December 2021

República Dominicana. Abinader dice el próximo año implementarán reformas para lograr pensiones justas

República Dominicana. Abinader dice el próximo año implementarán reformas para lograr pensiones justas

El presidente de la República, Luis Abinader, garantizó que el Gobierno implementará mecanismos para lograr agilizar los procesos de entrega de pensiones por antigüedad en el servicio. Indicó que el proceso forma parte de una serie de reformas que se desarrolla para garantizar los derechos de los ciudadanos. El mandatario habló tras participar este sábado en el quinto congreso de sindicalistas, que se desarrolló en el Hotel Lina. “La República Dominicana necesita tener un sistema idóneo de pensión, por lo tanto, los...

UK. Thousands of pension plans lost as billions accumulate – where does the money go?

MILLIONS of pension plans are at risk of being lost by Britain's workforce, with unclaimed policies racking up billions. So what happens to this money? And how can you check yours? A recent study conducted by a financial services firm has shown more than 200,000 people placed calls to the Department of Work and Pensions (DWP) in the past four years alone hunting for lost pensions. Some experts have claimed the amount in lost pensions within the UK system could...

Perú. Comisión de Economía del Congreso propondrá cambios en sistema de AFP y ONP

Perú. Comisión de Economía del Congreso propondrá cambios en sistema de AFP y ONP

La congresista Silvia Monteza, presidenta de la Comisión de Economía del Congreso, aseguró que este lunes 6 de diciembre se desarrollará el debate que busca simplificar los trámites para quienes buscan una pensión proporcional a los años de aportes y abre la discusión para evaluar la viabilidad de nuevos bonos de reconocimiento, y pensiones proporcionales para quienes tienen menos de 10 años de aportes. Las declaraciones de la legisladora por Acción Popular se dieron en el marco de la mesa...

Australia’s $3.3 trillion pension pot reaps dividends with ESG

Responsible investing is paying dividends for Australia's A$3.4 trillion (S$3.3 trillion) pension pot. Funds seen as sustainable leaders controlled 42 per cent of the assets in the nation's default savings plans last year, up from 28 per cent in 2019, according to the Responsible Investment Association of Australasia (RIAA). The 13 leading funds - which integrate environmental, social and governance (ESG) practices, are transparent and demonstrate a commitment to good governance and accountability - also outperformed rivals over three, five and...

Few Companies Make The Hard Tradeoffs To Reduce Carbon Emissions

Few Companies Make The Hard Tradeoffs To Reduce Carbon Emissions

The law firm Crowell & Moring recently released a survey-based report that looked at how companies are navigating pressures to improve their environmental performance. The company surveyed 225 executives whose jobs included environmental, social, and governance issues. 56% of respondents said their company does NOT measure its carbon footprint. What may surprise many people is that increasing pressure from investors is the third most common reason - cited by one third of respondents - for companies to adopt environmental goals....

Chile. Cámara rechaza el cuarto retiro de las AFP por falta de quorum y no habrá ley

Chile. Cámara rechaza el cuarto retiro de las AFP por falta de quorum y no habrá ley

La Cámara de Diputados rechazó esta tarde, por falta de quorum, el informe de la comisión mixta del proyecto de ley que establecía un cuarto retiro de fondos desde las AFP y un segundo anticipo de rentas vitalicias. La norma necesitaba 93 votos, pero consiguió solo 89 respaldos. De esta manera, el texto no será ley. La iniciativa se votó este viernes debido a que el Ejecutivo aplicó discusión inmediata forzando a una sesión especial para resolver el tema. El...

The Gender Gap in Pensions in the EU

By Fondazione Giacomo Brodolini & Istituto per la Ricerca Sociale Pensions are an important determinant of their beneficiaries’ economic independence. When examining independence for people of working age, we are led naturally to think about the gender pay gap. Focusing on gaps in pensions would be the natural follow-up (or sequel) to an interest in gender pay gaps. Those gaps would reflect the cumulated disadvantages of a career spent in a gender-biased labour market. This is even more true for older...

Socially responsible investing

By Charles Stanley Direct The human impact on the environment means changes to the way society and industry operates are necessary, while societal problems such as poverty and inequality need to be tackled. Choosing investments that take account of these issues is what we call “investing with conscience”, or socially responsible investing. Get the book here 752 views

Elderly Poverty and its Measurement

By Yoko Niimi & Charles Yuji Horioka This paper examines various aspects of elderly poverty and its measurement. It first discusses some of the most important issues relating to measuring elderly poverty. It then reviews recent trends in elderly poverty, which show considerable heterogeneity in the extent of elderly poverty even among developed countries. Such cross-country differences are due at least partly to differences in the generosity of public old-age pensions and other social safety nets for the elderly. Empirical...

Old-Age Pensions and Female Labour Supply in India

By Vidhya of Unnikrishnan & Kunal Sen Whether cash transfers have unintended behavioural effects on the recipient household’s labour supply is of considerable policy interest. We examine the impact’ of the Indira Gandhi National Old-Age Pension Scheme (IGNOAPS) on prime-age women’s labour supply decisions in India, where female labour force participation continues to decline over time. We use propensity score matching (PSM) to make households with IGNOAPS recipients comparable with program non-recipients. Further, we use individual fixed effects (FE) to...