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Stikeman Elliott LLP

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

Stikeman Elliott LLP on

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

Mayer Brown on

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

Skadden, Arps, Slate, Meagher & Flom LLP on

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

Hogan Lovells on

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

Ius Laboris on

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

Hogan Lovells

Neue Versorgungsregelungen dank Niedrigzins und Arbeitgeberzuschuss

Hogan Lovells on

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

Littler

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

Littler on

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

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

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

Hogan Lovells

Workplace pensions in Germany: what you need to know

Hogan Lovells on

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

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