August 2017

10Aug

UK. Tata Steel Set to Offload £15 Billion Pension Fund

Global steel producer Tata Steel is poised to offload its £15 billion ($19,5 billion) British Steel retirement fund to the U.K.'s Pension Protection Fund, with a formal announcement expected on Friday, according to a trade union spokesman. The news follows the company's confirmation in March that it would close its existing defined benefit scheme. Since April 1, British Steel has been offering employees a defined contribution scheme in its place. The British Steel Pension Fund has around 13,000 members. In its quarterly...

August 10, 2017
News, Slider
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10Aug

Programas de Pensiones, Empleo y Familia

Por Martha Miranda-Muñoz (Interamerican Conference for Social Security (CISS)), Nelly Aguilera (Interamerican Conference for Social Security (CISS))y Gabriel Martinez (Instituto Tecnológico Autónomo de México (ITAM)) Los programas de pensiones, empleo y familia constituyen tres de las cuatro grandes categorías de la política social (la cuarta siendo los de salud). En este artículo se analizan opciones para su diseño dentro de un marco de universalidad de la seguridad social en México. Si bien estos programas tienen componentes de beneficios monetarios centrales,...

August 10, 2017
Artículos, Diseño de Pensiones, Regulación, Sostenibilidad del Sistema, ,
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09Aug

Analisis del Mercado Laboral y su Efecto en el Sistema de Pensiones

Por Guillermo LaGarda (Boston University - Department of Economics; Inter-American Development Bank (IDB)) y Jose Angel Mandujano (Independent) En este trabajo se presenta un análisis de la movilidad en el mercado laboral y los efectos que tiene sobre la evolución del sistema vigente de pensiones. Tradicionalmente se consideraba, en estudios relacionados con el tema de ahorro para el retiro, que las variables relevantes eran sólo aquellas que involucraban la competencia del mercado financiero, el nivel salarial y los contratos de aportaciones. Sin embargo, los limitados resultados observados, así como...

August 9, 2017
Ahorro, Artículos, Regulación,
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09Aug

México. Mujeres, con pensiones más bajas que hombres: Consar

La insuficiencia de las pensiones para los trabajadores que lleguen a la edad de retiro afectará en mayor medida a las mujeres que a los hombres, reveló este martes información oficial. Una mujer tendrá una pensión hasta 22 por ciento menor que la obtenida por un hombre bajo las mismas condiciones y años de cotización, estableció la Comisión Nacional del Sistema de Ahorro para el Retiro (Consar). Una de las razones de la desigualdad pensionaria está en la brecha salarial. Los...

August 9, 2017
Noticias
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09Aug

Puerto Rico. Los jubilados retarán a la Junta de Supervisión Fiscal

El Comité Oficial de Retirados en el caso de Título III del gobierno se propone rebatir en corte la propuesta de la Junta de Supervisión Fiscal (JSF) que modificaría hasta en 25% las pensiones que reciben unos 168,000 retirados en Puerto Rico. De acuerdo con uno de los asesores legales del Comité y otrora administrador de la Administración de los Sistemas de Retiro (ASR), Héctor Mayol, el grupo designado por el Síndico de la Corte de Quiebras de los Estados...

August 9, 2017
Noticias
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09Aug

UK. Pensioners’ incomes rapidly catching up with workers’ after retirement earnings triple in 40 years

Retired households have tripled their incomes in the past 40 years, substantially narrowing the gap in earnings with working-age households. Back in 1977 the average pensioner household’s income was £10,500 (in 2016 prices, which account for inflation), just 52pc of the £20,200 earned by non-retired households. But by the financial year ending in 2016 those pensioners’ incomes had risen to £29,500, according to the Office for National Statistics. By contrast, non-retired households’ incomes had only doubled, rising to £41,900 on average. On average...

August 9, 2017
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09Aug

El Salvador. privatización de pensiones, negocio para las AFP y pobreza para los jubilados

La Sala de lo Constitucional de la Corte Suprema de Justicia, invalidó el día 26 de julio las reformasque los diputados hicieron a la Ley del Sistema de Ahorro para Pensiones para pasar de 45% a 50% la capacidad de préstamo al gobierno para el pago de los CIP, según ellos, por considerar que se pone en riesgo el dinero de los cotizantes al subir el techo del FOP del 45 al 50 por ciento. Esto por supuesto es un...

August 9, 2017
Noticias, Op-Ed
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09Aug

Nigeria Uncovers N5.7bn Pension Fraud in Eight Years

The Niger State government on Tuesday confirmed that after “a forensic audit of the contributory pension scheme during the period 2007-2015”, it has been established that the sum of N5.779 billion was not remitted to the Pension Board. The amount was less than the over N6.2 billion initially thought to have been siphoned. The state acting Governor, Alhaji Ahmed Mohammed Ketso, disclosed this when he addressed the opening of a three-day sensitisation workshop on “Effective Pension Management and Administration in Niger State”...

August 9, 2017
News, Slider
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08Aug

A Lost Generation but Renewed Hope: Oregon's Pension Crisis and the Road to Reform

By Scott Andrew Shepard (Independent) Like a number of other states, Oregon has been hampered in its pension reform efforts since 1996 by its state supreme court’s embrace of the “California Rule,” a doctrine arising, in Oregon’s case, from a misunderstanding of federal Contract Clause precedent. Under the misreading, states such as Oregon have been restricted from reducing pension benefits for government employees once they have been hired, even for work that lies in the future and may not be...

August 8, 2017
Articles, Regulation, Slider-Left, Supervision, System Sustainability,
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08Aug

A Lost Generation but Renewed Hope: Oregon’s Pension Crisis and the Road to Reform

By Scott Andrew Shepard (Independent) Like a number of other states, Oregon has been hampered in its pension reform efforts since 1996 by its state supreme court’s embrace of the “California Rule,” a doctrine arising, in Oregon’s case, from a misunderstanding of federal Contract Clause precedent. Under the misreading, states such as Oregon have been restricted from reducing pension benefits for government employees once they have been hired, even for work that lies in the future and may not be...

August 8, 2017
Articles, Regulation, Slider-Left, Supervision, System Sustainability,
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