A sharp spike in U.K. borrowing costs this year triggered memories of the 2022 "mini-budget" crisis, which rocked the country's pension funds and led to emergency market intervention by the Bank of ...
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Pension crisis: 4.9 mn retirees under EPS-95 get meagre pensions below Rs 1,500, govt data shows
Nearly half of all retirees under the Employees’ Pension Scheme, 1995 (EPS-95), receive less than Rs 1,500 per month, according to data presented before Parliament and reported by PTI. The figures ...
Experts are sounding the alarm over a potential financial crisis as millions are "opting to save in cash for retirement" ...
State (and local) government pension funds are woefully underfunded: $3.8 - $5.2 trillion which needs to be set aside now. This has been caused by insufficient annual funding over the years, and ...
One side effect of aggressive monetary policy is an increasing strain on public pensions, which rely upon consistent investment returns in order to meet their obligations. Some pension funds have been ...
A sharp spike in U.K. borrowing costs this year triggered memories of the 2022 "mini-budget" crisis, which rocked the country's pension funds. However, industry participants told CNBC pension funds ...
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