It's been part of the Pension Protection Act.

Allan Johnston, chair of the pension trustees, said the scheme could avoid falling into the PPF if the benefits for workers were modified.

Modifying the benefits of the scheme was a more attractive option than it entering the PPF, he added, where workers would have to accept reduced terms.

For example, if changes are not made in current systems for the financing of pensions and long term care, future generations of older persons may be left without adequate social protection.

In Honduras, the Congress is discussing a law on the protection of older persons and pensioners.

52. Social protection in Iceland was first legislated for in 1890, with the introduction of a law on old age and invalidity pensions.

The pension trustees behind Tata Steel UK have said the scheme can be restructured without entering the Pension Protection Fund (PPF), boosting the prospects of a rescue deal for the company.

As the survivor's pension is calculated on the basis of the possible old age pension, the range of insured persons is analogous to the state pension insurance (see old age pensions).

Moreover, in the field of protection of old age, the following programmes are implemented Housing Assistance Programme, Pension for the Uninsured, TELE ASSISTANCE AT HOME as well as participation in summer camps, and medicinal bath therapies for the elderly.

Law 3029 2002 modernized the pensions system and abolished all existing differentiation on the basis of gender in old age protection.

Pensions are mostly unsustainable and demands are rising for health care services for the elderly.

The False Promise of Private Pensions

In accordance with the law, the resources of the pension and invalid insurance are provided by the insured parties, employers, and the state.

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.

The constitutional developments embodied in the law protecting women heads of household and the law establishing preferential treatment for women workers in respect of the age of receipt of the old age pension.

Constitutional developments embodied in the legislation protecting women heads of household and establishing a preferential age qualification for the receipt of the old age pension by women workers.

Converting unfunded pension schemes to funded pension systems is one option available to Governments.

The agricultural workers and their families are covered under the Law on pension and disability insurance.

Guangdong's basic endowment insurance system for urban and rural residents is comprised of a primary endowment insurance fund and a personal account endowment insurance fund. The primary endowment insurance fund was jointly paid by governments at all levels.

ARTICLE 11 LABOR, PENSIONS, AND SOCIAL PROTECTION

The right to pension and disability insurance

Old age pension (folkepension) is the basic Danish pension ensuring that all older people are provided for from the time they reach the age of 67.

(i) Women specific aspects in the statutory pension insurance and the Farmers apos Old Age Security

136. The protection of motherhood is guaranteed by the Constitution, the Family Code, the Labour Code, the Law on Pensions, the Regulation on Encouraging the Birth Rate, as well as other normative acts.

Therefore, Latvia was not in the position to influence the economic processes that took place in its territory which in the circumstances of planned economy were administered from Moscow.

As of mid 2004, a bill for the protection of the elderly was being prepared.

It is the social part of the old age pension, aimed at protecting people with lower incomes and a shorter employment period.

1) an old age pension

In case a man or a woman does not have 20 years of service as far as insurance goes, they earn their right for a pension when they fulfill at least 25 years of pension service.

344. The Committee expresses its deep concern that there is no comprehensive mandatory old age social security scheme in Hong Kong and that approximately 60 per cent of the population is not protected by any public or private pension plan.

Johnston added The trustee and its advisers have provided Tata Steel, the government and the Pensions Regulator with compelling evidence of the scheme's ability to pay modified benefits indefinitely and on a low risk basis outside the Pension Protection Fund.

192. The amount of the disability pension is calculated similarly to the amount of the old age pension.

FBiH Law on Pension and Disability Insurance

Old age pensions

The basic legal act in this field is the Act of 20 December 1990 concerning the social insurance of farmers (Dziennik Ustaw of 1993 No. 71, Text 342). The agricultural old age pension is granted to an insured person who has reached pensionable age (60 years for women and 65 for men) and has been covered by pension insurance for a period of at least 100 quarters.

90. Old age pension.

Old age pension and ordinary anticipatory pension

This gives a possibility to acquire additional pension capital without increasing the total social insurance contribution payment rate for old age pensions, thus ensuring a higher income substitution level in old age.

13.1 Old Age Pension Grants

4. Pension insurance (old age, invalidity, survivors apos and employment

For the exercising of the right related to the pension and disability insurance, as well as determined needs and interests in the area of that insurance, two entity funds for pension and invalid insurance have been established.

The third tier of the pension system is the voluntary private pension scheme, i.e., private pension funds, where everyone can participate and accrue additional resources for his her pension in old age.

So the way social security works is more like this.

The Committee welcomes the establishment of a new social security system based on contributions from employers and employees and of a new pension system in which employers and employees contribute to a communal pension fund and to individual pension accounts.

The extent of this right depends, as a rule, on the length of the pension service and the salary that the insured party earned during their work span, that is, on the principle onto which the contribution for pension and disability insurance was paid.