PARIS, May 1, 2023 (AFP) Hundreds of thousands of people on Monday massed in France on labour day to vent their anger against President Emmanuel Macron’s pension reform, with unions vowing not to stop fighting even after the changes were signed into law. Unions had been hoping for a vast turnout across France for the May 1 protests to further rattle Macron, who has been greeted by pot-bashing and jeers as he toured the country […]
Tag: pension
Pres. Macron signs France pension reform into law despite protests
Paris, France | AFP | Saturday 4/15/2023 by Baptiste PACE and Stuart WILLIAMS French President Emmanuel Macron signed his controversial pension reform into law Saturday, defying three months of protests and pleas from unions not to implement the legislation. The alterations became law after the text was published before dawn in France’s official journal, prompting accusations from the opposition Macron was seeking to smuggle it through in the depth of the night. The publication came […]
France’s Macron dismisses unrest, promises drought action plan
by Marina Laouchez and Valerie Leroux Agence France-Presse SAVINES-LE-LAC, France (AFP) — President Emmanuel Macron announced new water-saving measures for France on Thursday as he sought to brush aside weeks of political turmoil over a deeply unpopular pensions reform. Dozens of protesters calling for him to resign gathered in the Alpine village of Savines-le-Lac ahead of his announcement, as he faces the biggest challenge of his second term in office. Two people were arrested before […]
Hike in SSS members’ contributions to start by January next year
(Eagle News) — The contributions of members of the Social Security System (SSS) are set for a scheduled increase by January next year, according to the Department of Finance. This sew SSS contribution rate will “ensure pension fund viability, increase benefits for members and beneficiaries” according to a DOF release. The increase in the monthly contribution of SSS members “will ensure the long-term viability of this pension fund and increase the benefits to be […]
French transport strike drags on despite govt compromise on pensions
by Marie-Pierre FEREY PARIS, France (AFP) — A crippling French transport strike dragged into its 39th day on Sunday despite the government’s offer to withdraw the most contested measure of the pension reform plans that sparked the protest. Prime Minister Edouard Philippe said Saturday he would drop plans to increase the official age for a full pension to 64 from 62 in an effort to end a strike which has paralyzed Paris and its suburbs, […]
GSIS seeks P1000 increase in pension of aged, disabled pensioners
(Eagle News)—-The Government Service Insurance System has recommended a P1000 increase in the minimum pension of “old age and disability” pensioners. The GSIS made the recommendation for the 67,201 pensioners to receive the P6000 effective February in a letter to President Rodrigo Duterte. GSIS President and General Manager Jesus Clint Aranas said, however, that survivorship pensioners and those who retired under the Portability Law (Republic Act 7699) are not entitled to the proposed pension increase. He […]
SSS announces slight delay in release of some pension benefits in March; cites “system enhancements” as causes of delay
(Eagle News) — Those who receive their pension benefits from the Social Security System during the first five days of March will get them a little later. In a statement on Thursday, SSS said the “slight delay” was “due to enhancements in the e-disbursement system, which caused the delayed release of funds to the partner-banks.” The agency said the system enhancements were necessary to ensure “better service delivery.” “The SSS, however, assures the pensioners who […]
Miles de jubilados se manifiestan en España para exigir “pensiones dignas”
Egie Asis Eagle News Service MADRID, España— Miles de jubilados tomaron las calles de la capital el jueves para exigir lo que según ellos son pensiones “dignas.” Fuentes policiales cifraron entre 3.000 y 4.000 los manifestantes que intentaron acercarse al Congreso de los Diputados para protestar el estado de las pensiones. Este año, sube un 0.25%, una cifra que consideran insuficiente dada la inflación. Los manifestantes igual reclaman que en los Presupuestos Generales del Estado se destine […]
GSIS allots P5.8B in emergency loan for 9 more VisMin areas
QUEZON CITY, May 30 — The Government Service Insurance System (GSIS) earmarked a total of over P5.8 billion in emergency loan due to the long dry spell in Cebu, Negros Occidental, and Iloilo in Visayas, as well as in six areas in Mindanao, namely, the provinces of Camiguin and Davao Oriental, Butuan City, Villanueva in Misamis Oriental, and the municipalities of Titay and Ipil in Zamboanga Sibugay. GSIS allotted more than P2 billion in emergency loan […]
Head of the misers – the SSS veto
QUEZON City, Philippines (January 21) – The much buzzed-over veto of P-Noy to the pension hike of SSS beneficiaries makes everyone do their heavy face-palms. It’s an outrageous move. Both houses, the House of Representatives and the Senate, already approved its passing. All possible holes about the bill were already debated. Only the President’s signature is missing. According to the President, the agency would go bankrupt if the bill was approved. This statement is supported by […]





