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[1] The second pillar offers old age pensions. Some of the pension funds also provide benefits in case of disability and to the next of kin in case of premature death. The funds in the second pillar can be used before retirement to buy a principal home, to start an independent activity, or when leaving Switzerland permanently. [1]
It was subsequently harmonized and coordinated with the federal law on disability insurance adopted in 1959. A series of ordinances, the most important being the regulation on old-age and survivors insurance, [1] specifies this. From the January 1, 1948, date of its entry into force, this legislation underwent numerous modifications. Until 1974 ...
It is not a retirement pension: it is financed by the State, not by social contributions. It is a "social minimum", like the RSA (revenu de solidarité active). Since January 1, 2006, it has replaced the multiple components of the minimum old-age pension or the "Minimum vieillesse" in french. This pension is paid by the CNAV, the Caisse ...
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The Old Age Security (OAS, French: Sécurité de la vieillesse) program is a universal retirement pension available to most residents and citizens of Canada who have reached 65 years old. This pension is supplemented by the Guaranteed Income Supplement (GIS), which is added to the monthly OAS payment for seniors with lower incomes.
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The French Pension Reserve Fund (French: Fonds de Réserve pour les Retraites, FRR) [1] is a public entity created by law n°2001-624 dated 17 July 2001. Its mission is to invest monies entrusted to it by the public authorities on behalf of the community with the aim of financing the French pension system. Its investment policy is to optimize ...
Benefit payment dates in January. Benefits and pension payments will be going out as normal in January for the most part. These are: ... the State Pension will rise by 4.1 per cent – up £472 a ...