Implications Behind Pension Scheme and Savings Scheme in Retirement Protection
– Introduction Retirement protection has become a concern in the world in recent years. Due to the existence of aging population and the improvement in living standards, people in developed regions started to demand for more social welfare. In the past, individuals would be self-independent or assisted by their next of kin (usually their children) financially when they retired. However problems emerged. Not everyone has the sufficient economic power to support their life when they neither have income nor work….
Emissions Trading Scheme For Airlines
– There are significant number of countries where there is carbon emissions trading scheme. Like Australia, New Zealand, Switzerland, United Kingdom and some many more. China has launched its first carbon emission trading scheme. Providing a market incentive to control pollution, companies which exceed their quota of carbon emissions can buy unused allocations from others- as per the scheme. It is unlikely to have much impact as analysts say the scheme’s limited range means. With some permits allocated free and others auctioned, companies must construct a permit for every tonne of carbon dioxide they produce, under the emissions trading system….
An Evaluation Of The Nigerian Pension Reform
– Pension Reform evokes certain primary questions: what is a Pension System. What is its essence. Why do governments interfere in this area throughout the industrial world and increasingly in developing countries. (Modigliani and Murahlidhar, 2004). 2.1.1 The Concept of Pension Pensions are a form of Social Security for the retired. It is meant to serve as a supplementary source of income to retired workers when their current earning power ceases (Modigliani and Murahlidhar, 2004). It has been defined as “a sum of money paid regularly to a person who no longer works because of age, disablement etc., or to his widow or dependent children, by the state, by his former employers or from funds to w…
The Social Security is not a Ponzi Scheme
– Social Security is not the Ponzi scheme some oppositions may advocate. Social insurance, as envisaged by President Roosevelt, would address the permanent problem of economic security for the elder community by creating a work-related, contributory system in which workers would provide for their own future economic security through taxes they paid while employed. It provided an alternative both to reliance on welfare, and to radical changes within the capitalist system. It can be seen as a moderately conservative, yet activist, response to the challenges of the Depression (SSA, 2014)….
The History of the Italian Pension System Until 1992
– The History of the Italian Pension System Until 1992 In this paper the origin and the main developments until the reforms (in the 1990s) of the pension systems in Italy is discussed. It is an area symbolized by frequent changes in the systems. The pension systems were lacking a clear view how to properly deal with occurring problems. This was also due to the politics. For instance, from 1922 to the end of the Second World War Mussolini with his fascistic ideas ruled the country. The first republic (1946 until 1992) had to clean up the mess after the war and in the remaining years, politics were highlighted by social conflicts and political instability….