Pension fund

The pension fund of the Turkish Armed Forces has reached a preliminary agreement to acquire U.K.-based industrial giant British Steel, said a written statement on Aug. 16.

All employees will eventually be able to access their social security records online through a system called ATLAS or through the usual TXI system.

At present, only partial records can be found, including those insured with the IKA and OAEE pension funds since 1994 and farmers insured since 1998.

Does anyone object to higher pensions? Such innocent-sounding cliches are nothing but a veil for policy that is purely self-serving.

In one of the recent amendments tabled by the government, National Bank will have to pay more than 200 million euros into its employees' auxiliary pension fund, a measure that will only benefit current pensioners.

Bank of Greece Governor Yannis Stournaras on Tuesday sounded the alarm over the cost of social security, warning that the margins are "extremely narrow" for pensions to continue being paid out of the state budget.

AFP - Companies should be doing more to protect the world's oceans, including combatting plastic waste pollution, Norway's sovereign wealth fund, the world's biggest, said on Wednesday.

"The ocean is a vital part of the biosphere and an important part of the global economy," said Yngve Slyngstad, the head of the fund valued at 8.66 trillion kroner (890 billion euros, $1.03 trillion).

The new Pension Law doesn't provide for any change of Pillar II (mandatory private pension fund, ed. n.), but 0.5 pct of the fee charged by companies in this sector will be directed to the National Pension Office, Minister of Labor and Social Justice Lia Olguta Vasilescu told a press conference on Friday.

Pension funds will be required to provide estimates of the future amount of retirement benefits. This includes changes to the Social Security Code (CSR), published on the website of the Ministry of Finance. The aim is that the insured persons in voluntary pension funds can better plan their old-age savings.

Norwegian sovereign state wealth fund, which is the world's largest, has reached the sum of USD 1 trillion.

The news was reported by the Norwegian Central Bank, which controls the capital.

According to certain clauses within existing laws, thousands of public sector workers aged between 58 and 62 will be eligible for their pension before the age of 67.

The private supplementary pension insurance funds roll off assets for BGN 11.7 billion as of June 30, 2017. This is clear from the statistics of the Financial Supervision Commission.