admin, Author at Pension Policy International

13MarMarch 13, 2018

The Growing Pension Risks Facing Boomers and Gen Xers

The pension they were expecting to receive every month from their former employer might not be coming from that employer. Instead, it may be turned over to an insurance company hired to manage the pension plan and turn it into monthly annuity payments. If that happens, the pension benefits will no longer be guaranteed by the federal Pension Benefit Guaranty Corp. (PBGC), but by a state insurance guaranty agency. Alternatively, your employer may try to get your pension off its...

March 13, 2018

Uncategorized

13MarMarch 13, 2018

México. La Consar propone pensión universal para adultos mayores

La Comisión Nacional del Sistema de Ahorro para el Retiro (Consar) planea interconectar la pensión del Sistema de Ahorro para el Retiro (SAR) con la Pensión de Adultos Mayores (PAM) del programa 65 y más, para tener una pensión única para todos las personas sin importar su historia laboral, lo que reduciría la pobreza en adultos mayores, informó la comisión este lunes a través de un comunicado. En México, solo uno de cada cuatro adultos mayores (de 65 años o...

March 13, 2018

Noticias

13MarMarch 13, 2018

US. The Growing Pension Risks Facing Boomers and Gen Xers

Boomers and Gen Xers may be in for some potentially unpleasant surprises in retirement. The pension they were expecting to receive every month from their former employer might not be coming from that employer. Instead, it may be turned over to an insurance company hired to manage the pension plan and turn it into monthly annuity payments. If that happens, the pension benefits will no longer be guaranteed by the federal Pension Benefit Guaranty Corp. (PBGC), but by a state...

March 13, 2018

News

13MarMarch 13, 2018

California Today: Is the Long-Looming Pension Crisis Already Here?

David Crane, a lecturer at Stanford and a former adviser to Gov. Arnold Schwarzenegger, is the bringer of bad news. For more than a decade, Mr. Crane, a San Francisco Democrat and former investment banker, has been forecasting a disaster in California’s pension system. He was removed from the board of directors that oversees benefits paid to California’s teachers after repeatedly warning that the fund’s investment assumptions were too rosy, and since then has continued to scream about a...

March 13, 2018

News

13MarMarch 13, 2018

Here’s how many Americans don’t have access to a 401(k) plan

401(k)s are an especially important retirement tool given that pensions are on the decline and Social Security "could be insolvent by 2034," and because an alarming number of Americans have little to nothing saved for retirement individually: A recent study by GOBankingRates found that 42 percent have less than $10,000 socked away. Even President Trump, during his State of the Union, touted the success and importance of 401(k)s. But he neglected to mention that "most workers don't have one yet." Indeed,...

March 13, 2018

News, Slider

13MarMarch 13, 2018

Chad: Retirees living under dire conditions, lament delay in pension payment

At the headquarters of the Pensions Authority in the Republic of Chad, pensioners have arrived on a very simple mission. These senior citizens are going through a list of names which captures the identity of beneficiaries of the last quarter of 2017 coupons. If they find their name, it is a miracle they say, as beneficiaries lament their pension funds are often slow in coming. Since January, the government began paying for the last quarter of 2017,meaning beneficiaries are uncertain about...

March 13, 2018

News, Slider

UK. Striking university staff irate over pensions deal

Strikes at UK universities are to continue after staff overwhelmingly rejected a revised offer on their pensions. The University and College Union was forced to throw out the deal it had negotiated with university employers after members voted against it. The union will now draw up detailed plans aimed at disrupting summer examinations in an escalation of the industrial action, which is now in its fourth week. The deal, which had been reached on Monday night after six days of talks...

March 13, 2018

News, Slider

12MarMarch 12, 2018

México. Afores van por más mandatos de inversión

A las afores les gustan los mandatos y ahora van por más. Las tres administradoras de fondos para el retiro que ya invierten en este tipo de instrumento planean nuevos contratos en el extranjero para seguir diversificando sus portafolios de inversión. Por ahora, Citibanamex y XXI Banorte están en proceso de fondear, cada uno, un mandato de inversión enfocado en commodities, mientras que Afore Sura, que en enero pasado completó su tercer mandato, analiza en qué invertir, adelantaron, por separado,...

March 12, 2018

Noticias

12MarMarch 12, 2018

Colombia. Proyecto de pensiones subiría 2% la rentabilidad si se copia formato de Chile

El Ministerio de Hacienda por medio de la Unidad de Regulación Financiera continúa el estudio para radicar el proyecto de ley con el que quiere modificar la forma en la que se asignan los recursos en los portafolios de los fondos de pensiones privados. La idea es mejorar la rentabilidad de las cotizaciones obligatorias enviando más dinero a las inversiones consideradas de mayor riesgo. En el país existen tres tipos de portafolios de inversión: el de Mayor Riesgo, el Moderado...

March 12, 2018

Noticias

12MarMarch 12, 2018

España. La pensión media de autónomos y mujeres no llega al salario mínimo

Ni el «generoso» aumento durante cinco años consecutivos del Gobierno –a razón de un 0,25% anual– ha conseguido elevar hasta el salario mínimo las pensiones. Un millón y medio de andaluces perciben algún tipo de pensión, sea por jubilación, viudedad, orfandad o incapacidad permanente. Los jubilados conforman el grupo más numeroso, algo más de la mitad. Y no están contentos porque consideran que lo que cobran no puede calificarse de un sueldo «digno». «A muchos les gustaría devolver esa generosa...

March 12, 2018

Noticias

March 2018