Pension reforms – pensioners unhappy with implementation

Salary debt - 21 states owe workers, pensioners, independent agencies.

Edo pensioners demand payment of gratuities.

Pension reforms - pensioners unhappy with implementation.

A new study shows that women pensioners in Germany can expect an average of 26% less in monthly payments than men. Women would need to save up to 2% of their annual salary throughout their careers to be on par with men.

Nine million American pensioners forced to work into old age.

Retirees of the Power Holding Company of Nigeria [PHCN], have protested non-payment of 33 percent increment in their pension. Their demands include a 42 percent shortfall payment for the past 21 years to the year 2000. Harmonisation of pre-2003 retirees; and monetisation of post-2004 retirees. The demands also include a 33 percent pension rates increment of July 2010, paid to all other Defined Benefit Scheme (DBS), pensioners to date.