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The way to cure an ailing pension system is to cut pensions.

Anatel, Brazil s telecommunications regulator, did not comment on the decision.

The increase in pensions will affect 2.4 million residents of the republic.

The Government will decide the fate of pension indexing in October.

Bangladesh regulator rejects Facebook bedtime ban

Accordingly, the sizes of minimal work pensions, social pensions and bonuses, raises and additional payments to pensions will be increased by 2.1 starting on November 1.

Now the New Express is to undergo full rectification, the regulator said.

Kremlin's Internet regulator is back to wanting Twitter data stored in Russia.

The regulators maintain that much of this insurance was worthless to borrowers and was mis sold.

The regulatory authority has held rates at 10.5 , which doesn't have the best impact on the real sector.

Many retirement systems rely heavily on a pay as you go (PAYG) philosophy.

Even Mike Penning, then Works and Pensions minister, admitted that the law was not perfect.

The indexation of pensions in full for next year costs approximately the same amount.

The Ministry of Industry and Information Technology, the industry regulator, pledged to find ways to lower prices on fourth generation telecom services.

Much of today s debates about the future of old age pensions hinges on this uncertainty.

Privatization of pensions, for example, has proved costly in those countries that have tried the experiment.

There is unlikely to be a pension or a retirement age in 2030.

The capital markets union, the BOE argues, does not require institutional change, so no super regulator should be created.

(b) To apply cost of living differential factors to deferred retirement benefits as from the date of separation

A Chinese newspaper that made a front page appeal for the release of a reporter accused of defamation is to be overhauled, a press regulator says.

Forcing them to set aside assets for collateral purposes only drains capital that could be used for long term investment.

The regulator justified its decision by the fact that the businessmen didn t provide the paperwork required to check their compliance with the requirements of Ukrainian law.

Expansion of public financing for pensions, nursing care, and health insurance is therefore crucial.

The desirability of generous public pensions, on the other hand, cannot be dissociated from their cost to taxpayers.

In Belarus more than Br 53 trillion has been secured for payment of pensions with allowance for the raises in 2013.

A bill has been introduced in the State Duma that makes provisions for the annual indexation of social pensions, in relation to rising prices, starting on February 1.

Before doing so, I made a point of telling the Chinese government what we were doing opening a commercial regulator, not an embassy.

Zharov stressed that the state regulator would only take matters to court if a company outright refused to comply with the data localization law.

Gradually, many countries, with prodding from their trade unions, now have some form of benefit protection plan for private pensions.

The latest example is the United Kingdom, where trade unions have spurred the creation of the Pension Protection Fund, which will begin operating next year.

Europe desperately needs lower spending, especially on pensions and wages, and lower taxes. Clearly, the Stability Pact cannot deliver the incentives needed to achieve these goals.

A couple of reforms were belatedly enacted timid intervention on pensions and a further increase in labor market flexibility.

In a recent article, Vincenzo Galasso and Paola Profeta from Bocconi university in Milan show that, in Italy, this nexus is now the major obstacle to pension reform.

But this does not mean that pensions and other welfare obligations are entirely fixed.

This week, Greece defaulted on its payments to the IMF, rightly choosing pensions over debt service.

Note first the damning admission apart from pensions and wages, spending has already been cut to the bone.

Of course, negative returns make their balance sheets shakier a defined benefit pension plan needs positive returns to break even, and when most of its assets yield a negative nominal return, such results become increasingly difficult to achieve.

Real pensions are also declining, and spending on health care and education is set to fall by 8 next year.

(a) To apply cost of living adjustments to deferred retirement benefits as from age 50

The matter of the second indexation of pensions in 2016, could be decided in the next two to three weeks.

The draft law, introduced in the lower house, makes provisions for the introduction of indexing social pensions in relation to the growth of consumer prices.

The exact arrangements will have to be decided, but they must allow quicker and better informed decision making while respecting national fiscal prerogatives.