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March 2001 Issue

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Consulting To Multinationals

Another pension reform in Germany Download the PDF Version

In September 2000, The Multinational focused on the problems that global ageing is posing governments as they seek to secure the retirement income needs of their citizens. Potentially, Germany is among the worst placed countries to confront the challenges of ageing. It suffers from the conflicting pressures of generous retirement provision from its current unfunded social security system and a population profile where - according to recent estimates by the US Bureau of Census - by 2050 the over eighties will be greater in number than the under twenties and whose working-age population is projected to fall by 43% by 2050.

Newsbriefs - Country developments reported this month:

South Africa:  Pension fund surpluses

Singapore: Voluntary supplementary retirement schemes

United Kingdom: The death-nell for the MFR

United States: Phased retirement

Venezuela: Current direction of social security




New from Watson Wyatt:

Central Europe Benefits and Employment Terms Report.

Benefits Report Europe, USA and Canada/Employment Terms and Conditions Report

Framework Reports

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