleashed the expected mass demonstrations, strikes, and likely soon to be riots on the streets of France.
The much anticipated reform bill headed through parliament will see the official retirement age rise by two years, from the age of 62 to 64. And just like that, it’s popping off… as French authorities brace for more...
French Workers Vow 'Mother Of All Battles' As Macron Govt To Raise Retirement Age To 64
Get ready for the riots to break out… France’s government has just proposed raising the legal retirement age as it embarks on significant reforms to the pension system, and not for the first time.
The Macron government going years back was already met with fierce pushback and anger upon earlier similar proposals and major overhaul attempts. The plan was unveiled Tuesday by Prime Minister Élisabeth...
Macron Abandons Plan To Raise Retirement Age As Rock-Throwing Protesters Get Tear-Gassed
French President Emmanuel Macron has scrapped plans to raise the retirement age from 62 to 64, as tens of thousands of anti-government activists – many donning yellow vests – returned to the streets of Paris and elsewhere on Saturday to protest the proposed pension reforms, according to the New York Times.
The mood was militant, and the more violent demonstrators once again clashed with the police,...
Migrants paying pensions? Nah Pensioners pay migrants as Germany raises taxes by 500%
In the wake of the disastrous migrant invasion, the tax burden on German pensioners has increased five-fold within ten years in some cases, according to figures released by the Finance Ministry on Wednesday:
For example, new pensioners now have to pay €430 in income tax per year on a monthly gross pension of €1500, compared with €79 in 2010.
The figures were released on Wednesday, as part of...
The MYTH of Immigrants Paying Your Pensions Debunked
So it has become a “INDISPUTABLE FACT”, just like the sky is blue and the grass is green, so do immigrants PAY YOUR PENSIONS, among leftist politicians and the leftist mainstream media.
The media’s use of this nonsense “immigrants paying your pensions” has gotten really out of control. They first used it as a joke here and there to test the waters then after seeing how...
Kiev plans to cut pensions 50%
A participant in a rally in support of Ukraine’s integration with the EU, on Kiev’s Independence Square.
The self-proclaimed government in Kiev is reportedly planning to cut pensions by 50 percent as part of unprecedented austerity measures to save Ukraine from default. With an “empty treasury”, reduction of payments might take place in March.
According to the draft document obtained...
Scots to lose UK pension after autonomy: Gordon Brown
Former British Prime Minister Gordon Brown
Former British Prime Minister Gordon Brown has warned the Scottish people that a vote for independence from the United Kingdom would mean losing their state pensions.
“You are expecting, quite rightly, that you will get a British pension – but if there is independence, the British pension stops, the national insurance fund that you’re paying into...
Italy unions protest austerity plan
Italian trade unionists have protested against the government’s planned austerity measures amid budget talks between Premier Silvio Berlusconi and trade union representatives.
Trade unions in Italy expressed their worries that the government’s tougher economic measures might heavily cut down on pensions, salaries and social welfare services.
“We don’t want to pay for this crisis....
Romania's public wages drop 25%, pensions drop 15%
VAT and the flat tax remain unchanged, while wages in the public sector will drop 25%, President Traian Basescu announced on Thursday, after a meeting with IMF experts and politicians from the governmental coalition.
Here are the main ideas put forward by the Romanian president:
* There are 3 million people working the real economy and public sector spending transferred on those who work. The...