Month: December 2021

Japan

Japan to increase child care leave

In June 2021, the Japanese government passed legislation increasing the use of child care leave to ensure a better work-life balance for working parents. The new legislation amending the Child and Family Care Act will enter into effect 1 April […]

Greece

Greece to introduce a new individual retirement account system for 2022

The Greek government recently passed legislation creating a mandatory individual supplemental retirement account program known as the Hellenic Auxiliary Pensions Defined Contribution Fund (TEKA). The new funded Defined Contribution (DC) regime is intended to gradually replace the existing mandatory supplemental […]