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Retirement International Labor Laws

Stikeman Elliott LLP

Québec’s Unique Pension and Benefits Law Requirements for Employers: Two Illustrations

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When engaging employees (or acquiring a business that engages employees) in the Canadian province of Québec, employers and prospective employers should note two unique pension and benefit law requirements, which are absent in...more

Mayer Brown

Mexican Retirement Funds Financial Regulations Amended

Mayer Brown on

On February 16, 2024, the Ministry of Finance and Public Credit, through the National Commission of the Retirement Savings System (“CONSAR”), issued an amendment to the General Financial Provisions of the Retirement Savings...more

Mayer Brown

Hong Kong Government to Relax "418" Continuous Contract Requirement under the Employment Ordinance

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The Hong Kong Government announced that it will relax the "continuous contract" requirement (known as the "418" requirement) today. The proposed arrangement aims to align with the legislative intent and confer benefits on...more

Skadden, Arps, Slate, Meagher & Flom LLP

Proposals To Reform Germany’s Pension System Could Open Market, Benefitting Retirees and — Potentially — Insurers

If Germany’s coalition government follows through on recommendations from a focus group convened by the Federal Finance Ministry for reforms to the country’s pension system, it could open the way for insurers and other...more

Hogan Lovells

Konzernzusagen zur betrieblichen Altersversorgung

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Leistungen der betrieblichen Altersversorgung gewährt der Arbeitgeber als Versorgungsschuldner. Wenn aber die betriebliche Altersversorgung durch Konzernbetriebsvereinbarung geregelt ist, sollen nach Ansicht das...more

Ius Laboris

France reforms pension system

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France adopted controversial changes to its pension system on 14 April 2023, with most relevant provisions coming into effect from 1 September. Here is an overview of some of the most important changes....more

Ius Laboris

The Ageing Workforce

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In the context of a rapidly changing world of work, one of the most prominent and pervasive trends is the ageing of the working population, which is dramatic in many parts of the world....more

Stikeman Elliott LLP

Every Benefit Everywhere All at Once: A Detailed Analysis of the 2023 Federal Budget’s Pension and Benefit Proposals

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On March 28, 2023, the federal government tabled its 2023 budget, “A Made-in-Canada Plan: Strong Middle Class, Affordable Economy, Healthy Future” (the “Budget”). Last week, our Tax Group released its comprehensive Budget...more

Hogan Lovells

Neue Versorgungsregelungen dank Niedrigzins und Arbeitgeberzuschuss

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Viele Versorgungsordnungen zur betrieblichen Altersversorgung müssen angepasst werden. Denn der anhaltende Niedrigzins hat dazu geführt, dass Versicherer mit einem niedrigeren Höchstrechnungszins – dem sog. „Garantiezins“ –...more

A&O Shearman

Arbeidsrecht wetswijzigingen per 1 januari 2021

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Overview - Per 1 januari 2021 is het arbeidsrecht op meerdere vlakken gewijzigd. In dit blogbericht bespreken wij de belangrijkste wijzigingen. ...more

Littler

Dutch Legislation Would Widen the Scope of Who Qualifies for Early Retirement

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On 1 January 2006, the tax advantage of the VUT and other early retirement programs in the Netherlands was abolished. Since then, the applicable pension scheme in place has been designed to offer employees a bridge payment...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Reporting to Russian Pension Fund Goes Online

Historically, employers have been required to log employees’ work experience and years of service in a distinct human resources (HR) document called a “labor book.” New legislation requires employers to now start logging this...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Vietnam Introduces New Labor Code With Significant Employment Law Reforms

The National Assembly of Vietnam adopted a new Labor Code (No. 45/2019/QH14) on 20 November 2019 (the New Labor Code), which becomes effective 1 January 2021....more

K&L Gates LLP

Global Employer Guide

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K&L Gates is proud to release the latest update of our Global Employer Guide. Created to complement our global employer solutions service, the interactive guide provides a quick, concise summary of the main employment law...more

Littler

Littler Global Guide - Japan - Q4 2019

Littler on

Employment Security Up to the Age 70 - Proposed Bill or Initiative - On December 25, 2019, Labor Policy Council has proposed to the Minister of Health, Labor and Welfare to take legislative actions to provide measures...more

Littler

New Salary Threshold for “Hyper-Sufficient” Employees in Brazil

Littler on

On January 14, 2020, the Brazilian Ministry of Economy issued an ordinance fixing the 2020 maximum payout amount of social security retirement benefits at R$6,101.06, representing a 4.48% increase to the maximum payout rate...more

Littler

Littler Global Guide - Portugal - Q3 2019

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The Decree-law no. 108/2019, of August 13, published in Diário da República, introduced amendments to the Retirement Statute and created the new early retirement scheme. This decree-law reviews the early retirement scheme of...more

Littler

Littler Global Guide - Singapore - Q3 2019

Littler on

The Work Injury Compensation Bill 2019 was passed in Parliament on September 3, 2019. The new Act aims to facilitate more accurate insurance premium pricing to reward safer companies, expedite compensation claims processing,...more

Hogan Lovells

Workplace pensions in Germany: what you need to know

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In Germany, paying contributions to the statutory (state) social security pension is compulsory for most employees and their employers. ...more

Littler

Littler Global Guide - Japan - Q2 2019

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New Anti-Power Harassment Law (Anti-Bullying Law) in Japan - New Legislation Enacted - On May 29, 2019, a new anti-bullying law, known as “Anti-Power Harassment Law,” was enacted and will take effect within one year...more

Littler

Littler Global Guide - Sweden - Q2 2019

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New Rules Limit the Right to Take Industrial Actions - New Legislation Enacted - On June 18, 2019, the Parliament passed a bill to expand the peace obligation in workplaces with a collective bargaining agreement in...more

Hogan Lovells

Employee's objection period only two weeks against an industry-wide pension fund exemption decision

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Dutch labor law provides (in Article 7: 686a of the Dutch Civil Code) for relatively short (expiry) periods for submitting a petition by an employee. ...more

Littler

Littler Global Guide - Netherlands - Q4 2018

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Trade Secrets Now Expressly Protected by Law - New Legislation Enacted - On October 22, 2018, the Trade Secrets Protection Act (the Act) entered into force. The new legislation lays down the rules on implementing...more

Hogan Lovells

Employment news - March 2018

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Weekly newsletter on employment matters. In this weeks issue: - Take two: dismissing pregnant workers... - Informal approach – reasonable adjustments duty applied to long working hours... - Retirement...more

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