pensionfund
Earnings-related pensions overwhelmingly constitute the primary source of income for Europeans aged 65 and older. However, less than half of EU consumers are confident that they will have enough money to live comfortably throughout their retirement. In several countries, this confidence level falls to 30% or even less. This raises concerns about pension adequacy. Protecting older people against poverty is a key function of pension systems. Old-age pension is periodic payments intended to: 1. Maintain the income of the beneficiary after retirement from paid employment at the legal or standard a...
Euronews (English)
Based on the data in 2020, pension fund assets in Indonesia are still relatively low compared to other developing countries.
JAKARTA, KOMPAS.com \- Indonesia has committed to realizing the vision of transitioning towards a developed nation by 2045 when the country celebrates its centenary year of independence. The Indonesian economy is estimated to be one of the top five largest economies in the world, entailing a nominal Gross Domestic Product (GDP) of more than $7 trillion, or a five- to six-fold increase. While this agenda shows the determination of the country to achieve greater prosperity for the citizen at large, there are many obstacles to be anticipated. Among the hurdles will be the change in the demographi...
Go Kompas.com
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