admin, Author at Pension Policy International

31MayMay 31, 2017

Perú. SBS busca evitar conflictos de intereses en inversiones de los fondos de pensiones de las AFP

Los representantes de los fondos de pensiones de las AFP no deberán tener reciente vinculación con las empresas donde realizan sus inversiones, dispone una próxima regulación que será implementada por la SBS. La Superintendencia de Banca, Seguros y AFP (SBS) emitió un proyecto de resolución que reglamenta la participación de los representantes designados por las AFP en sociedades cuyas acciones son adquiridas con recursos de los fondos de pensiones. Entre las medidas que dispone, se busca evitar posibles casos de conflictos...

May 31, 2017

NoticiasPerú

31MayMay 31, 2017

Ireland. Only 35% of private sector workers have a pension, Donohoe says

Only 35 per cent of private sector workers have an occupational pension, Minister for Public Expenditure Paschal Donohoe has told the Seanad. Mr Donohoe repeated his view that the value of pensions should be considered as part of public servants’ remuneration. However, he said something would also have to be done about the level of pension coverage and provision more broadly. The demographic structure of society was changing, with those in the old age cohort growing by 20,000 annually, he added. Mr Donohoe...

May 31, 2017

NewsIreland

31MayMay 31, 2017

Nigeria. Not yet independence for Pension Reforms

Before the advent of the Contributory Pension Scheme (CPS) in 2004, it was a common view seeing public officials shedding tears at public functions decrying the plights of pensioners. With the implementation of the Pension Reforms Act 2004 by the Federal Government more than a decade ago, the road may have not been completely smooth even though it is a radical departure from the past defined benefit system. The anxiety over the utilisation of pension assets since the arrival of the...

May 31, 2017

News, OP EdNigeria

31MayMay 31, 2017

China’s pension fund to join the new Silk Road investment spree

China’s 2 trillion yuan (US$290 billion) national pension fund will hop onto the country’s new Silk Road bandwagon, joining other state-backed institutions to seek lucrative deals along the route. Wang Zhongmin, a vice-chairman of the National Social Security Fund (NSSF), said the fund would take a go-slow and low-key approach, but he conceded that a bag of investment deals are in the pipeline. “We will do investments along the route,” he told the South China Morning Post . “We are resolute...

May 31, 2017

NewsChina

30MayMay 30, 2017

El Salvador. Reforma de pensiones de la clase trabajadora con soluciones integrales

Diferentes movimientos sociales se han pronunciado ante la necesidad de que El Salvador cuente con una reforma de pensiones integral, que procure la sostenibilidad del sistema, amplíe la cobertura de los cotizantes y mejore las pensiones de clase trabajadora que ahorra para una pensión digna al jubilarse, un sistema estable. Esta consta de un Fondo de Pensión Solidario y Vitalicio (FPSV), que se alimentará de las cotizaciones de todas las personas que hoy cotizan en las AFP y un Fondo...

May 30, 2017

NoticiasEl Salvador

30MayMay 30, 2017

Magisterio y NO+AFP adhieren a marcha convocada por la Confech para el 1 de junio

Dirigentes de diversos movimientos sociales sostuvieron esta mañana una reunión donde determinaron adherir a la marcha convocada por la Confech para este próximo 1 de junio -fecha de la Cuenta Pública- para exigir incluir demandas sociales a las reformas impulsadas por la Presidenta Michelle Bachelet. "Podemos hacer un balance, a tres años de Gobierno, que como docentes, tenemos una carrera que no es nuestra carrera", indicó Mario Aguilar, presidente del Colegio de Profesores. Agregó que "tampoco ha puesto efectivo fin al...

May 30, 2017

NoticiasChile

30MayMay 30, 2017

BT considering closing defined-benefit pensions scheme for existing staff

BT is considering closing its defined-benefit pension scheme, the latest former state-owned business to close – or move to close – so-called “gold-plated” retirement plans for existing employees. It comes as the telecoms group prepares to enter negotiations with pension trustees about the future funding of the scheme from next month. It follows a similar, but more advanced, proposal by the recently privatised Royal Mail Group, where plans to shut its defined-benefit pension scheme to existing workers next year has resulted...

May 30, 2017

News

30MayMay 30, 2017

Public pensions must recognize their duty to address climate risk

Federal progress to mitigate climate change has stalled. In March, President Trump signed an executive order to unravel Obama-era climate change policies, lifting restrictions on energy companies and emissions standards for power plants. The administration will soon decide whether to uphold campaign pledges to exit the Paris Climate Accord. However, amidst federal policy chaos, other institutional investors such as college and foundation endowments have the latitude to address material risks associated with climate change. And for public pension plans, addressing...

May 30, 2017

News

30MayMay 30, 2017

World heading for a pensions crisis, but no quick fix is in sight

Do you know what age you are planning on retiring at? Have you saved up enough money to retire? While these questions may appear simple, the answers are not. A new report from the Word Economic Forum, 'We'll live to 100 - How can we afford it?', takes a more in-depth look at the global pension crisis being faced by governments, and here are five of its key findings. 1. We are living much longer than pension systems were designed to support. Life...

May 30, 2017

News, OP Ed

29MayMay 29, 2017

Bolivia. Por cada 100 afiliados a las AFP, sólo hay ocho independientes

Sólo ocho de cada 100 afiliados a las AFP son trabajadores independientes, de acuerdo con información de la base de datos de la Autoridad de Fiscalización y Control de Pensiones y Seguros (APS) al 28 de febrero de 2017. Hasta finales de febrero pasado, el total de afiliados a la seguridad social a largo plazo llegaba a 2.109.934 personas, de las cuales 181.944 eran trabajadores independientes, es decir, un 8,6%. La población económicamente activa llega a 5,5 millones, el 70% está...

May 29, 2017

NoticiasBolivia

May 2017