admin, Author at Pension Policy International

23AugAugust 23, 2017

Sistema General De Pensiones Y Pensión Mínima De Vejez En Colombia: Estimaciones De Capital Acumulado Utilizando Gradientes Geométricos (General Pension System and Minimum Old-Age Pension in Colombia: Estimates of Accumulated Capital Using Geometric Gradients)

By Carlos Albeiro Mora Villalobos (Pontificia Universidad Javeriana) El marco legal que regula el Sistema General de Pensiones (SGP) en Colombia establece que un afiliado logra adquirir el derecho de pensión mínima de vejez cuando al cumplir la edad de pensión (57 años/mujer, 62 años/hombre), haya logrado cotizar al sistema 1300 semanas durante el periodo de acumulación, siendo una condición legalmente válida para cualquiera de los dos regímenes existentes (rpm y rais). Por otro lado, la evidencia empírica muestra que...

August 23, 2017

Artículos, Diseño de Pensiones, Inversión, RegulaciónAging, Colombia, Investment, Labor Market, Replacement Rate

22AugAugust 22, 2017

Chile. AFP se abren a fórmula para compensar retorno negativo vía comisiones

En la primera sesión de la Comisión de Trabajo de la Cámara de Diputados para analizar el proyecto que crea un nuevo Ahorro Colectivo en pensiones, el presidente de la Asociación de AFP, Andrés Santa Cruz, se mostró abierto a generar mecanismos de compensación a las personas por retornos negativos, pero en el largo plazo. Se trata de una medida que el gobierno analizó, pero que resolvió dejar fuera finalmente de su propuesta de pensiones. Así lo indicó Santa Cruz...

August 22, 2017

NoticiasChile

22AugAugust 22, 2017

México. Sugieren más planes de retiro a empresas

Para poder alcanzar una tasa de remplazo en las pensiones de al menos 60% del último sueldo, como propone la Organización para la Cooperación y Desarrollo Económicos (OCDE), es necesario implementar en todas las empresas planes privados de retiro, aseguró José Méndez Fabre, presidente de la Asociación Mexicana de Instituciones Bursátiles (AMIB). En entrevista detalló que esto forma parte de una iniciativa impulsada por la AMIB, los bancos, compañías de seguros, afores, casas de bolsa y fondos de inversión, por...

August 22, 2017

NoticiasMexico

22AugAugust 22, 2017

El Salvador. Reforma de pensiones: puntos esenciales y diferencias GOES-AFP

La propuesta reformulada por el ministro de Hacienda, y presentada el pasado 13 de julio, tiene como elemento de aproximación con la posición de los partidos de la derecha, el dejar en manos de las AFP el manejo de los ahorros; crea un Fondo Colectivo con aporte estatal equivalente al 5% de los ingresos corrientes netos cada año, con el ahorro de los cotizantes, equivalente al 8% del salario y con la transferencia del 50% de los Certificados de...

August 22, 2017

NoticiasEl Salvador

22AugAugust 22, 2017

UK. Ex-BHS owner Dominic Chappell prosecuted by pensions regulator

Dominic Chappell, the former owner of BHS, is to be prosecuted by the pensions watchdog for failing to provide information for an investigation into its sale. Chappell headed Retail Acquisitions, the company that acquired BHS for £1 from Sir Philip Green in 2015. A year later, it collapsed with the loss of 11,000 jobs and a pension deficit of as much as £571m. The Pensions Regulator is prosecuting Chappell for failing to comply with three notices for information issued under Section...

August 22, 2017

News, SliderUK

22AugAugust 22, 2017

Nigeria. PenCom against Devolution of Power Bill

The National Pension Commission (PenCom), has kicked against the ongoing amendment on pension in the Constitutional Amendment Bill No.3 on Devolution of Powers by the National Assembly. The Acting Director-General, Mrs. Aisha Dahir-Umar, said the amendment if passed into law, will bring chaos and regulatory arbitrage in the country. She said acceding to the proposed amendment which allows State Houses of Assembly to enact laws establishing regulatory agencies on pension matters would directly be in conflict with the Pension Reform Act...

August 22, 2017

News, SliderNigeria

22AugAugust 22, 2017

73% of Aussies plan to use the Age Pension

Most Australians (63 per cent) do not have a plan for how they will live in retirement and 73 per cent plan to use the Age Pension when they retire, according to Sunsuper. Sunsuper’s latest report surveyed over 1,000 Australians and found that 30 per cent of people never thought about their retirement and four per cent did not care about retiring. The remaining 66 per cent had vastly mixed feelings. Those who felt positively (33 per cent) about retiring were...

August 22, 2017

News, SliderAustralia

22AugAugust 22, 2017

UK government announces measures to tackle pension cold-calling

It is hoped that this “two-pronged” attack on scammers will not only put a hurdle in the way in which fraudsters contact would be retirees, but will also limit their options in getting access to savings. Former pensions minister, Baroness Ros Altmann, said: “The government has bowed to the overwhelming pressure from politicians, consumer groups and the pensions industry to urgently introduce a ban on pensions cold-calling. “This is great news. It is also going to toughen rules on transfers out...

August 22, 2017

News, SliderUK

22AugAugust 22, 2017

US. How Far Does $1 Million Go in Retirement?

A million dollars—it has a nice ring to it. But as Dr. Evil learned after spending 30 years cryogenically preserved, it may not be enough—for many people, certainly not enough to comfortably retire on, depending on where and how long they live. A new report from GOBankingRates measures how long a million dollars would last for retirees 65 and older, state by state. It did that by multiplying the Bureau of Labor Statistics’ mean annual expenditures for that age group...

August 22, 2017

News, SliderUS

21AugAugust 21, 2017

Here’s how China’s Ageing will Narrow Income Gaps in West

In recent years politicians and thinkers in the developed world have found themselves struggling to explain three trends that have gripped advanced economies: the long-term fall in real interest rates adjusted for inflation, the fall in workers’ real wages, and the sharp rise in inequality between rich and poor. In truth, these three trends are easy enough to understand if you take a global, rather than a national or regional view. They can all be explained by the economic rise of...

August 21, 2017

News, SliderAging, Aging (and old age), Asia, China, Labor Market

August 2017