Lufthansa pilots are striking for the third time this year, demanding higher employer contributions to their pension plans. The airline's management argues that the company's financial situation does not allow for increased contributions, citing already competitive benefits.
Lufthansa pilots are striking for the third time this year, demanding higher employer contributions to their pension plans. Management cites the company's financial situation and existing high benefits.
A new forecast from the German Pension Insurance suggests contribution rates will rise to nearly 20% by 2028, exceeding previous estimates. This increase will impact both employees and employers, with average earners facing higher monthly contributions.
German pension contribution rates are projected to increase from 18.6% to 19.9% for both employees and employers, according to reports citing DRV figures. The Federal Employment Agency (BA) also anticipates a higher deficit due to revised unemployment forecasts.
Lufthansa pilots are striking for the third time this year, demanding higher employer contributions to their pensions. Management argues the company's financial health doesn't allow for it, citing already competitive benefits.
An interim warning from the UK's Pensions Commission highlights that 15 million Britons aren't saving enough for retirement. Issues include low-paid and self-employed workers, gender and ethnic pension gaps, and risks from pensioner freedoms.
Hong Kong's MPFA is increasing efforts to detect fake medical certificates used for early MPF withdrawals after two medical groups reported suspected fraud to police. The authority is collaborating with medical bodies to deter such fabrications.
