March 2018

12Mar

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
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12Mar

Perú. Pensiones de AFP se reducirán con nuevas tablas de mortalidad

Las pensiones de los afiliados a las Administradoras de Fondos de Pensiones (AFP) se reducirán luego que la Superintendencia de Banca, Seguros y Administradoras de Fondos de Pensiones (SBS) publicó las nuevas tablas que amplían la esperanza de vida para los hombres de 83.54 años a 87,52 y para las mujeres de 87,19 a 90,81 años. El aumento es de 3,98 años y 3,62 años, respectivamente. Así lo explicó el vicerrector encargado de Investigación de la Universidad Esan, Jorge Guillén,...

March 12, 2018
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12Mar

Government invests £300m to address ageing society challenge

The Government is investing £300m from its industrial strategy challenge fund to help prepare for 'the challenge of an ageing society'. The funding will support better diagnosis for UK patients through artificial intelligence and technology at new regional centres, while 500,000 volunteers will have their genome sequenced to help develop early diagnosis and treatments. The grants also include an extra £40m for a new dementia research institute. Read More: Local Gov UK

March 12, 2018
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12Mar

Dumped Tahiti pension reform still priority – Fritch

French Polynesia's president Edouard Fritch says if he wins this year's election he will make the pension reform the priority of priorities. Mr Fritch made the comment after withdrawing the reform plan following a general strike during which demonstrators forced their way into the assembly. His government planned to raise the retirement age from 60 to 62, saying failure to make the change would bankrupt the system in a couple of years. Read More: Radio NZ

March 12, 2018
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12Mar

Mexican state pension fund spent millions on failing builder – sources

Mexico’s state workers’ pension fund plowed more than $20 million into ICA (ICA.MX) and became the largest shareholder as the builder spiraled toward insolvency, according to people familiar with the matter, with the fund’s investment set to be wiped out in a restructuring. PensionIssste, which manages about 195 billion pesos ($10.5 billion) of mostly government workers’ retirement money, became the largest shareholder in ICA, with a stake of almost 10 percent, said three people with knowledge of the investment who...

March 12, 2018
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12Mar

Social Security, Medicare and Government Pensions: Get the Most Out of Your Retirement and Medical Benefits

By Joseph Matthews Your complete guide to Social Security retirement and medical benefits Social Security, Medicare, SSI and more explained in this all-in-one resource that gets you the most out of your retirement benefits.  Learn all about: Social Security benefits (including new rules on spousal and dependents benefits) Medicare & Medicaid veterans, FERS, and CSRS benefits Completely updated for 2018. Read more HERE

March 12, 2018
Books, Pension design,
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12Mar

Suggestions for a Scheme of Old Age Pensions: With an Introductory Chapter Dealing with the Report of the Committee on Old Age Pensions

By Lionel Holland Excerpt from Suggestions for a Scheme of Old Age Pensions: With an Introductory Chapter Dealing With the Report of the Committee on Old Age Pensions. The Report of the Committee on Old Age Pensions, which was appointed in July, 1896, has at length been issued. The circumstances which led up to the appoint ment of this Committee may be sufficiently indicated in a few sentences. Read more HERE

March 12, 2018
Books, Pension design
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11Mar

Evaluating Retirement Strategies: A Utility-Based Approach

By Javier Estrada (IESE Business School) & Mark Kritzman (Windham Capital Management) Retirees need to make two critical financial decisions, namely, the withdrawal rate and the asset allocation of their portfolios. We propose a methodology that retirees, and particularly advisors, could use to make these decisions in an optimal way. We introduce a new variable, the coverage ratio, and a theoretical approach, based on utility. Our approach can be used to make optimal decisions during both the accumulation and the...

March 11, 2018
Articles, Investing, Savings, , , ,
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11Mar

Causes and Characteristics of Population Aging

By Kyounghoon Park (The Bank of Korea) Korea’s level of population aging remains lower than the OECD average. However, the pace of population aging in Korea is faster than that of many other member countries, as its total fertility rate is the lowest among OECD countries while its life expectancy exceeds the OECD average. Using panel data from OECD member countries, this paper divides the common causes of population aging in OECD countries into declining fertility rate and increasing life...

March 11, 2018
Aging, Articles, Labor Market, , ,
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09Mar

Argentina. Atraparon a una asesora legislativa por estafas con actas truchas

Tres personas, entre ellas la asesora y sobrina de una diputada nacional, fueron detenidas hoy acusadas de cobrar pensiones "truchas" con la utilización de actas de matrimonio apócrifas, en maniobras ilícitas detectadas en la delegación del Anses en Santiago del Estero. Los estafadores fueron identificados como Celeste Lucatelli, asesora y sobrina de la diputada nacional Mirta Pastoriza (Frente Cívico por Santiago), su hermano Héctor Ducatelli y Paola Conte. De acuerdo a una investigación interna realizada por la gerente de la UDAI...

March 9, 2018
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