admin, Author at Pension Policy International

10FebFebruary 10, 2023

Kenya. Pensions Department To Fast-Track Processing Of Pensions

Retiring public servants will receive their pension within 90 days after exiting from service if a plan by the Pensions Department in the Treasury and Planning Ministry to fast-track the processing of pension materializes. Already, the department has deployed its officers at the Teachers Service Commission and Vigilance House to help process pension for retiring teachers and police officers and the same is expected to be replicated at the Headquarters of all ministries, officials have said. This, the officials said, will...

February 10, 2023

NewsKenya, Operations, Pension Payout

10FebFebruary 10, 2023

Canada Pension Plan Investment Board returns net 1.9% in latest quarter

Canada Pension Plan Investment Board returned a net 1.9% in the third quarter of fiscal 2023 ended Dec. 31, the Toronto-based board announced in a news release Thursday. For the five-year and 10-year periods through Dec. 31, the fund delivered annualized net returns of 8.1% and 10%, respectively. Neither benchmark returns nor returns for individual asset classes are not provided in quarterly returns. CPPIB, which manages the assets of the Canada Pension Plan, also said the pension fund's net assets increased to...

February 10, 2023

NewsCanada, Investment, Returns

09FebFebruary 9, 2023

Perú. Congreso: presentan proyecto que propone el retiro de hasta 4 UIT de fondos AFP

La exsegunda vicepresidenta del Congreso Digna Calle (Podemos Perú) presentó un nuevo proyecto de ley que plantea el retiro de hasta 4 UIT o S/19,800 soles de las Administradoras de Fondos de Pensiones (AFP). La congresista señala que esta iniciativa tiene como objetivo autorizar “de manera extraordinaria y facultativa” a los afiliados al Sistema Privado de AFP el retiro de fondos acumulados en sus cuentas individuales de capitalización. Además, detalló que la norma no sería aplicable para quienes califiquen para acceder...

February 9, 2023

Noticias, NoticiasPerú, Retiro de Fondos

09FebFebruary 9, 2023

México. Corte valida UMA en reforma a Sistemas de Pensiones de Ahorro para el Retiro

La Suprema Corte de Justicia de la Nación (SCJN) confirmó la constitucionalidad del uso de la Unidad de Medida yActualización (UMA) para calcular el límite superior de cotización para las pensiones de cesantía en edad avanzada y vejez en las reformas a la Ley del Seguro Social y la Ley de los Sistemas de Pensiones de Ahorro para el Retiro de 2020. Durante la sesión pública de este miércoles, la segunda sala del máximo tribunal del país concluyó que, en...

February 9, 2023

Noticias, NoticiasAhorro, Mexico, Pago de Pensiones

09FebFebruary 9, 2023

Colombia. Colpensiones y fondos de pensión no cumplen su función: mintrabajo

La ministra de Trabajo, Gloria Inés Ramírez, manifestó que tanto Colpensiones y los fondos de pensión son competencia y no cumplen la función central que se necesita. Así lo reveló en entrevista con El Tiempo, en el que expresó las bases de la reforma pensional que se debate en el país en cuanto a Colpensiones y los fondos de ahorro. Read also OIT evidencia problemas de compatibilidad entre Colpensiones y fondos de pensiones en Colombia Ramírez recordó que los fondos de pensiones...

February 9, 2023

Noticias, NoticiasAdministración de Pensiones, Colombia, Reforma de Pensiones

09FebFebruary 9, 2023

Pensiones y elecciones preocupan a inversionistas en Perú, dice ministro de Economía

A los inversionistas extranjeros les preocupa el hecho de que Perú no haya fijado una fecha para las nuevas elecciones, además de los posibles retiros de pensiones en el futuro, dijo después de un viaje a Estados Unidos, el ministro de Economía, Álex Contreras. Perú ha aprobado varias leyes desde la pandemia que permiten a los ciudadanos hacer retiros de sus fondos de pensiones privados, que de otro modo no deberían tocarse hasta la jubilación. Los legisladores presentaron un nuevo...

February 9, 2023

Noticias, NoticiasEconomía Política, Inversiones, Perú

09FebFebruary 9, 2023

UK MPs and peers find HSBC complicit in Hong Kong human rights abuses

HSBC is complicit in human rights abuses against Hong Kong residents by siding with Chinese authorities and denying pension payouts to those who fled the authoritarian crackdown, an inquiry by peers and MPs has concluded. The report by the all-party parliamentary group (APPG) on Hong Kong took issue with the fact that banks including HSBC – which help to manage the compulsory pension fund that all residents pay into – have bowed to local authorities and refused to recognise the...

February 9, 2023

NewsHong Kong, Pension Payout

09FebFebruary 9, 2023

France’s Macron faces third round of pension reform strikes

President Emmanuel Macron and his government on Tuesday braced for a third wave of nationwide strikes and protests against plans to make the French work longer before retirement, as the bill started its bumpy passage through parliament. Rail services will be disrupted, school classes cancelled and refinery deliveries impacted as workers across multiple sectors walk out, and trade unions have urged the public once again to take to the streets in big numbers. The government says people must work two years...

February 9, 2023

NewsFrance, Pension Reform

09FebFebruary 9, 2023

The number of older Americans is growing, and many states are unprepared

States with a master plan can more readily make sure diverse programs and agencies coordinate to keep the needs of aging adults at the forefront. New York is the latest state to authorize creation of a Master Plan for Aging, starting the process of developing systems to help older adults lead independent, meaningful and dignified lives in their own homes and communities as long as possible. While several other states also have developed or are developing similar long-term proposals, which typically...

February 9, 2023

NewsAging, Public Policy, US

09FebFebruary 9, 2023

Ghana debt swap deal ‘good for you’, finance minister tells retirees

Ghana's finance minister told a group of protesting retiree bondholders on Monday they were being a offered a good deal, as the government of the struggling West African nation pushes to get a domestic debt exchange over the line by Tuesday. Ghana launched a debt swap plan in December as part of attempts to address a spiralling economic crisis, but it has struggled to convince bondholders to register, in part due to a lack of clarity over its terms and...

February 9, 2023

NewsGhana, Pension Payout, Political economy

February 2023