My latest post was covering the aging population in Europe, and the impact it has on pensions. Today we will go through what is happening in the GCC. Expat pensions In the mean time in the GCC, the situation is pretty different. Here, we have very young countries where only the local citizens are eligible…
Pensions landscape – Europe and GCC part I
November 3, 2011 by Leave a Comment
I was recently in discussion with an Emirati friend. The topic of our conversation was retirement/pensions and how different it is between Europe and the GCC. We talked about the pension landscape in both regions, and what is happening towards pensions approaches as a result. In today’s post I will cover Europe, and my next…
A reaction on raising pension contributions
September 8, 2011 by Leave a Comment
Today’s post is a reaction to this GlobalPensions.com article commenting on employer contribution rates for retirement in some New York State agencies. My comment is mostly linked to the % of contributions. “The contribution rate for the Employee Retirement System (ERS) will increase from 16.3% of salaries to 18.9% in fiscal year 2012-13, while the…
