admin, Author at Pension Policy International

29NovNovember 29, 2017

Argentina. Eugenio Semino: “El jubilado que cobra la mínima tiene que trabajar para no morirse de hambre”

Este miércoles 29, con la colaboración del PJ-FpV (luego de haberle introducido algunos mínimos cambios sobre todo en el cálculo de movilidad), Cambiemos intentará que obtenga media sanción en el Senado su proyecto de reforma previsional. Esta reforma hundirá aún más en la miseria a millones de adultos mayores, después de toda una vida de trabajo y aumentará los padecimientos de los jóvenes, muchos de ellos con trabajos en negros y precarios, condenándolos en un futuro a una vida...

November 29, 2017

NoticiasArgentina

29NovNovember 29, 2017

US. Retirement plans expected to be untouched in Senate tax reform bill

The full Senate is expected vote on its version of the tax reform bill as early as this week, and so far, it leaves 401(k) plans and IRAs untouched. That can always change, however, says Erik Carter, senior financial planner at financial wellness company Financial Finesse, so it is important for employers to keep an ear to the ground as the bill makes its way through debate on the floor. Currently, “retirement provisions in the bill are not intended to raise...

November 29, 2017

News, SliderUS

28NovNovember 28, 2017

As good as it gets? The adequacy of retirement income for current and future generations of pensioners

By David Finch & Laura Gardiner (Resolution Foundation) Recent strong growth in the incomes of pensioner households and reductions in pensioner poverty are to be welcomed. But set against much weaker incomes for working age households and the challenges younger generations are facing in accumulating wealth, anxiety is building that these outcomes may not be sustained for future generations of retirees. Their prospects are particularly uncertain given both the big shifts in pensions policy currently in train and the fiscal...

November 28, 2017

Aging, Labor Market, Savings, Slider-LeftFunding, Replacement Rate, UK

28NovNovember 28, 2017

77% de los mexicanos no ahorra para su retiro

El 77% de los mexicanos no ahorra para su retiro laboral, así lo reveló un estudio presentado por el Instituto Belisario Domínguez del Senado de la República; otro dato alarmante es que más del 80% únicamente ahorra la aportación obligatoria mensual de 6.5% del salario que reciben en la cuenta individual que maneja su Afore. Cuando un trabajador se retira su pensión apenas superara el 30% del último salario devengado, lo que evidencia la necesidad de destinar más recursos a...

November 28, 2017

NoticiasMexico

28NovNovember 28, 2017

España. Pensiones. El gobierno prevé disponer esta semana del fondo de reserva y del crédito para pagar la extra de navidad

El Gobierno dispondrá previsiblemente esta semana de una parte del Fondo de Reserva y del CREDITO (BCI.CHL)(BCI.CHL)recibido por el Estado para hacer frente a la paga extra de Navidad de los pensionistas. De esta manera se dará cumplimiento al calendario habitual marcado en estas fechas por el abono de la paga extraordinaria de los pensionistas y también por la liquidación del IRPF a este colectivo, cuya cuantía podría incluirse en la misma disposición, como se ha hecho en anteriores ocasiones. Para...

November 28, 2017

NoticiasEspaña

28NovNovember 28, 2017

UK. Millennials will have similar pensions to baby boomers, says report

Young adults will have retirement incomes similar to today’s pensioners, according to analysis which rejects widespread pessimism about the financial prospects for millennials. Men in their 40s will suffer a fall in their retirement incomes compared with today’s pensioners, but the generation behind them will see their incomes recover, analysis by the Resolution Foundation found. It said the average pension for a man will be about £310 a week in 2020, taking into account state and private pensions. This will fall to about...

November 28, 2017

News, SliderUK

28NovNovember 28, 2017

Brazil. Ministry Sees Risk of Recession if Pension Reform Bill Is Not Approved

A report conducted by the Planning Ministry assesses that if the pension reform bill is not approved by next year, the country will face yet another recession in 2019. The payment of pensions is the federal government's biggest expense. In order to tackle an ever-increasing deficit – which, according to official numbers, will reach R$ 184 billion (US$ 57 billion) by the end of the year – the federal government will be forced to take out further loans in order...

November 28, 2017

News, SliderBrazil

28NovNovember 28, 2017

S. Korea. State pension fund grows sharply over 30 years

South Korea's state-run pension fund has posted exponential growth since its inception about 30 years ago, but it still has a long way to go in order to serve its intended purpose, analysts said Tuesday. South Korea adopted the state pension program in 1988 to guarantee income for the elderly after retirement, and to provide coverage for disabilities and surviving family members. According to data from the National Pension Service, the number of subscribers to the National Pension Fund came to...

November 28, 2017

News, SliderSouth Korea

28NovNovember 28, 2017

US. Changes, trends and best practices for 401k administration in 2018

Whe new year won’t bring significant changes to 401k plans, experts say, which means it’s the perfect time for employers to boost their financial education efforts. Employees who are stressed about finances have lower productivity. And, when workers don't retire because they can't afford to, employers are faced with a talent logjam that creates high healthcare costs and a brain drain when those workers leave. These phenomenons have, in recent years, led employers to take various actions, from offering flexible...

November 28, 2017

News, SliderUS

28NovNovember 28, 2017

Brazil stocks fall on pension reform jitters

Brazilian stocks fell on Monday as traders feared the government might have to weaken pension legislation further to ensure its approval in Congress. President Michel Temer's administration agreed last week to soften its controversial plan to streamline the social security system after facing strong opposition from lawmakers. That proposal would generate fiscal savings of about 60 percent of the government's original proposal, down from 75 percent under a previous version. Investors widely see the bill as necessary to curtail rising public...

November 28, 2017

News, SliderBrazil

November 2017