admin, Author at Pension Policy International

27AprApril 27, 2017

US. IRI wants tax reform, but not at expense of retirement plans

The Insured Retirement Institute is urging the Trump administration and Congress to tread lightly in considering tax reforms that would strip incentives to save in qualified retirement plans. In an extensive letter to the Commerce and Treasury Secretaries and Republican and Democrat leaders on tax policy in both chambers of Congress, IRI says proposals that would limit the tax preferred treatment of contributions to employer-sponsored retirement plans would “risk significantly impairing retirement security” for the country. “With 30 million Baby Boomers...

April 27, 2017

NewsUS

27AprApril 27, 2017

UK should scrap state pensions for the richest 5-10%, says OECD

The UK should scrap state pension payments for the richest retirees, the Organisation for Economic Cooperation and Development (OECD) has said. The Paris-based think tank has said that slashing payments for the wealthiest 5-10 per cent of people would “free up resources” to raise pensions for the less well off. Under the current system, every UK citizen is eligible to receive a full state pension once they hit retirement age, providing they have made 30 years’ of National Insurance contributions. Speaking to...

April 27, 2017

NewsUK

26AprApril 26, 2017

Chile. De No+AFP al senado: Manuel Riesco (pc) postulará al congreso apoyado por el Partido Comunista

Este fin de semana el Partido Comunista tuvo su Comité Central, en donde celebró el proceso de inscripción de militantes y presentó sus candidaturas al parlamento. De estas, hay tres que postulan al Senado: los abogados Carmen Hertz (PC) y Eduardo Contreras (PC) y el economista Manuel Riesco (PC), quien es también uno de los líderes del movimiento No+AFP. En la instancia celebraron que el Partido Comunista fue la colectividad con mayor número de militantes en el país, con más...

April 26, 2017

NoticiasChile

26AprApril 26, 2017

US. A New York hotel deal shows how some public pension funds help to enrich Trump

Public pension funds in at least seven states including Missouri have invested millions of dollars in an investment fund that owns a New York hotel and pays one of President Donald Trump's companies to run it, according to a Reuters review of public records. That arrangement could put Trump at risk of violating an obscure constitutional clause, some legal experts say. The Trump SoHo Hotel and Condominium in Manhattan is an upscale 46-story property owned by a Los Angeles investment...

April 26, 2017

NewsUS

26AprApril 26, 2017

El Salvador. Gobierno aún no traslada $55 millones de deuda a cotizantes de AFP

Los $55 millones que el Gobierno adeuda a los cotizantes de las AFP desde el 7 de abril aún no han sido trasladados a las cuentas individuales de los trabajadores a pesar de que los diputados aprobaron una reasignación de fondos en el presupuesto general de la nación el viernes pasado y el decreto fue sancionado por el Presidente de la República ese mismo día. El plazo para pagar este dinero venció el 20 de abril, pero al no liquidarlo,...

April 26, 2017

NoticiasEl Salvador

26AprApril 26, 2017

Nigeria. All Eyes on Dikko, New PenCom DG

As Aliyu Dikko assumes office as the new PenCom DG, Nigerian workers and pensioners are expectant that the seasoned banker and experienced finance manager would bring his wealth of experience to bear in resolving pending issues in their overall interest, writes Ebere Nwoji As the new Director General, National Pension Commission (PenCom), Aliyu Dikko, takes over the mantle of leadership from Chinelo Anohu – Amazu, a number of tasks are awaiting his immediate actions. Some of these are – implementation of...

April 26, 2017

NewsNigeria

26AprApril 26, 2017

Chile. Ex ministro de Trabajo de Piñera asume directorio de AFP Capital

Juan Carlos Jobet, el ex ministro del Trabajo de Sebastián Piñera, asumirá como presidente del directorio de AFP Capital tras la salida de Andrés Castro, quien presentó su renuncia al cargo que desempeñaba desde que comenzó a operar la administradora en Chile. El ingeniero comercial de la Universidad Católica arribará a la compañía controlada por el Grupo Sura este jueves. Actualmente se desempeñana como socio de Veta 3, empresa en la que es socio de Pedro Pablo Errázuriz, otro de...

April 26, 2017

NoticiasChile

26AprApril 26, 2017

China pension fund revenue grows 25 percent in first quarter: Xinhua

Chinese pension funds drew 970.8 billion yuan ($141.06 billion) in revenue in the first quarter, an increase of 25.4 percent from the same period last year, state news agency Xinhua quoted the Ministry of Human Resources and Social Security as saying. Gross expenditures of the funds reached 808.5 billion yuan, up 22.9 percent from last year, and the pension funds' account balance stood at over 4 trillion yuan at the end of March, it said. China is home to more than...

April 26, 2017

NewsChina

26AprApril 26, 2017

UK. Hundreds of thousands risk being over-taxed on their pension

Royal London estimates that around 800,000 people under state pension age are receiving pensions but should be non-taxpayers because their total income is below the personal allowance. The company is urging those individuals to check that they are paying no tax and to apply for a refund if they have been over-taxed. This may be a particular issue for those who have multiple sources of taxable income such as a wage and a pension or multiple pensions. In some...

April 26, 2017

NewsUK

25AprApril 25, 2017

México. Da inicio la Semana de la Seguridad Social

El día de mañana dará inicio la Quinta Edición de la Semana de la Seguridad Social en el Senado de la República, la cual tiene como objetivo concientizar a la población sobre los derechos que tienen en esta materia. El senador Fernando Mayans, presidente de la Comisión de Seguridad Social informó que del 24 al 28 de abril se hará la revisión de experiencias y evaluación de las reformas estructurales de pensiones en diversos países de América Latina. Detalló que en...

April 25, 2017

NoticiasMexico

April 2017