Hewitt's monthly updates summarize technical and legislative developments related to employment around the world.

As a result of the recent economic crisis and ensuing bankruptcies, the German pension insolvency insurer (PSV) has issued an informational bulletin that warns insolvency premiums for 2009 are likely to be multiple times higher than in recent years.

Employees in Italy have until June 30, 2007, to select an authorized pension fund vehicle for the investment of their future termination indemnity (TFR) allocations.