Descriptions of the major social security reforms in social protection schemes worldwide since 1995, including information on existing and planned changes to social security systems. Social security reforms are compiled by the ISSA Social Security Observatory.
As of 1 July 2011, in accordance with the amendments to the Labour Pensions law, pension benefits will increase by an average 40 per cent for those who retired before 1 January 2010.
On 6 June 2011, the Russian President signed federal law "On pension provision guarantees for some categories of citizens".
A new service, which is called Current Account System for Social Contributions, was launched by the National Office of Social Insurance in cooperation with the project USAID/BIZTAR in March 2011.
A considerable deficit is forecasted for the State social insurance budget of Latvia over the next few years. Reportedly, a deficit of 277.
A new pension law on legislative measures to ensure pension reforming, which was implemented on 1 October, raises the retirement age to 60 for women and 62 for man who in public service, and increase the insurance qualifying period to 30 years for women and 35 years for men.