admin, Author at Pension Policy International

24NovNovember 24, 2017

Perú. BCR lanza propuesta para que fondos de pensiones de las AFP logren mayor rentabilidad

El Banco Central de Reserva (BCR) propuso modificar una de las normas que rige al sistema privado de pensiones, para que las AFP puedan lograr un mayor rentabilidad de los fondos. El Gerente General del BCR, Renzo Rossini, explicó que actualmente la normativa penaliza a la AFP que logra un mayor rendimiento de los fondos de pensiones, respecto a las otras AFP. “El principal problema de las AFP es que cada una debe tener como rendimiento el promedio del resto, cosa...

November 24, 2017

NoticiasPerú

24NovNovember 24, 2017

México. Propone cabildo de Morelia crear instituto municipal de pensiones

Para el próximo año podría quedar listo el proyecto del instituto municipal de pensiones de Morelia, que busca evitar una crisis financiera al no poder sostener a los trabajadores retirados, anunció el tesorero, Alberto Guzmán Díaz. En entrevista colectiva refirió que la tarde de este jueves el cabildo moreliano revisó, en sesión extraordinaria, lo referente al alcance presupuestal 2018, por lo que se presentó un estudio actuarial sobre la situación del municipio respecto a jubilaciones y pensiones y se determinó...

November 24, 2017

NoticiasMexico

24NovNovember 24, 2017

Brazil. Even the Watered-Down Version of the Pension Reform Lacks Backing

One day after President Michel Temer held a dinner meeting, in an attempt to gather political strength to pass the government's pension reform bill, Temer's allies are rather pessimistic concerning government's interests. Although the bill has been watered down, congressmen claim "nothing will change" regarding parliamentary support, unless the current government campaign succeeds in reducing public rejection of the reform. "Most party leaders attended dinner, but their 'followers' didn't join them. I asked: 'What happened, did you lose the strength of...

November 24, 2017

News, SliderBrazil

24NovNovember 24, 2017

Australia. Criminals rorting millions from welfare system from behind bars

More than 20,000 jailed criminals have been busted illegally claiming a total of more than $16.5 million in taxpayer-funded benefits. The Herald Sun can reveal the federal government has been conducting sweeps of the nation’s prisons over the past four years to identify those criminals receiving benefits behind bars. It already costs taxpayers $110,000 to keep one prisoner locked up for a year. While inside, they are not allowed to receive welfare payments — but many fail to inform Centrelink that they have...

November 24, 2017

News, SliderAustralia

24NovNovember 24, 2017

Ireland. Government needs to pursue a proper pension investment strategy

At a time the economy was booming, the National Pension Reserve Fund was established in 2001, taking up a proposal by Prof Philip Lane to plan ahead for future growth in the numbers of pensioners. The numbers aged over 65 are set to more than double by 2046, according to CSO projections. The share of the population over 65 will also rise rapidly in coming decades from 13 per cent of the population in 2011 to between 25 and 30 per cent of...

November 24, 2017

News, SliderIreland

24NovNovember 24, 2017

Tanzania: Job Cuts Loom Ahead of Pension Funds Merger

Job cuts look imminent in the social security sector following the drafting of a bill that seeks to merge four funds into one. Senior managers and operations staff will be hit the hardest as they are likely to be assigned other duties or laid off if the Bill is passed by Parliament and signed into law by the Head of State. Among these who will be affected are the directors general of the four funds, boards of directors and heads...

November 24, 2017

News, SliderTanzania

23NovNovember 23, 2017

Chile. Guillier se abre a eliminar las AFP “a largo plazo”

Tal como ocurrió ayer con Sebastián Piñera, este miércoles el candidato de la centroizquierda, Alejandro Guillier, participó en "Las caras de la moneda". En una entrevista humana con Don Francisco, el senador y periodista abordó temas más allá de lo político, como su vida familiar. Sin embargo, entre las declaraciones destacadas estuvo su visión sobre el sistema de pensiones: "Todos los chilenos sabemos que el sistema de AFP fue un fracaso, cambiarlo no es una cosa de decisión administrativa, es...

November 23, 2017

NoticiasChile

23NovNovember 23, 2017

México. La calculadora que te dice adónde se fue y se irá tu dinero

La Comisión Nacional del Sistema de Ahorro para el Retiro (Consar) incorporó nuevas funcionalidades a la calculadora de ahorro y retiro para cotizantes al Instituto Mexicano del Seguros Social (IMSS). Explicó que, de acuerdo con estos estudios, las personas suelen responder de manera más proactiva a temas asociados al retiro cuando disponen de herramientas didácticas, sencillas de usar y con ejemplos prácticos. ESTRENOS La primera incorporación de la calculadora es un gráfico que, después de llenar los datos pensionarios del ahorrador, permite...

November 23, 2017

NoticiasMexico

23NovNovember 23, 2017

World Bank report shines spotlight on Canadian pension model

Canadian public pension funds and pension plans are regarded as among the best in the world, but they underwent an evolution of changes to get to where they are today. Because of their success, the World Bank Group partnered with four Canadian pension funds, Alberta Investment Management Corporation (AIMCo), Caisse de dépôt et placement du Québec (CDPQ), Healthcare of Ontario Pension Plan (HOOPP), and OPTrust, as well as the Government of Ontario on a report that studies the evolution...

November 23, 2017

News, SliderCanada

23NovNovember 23, 2017

What’s at Stake With Brazil’s Pension Bill

Brazil’s Congress may vote in coming weeks on President Michel Temer’s flagship proposal to cap pension spending. Since it was first presented to Congress a year ago, the proposal has been watered down several times in an attempt to secure support the three-fifths majority needed in both houses. The Temer administration now expects to guarantee at least 50 percent of the 750-800 billion reais ($230-246 billion) in savings envisaged over a decade in the original proposal. The following charts show...

November 23, 2017

News, SliderBrazil

November 2017