Pension

Pension


Merz unveils sweeping reform push for Germany: Tax cuts, pension overhaul and new sick leave rules

BERLIN (AP) — German Chancellor Friedrich Merz and his government coalition partners presented a comprehensive reform package Thursday with the goal of getting the country’s sluggish economy back on track. The 34 measures include cuts to income tax for low- and middle-income families, an overhaul of the creaking pension system, tougher rules for employees’ sick […]

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Alberta’s Smith disappointed federal pension plan report offers no estimate of share

Alberta Premier Danielle Smith says the province has heard back from Canada’s chief actuary on its bid to leave the Canada Pension Plan but says there’s no estimate on how much the province should get. The province has been waiting for months for the review and a figure. Smith said Thursday her government will follow […]

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Head of Ohio’s teacher pension fund retires Sunday, saying fund is strong despite staff vacancies

COLUMBUS, Ohio (AP) — The outgoing head of Ohio’s troubled teachers retirement system said that she is leaving the fund in strong fiscal condition, despite the turmoil at the top that her successor will inherit. In a recent interview with The Associated Press, Acting Executive Director and CFO Lynn Hoover said that the $94 billion […]

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