As of July 1, 2022, Norway’s occupational pension legislation states that the possibility for a deduction in the pension qualifying income was removed. Specifically, this... Read More
Two major pension reforms in Switzerland for 2024 were voted on by the Swiss population this month. The 13th-month retirement pension (1st pillar) was approved... Read More
Costa Rica pension reforms went into effect on January 12, 2024. Introduced in 2021 the reforms modify pension regulations for Disability, Old-Age, and Death (IVM)... Read More
This update on Spain’s pension reforms is based on the Royal Decree-Law 2/2023, which contains urgent measures to expand pensioners’ rights, reduce the gender gap,... Read More
South Africa’s Health Insurance Bill (NHI) is a piece of legislation currently being implemented to achieve universal access to quality healthcare services for all South... Read More
In November 2023, UK pension changes for 2024 were announced by the country’s Chancellor of the Exchequer via the Autumn Statement, one of two economic... Read More
Equality for trans people became effective on March 2, 2023, through Spain’s new transgender law that guarantees the rights of lesbian, gay, bisexual, trans and... Read More
In Australia, employers are required to pay a percentage of an employee’s earnings into superannuation to help save for retirement. This is referred to as... Read More
Spain expands family leave benefits this year with the passage of the Royal Decree-Law 5/2023 on June 28, which modified articles of the Workers’ Statute and... Read More
The Netherlands passed a new pension law this year, and it came into effect on July 1, 2023, with employers having until January 1, 2028,... Read More
On June 27, 2023, a referendum against the newly passed Swiss pension reform was successful. Over 77,000 signatures were submitted, which means the Swiss population... Read More
Effective May 1, 2023, Portugal’s labor code changed to align with the country’s Decent Work Agenda, place more value on young people in the labor... Read More
Beginning July 1, 2023, Australia will expand unpaid parent leave benefits. The current entitlement of 18 weeks paid parental leave pay will be combined with... Read More
Singapore’s retirement fund in 2023 is undergoing changes in contribution and payout limits, among others, following the release of the country’s 2023 budget. The fund,... Read More
Starting in 2023, German social security calculation adjustments will impact employees and employers alike. The changes are centered around calculating social security contributions, which will... Read More
Swiss paid adoption leave went into effect on January 1, 2023. The amendment to LECA states that Swiss parents who adopt a child younger than four... Read More
EU Directive 2019/1158, also known as the Work-Life Balance Directive, aims to improve work-life balance for employees in the European Union by introducing new rights... Read More
France’s Social Security ceiling (PASS) was finally confirmed on December 16th, 2022 and its value increased by 6.9% on January 1, 2023. As for 2023,... Read More
Paid vacation days in Mexico are few compared to many other countries. Recently the Mexican government made headway in improving work-life balance for employees with... Read More
Dutch pension reform was solidified by the Dutch lower house of parliament on December 22, 2022. The legislation still requires approval by the upper house... Read More