April 2018

Taiwan lawmakers brawl over military pension cuts

Taiwan legislators brawled in parliament on Friday over proposed reductions to military veterans’ pensions – part of wider cutbacks that have triggered mass protests. The clashes came as a draft bill proposed by the cabinet earlier this month was deliberated in parliament for the first time, following a protest by military retirees in February. But that demonstration ended in tragedy as a former colonel fell while climbing up a wall, and later died in hospital. Read More: Inquirer

Puerto Rico board approves fiscal plan as governor vows defiance

Puerto Rico’s federal oversight board on Thursday approved a fiscal turnaround plan that includes pension cuts and labor reforms that Governor Ricardo Rossello has vowed to defy, portending the latest potential court battle over the bankrupt U.S. territory’s future. At a hearing in San Juan, broadcast via the internet, the seven-member board voted 6-1 to certify a plan that forecasts $6.7 billion in debt payment ability for Puerto Rico through 2023. Board member Ana Matosantos was the lone dissenter. Tasked with...

Nicaragua pension protest turns deadly

The deaths came after protests by both opponents and supporters of a new law, which increases employer and employee contributions while reducing the overall amount of pensions by five percent, rocked the capital for a second day. A 33-year-old policeman was shot dead, according to police, as well as a young male protester, whom officials said was pro-reform but members of the opposition said was against. According to opposition demonstrators, a male student was also killed. Read More: France 24

Perú. AFP: ¿Por qué fondos previsionales se redujeron en S/ 3,395 millones en últimos dos meses?

Los aportes previsionales de las administradoras privadas de fondos de pensiones (AFP) se redujeron en 3,395 millones 880,235 soles entre el 26 de enero y el 30 de marzo de este año, según información difundida por la Superintendencia de Banca, Seguros y AFP (SBS). De esta manera, el fondo de pensiones pasó de 160,780 millones 148,074 soles el 26 de enero del 2018 a 157,384 millones 267,839 soles al 30 de marzo del 2018, de acuerdo a información del regulador...

México. De las Afore, casi 11% de fondos reunidos para el nuevo aeropuerto

De los 140 mil millones de pesos recogidos de los mercados financieros nacionales e internacionales mediante la emisión de diversos instrumentos de deuda –incluida la Fibra E– para financiar las obras del Nuevo Aeropuerto Internacional de Ciudad de México, las Administradoras de Fondos para el Retiro (Afore) participan con alrededor de 15 mil millones de pesos o casi 11 por ciento del total, según informes de la Comisión Nacional del Sistema de Ahorro para el Retiro (Consar). Los informes oficiales...

Startup To Solve Major Problems of Gig Economy By Building A Decentralized Network

In early 2018, a team of entrepreneurs in Singapore launched a startup called the Blue Whale Foundation, aiming to overcome the crucial problems of sharing economy, such as high commissions and no employment benefits for the self-employed. In the future, the Blue Whale platform could let any freelancer or small to medium enterprise (SME) scale their businesses and release their own token without giving up equity. When an Uber-driver’s dream come true In the early 2010s, the gig economy – also...

South Africa. Strong growth in private pensions

Private pensions have grown from strength to strength over the last five years and, in some ways, are outpacing take-home pay as can be seen in the Five-year Private Pensions Review for South Africa, released by BankservAfrica and Economists.co.za. “The BankservAfrica Private Pensions Index (BPPI) is the first time-series on private pensions as paid into bank accounts in the world. The system currently accounts for 900 000 people receiving private pensions of which BankservAfrica captures 680 000 or 75%,” says...

Norway Pension Fund gets PM invite to fund other sectors

Prime Minister Narendra Modi has invited Norway’s pension fund to invest in new sectors in India citing the complementarity of the economies of the two countries. Modi, during a bilateral meeting with Norwegian Premier Erna Solberg here, underlined the Indian openness to foreign investment and also invited Norwegian companies to invest in India, a Norwegian government statement said. Modi encouraged the Norwegian State Pension Fund Global to consider investing in new sectors in India, it said. Read More: Deccan Herald

UK. Pension news: OAPs risk ‘losing THOUSANDS’ from ‘frozen pensions’ if they retire abroad

WORKERS dreaming of retirement in the sun could lose out on tens of thousands of pounds worth of state pension if they pick the wrong country, campaigners say. As many as 550,000 Britons living overseas are existing on "frozen pensions", with some receiving only £50 a week instead of a full state entitlement currently worth £165. Despite paying national insurance all their lives, their state pension could be frozen at the rate when they move - meaning they face a decline...

Geografía del Envejecimiento Rural: Un Estudio en el Centro de México

Por Oscar Gerardo Hernández Lara Este libro es resultado de cuatro años de investigación sobre el proceso de envejecimiento abordado desde la geografía humana. Durante la elaboración de este proyecto se revisaron fuentes de información que combinaran esa perspectiva e interés. Se adoptó a la categoría del cuerpo como vértice para el estudio de ese proceso desde esa especialidad de la geografía. Así, el cuerpo es entendido como espacio y como productor de espacio, en términos de H. Lefebvre y...