admin, Author at Pension Policy International

27JanJanuary 27, 2023

Colombia. Petro anuncia presentación de reformas de pensiones, laboral y de la salud

El presidente de Colombia, Gustavo Petro, anunció este jueves que en los próximos días presentará a consideración del Legislativo las reformas a los sistemas de pensiones, de salud y laboral que prometió durante la campaña electoral. "Lo que hoy arranca, en la fase de este Gobierno, es presentar las reformas al Congreso de la República para volver a garantizar los derechos de los colombianos y las colombianas, derechos que están en la Constitución en materia de pensiones, salud, laboral y...

January 27, 2023

Noticias, NoticiasColombia, Reforma de Pensiones

27JanJanuary 27, 2023

Perú. Ley 31670: Congreso aprueba ley que crea la pensión mínima y regula los aportes voluntarios previsionales

La promulgación de la Ley N° 31670, conocida como la Ley de pensión mínima, es el más reciente intento del Congreso del Perú para fomentar una cultura previsional para el Sistema Privado de Pensiones (SPP). La normativa, promulgada hace poco más de una semana, establece para ello ‘metas de ahorro’ que garanticen una jubilación con una pensión mínima —de allí el nombre—, uno que establece como parámetro base la Canasta Básica de Consumo, establecido en 99 dólares (378 soles). La alternativa...

January 27, 2023

Noticias, NoticiasPerú, Reforma de Pensiones

27JanJanuary 27, 2023

Chile. Multifondos arrancan el 2023 con resultados mixtos: A, B y C presentan ganancias y los más conservadores reportan pérdidas

Un comienzo de año dispar tuvieron los multifondos de pensiones. Los resultados positivos en los principales índices mundiales, la caída del dólar, el desempeño de los instrumentos de renta fija extranjeros, entre otros factores, condujeron a los multifondos a presentar resultados mixtos durante el primer mes del año. Según el boletín de Ciedess (con datos valor cuota al día 24), los fondos más riesgosos -A y B- registraron ganancias de 0,64% y 0,58%, respectivamente. En tanto, el fondo C -de...

January 27, 2023

Noticias, NoticiasAdministración de Pensiones, Chile

27JanJanuary 27, 2023

South Korea pension fund will deplete faster than expected, report says

South Korea's huge national pension fund is set to see its pool of money depleted by 2055, earlier than expected, because of a shrinking population amid low economic growth, an official estimate showed on Friday. A government panel commissioned for the estimate, made every five years, said in a report that the National Pension Service (NPS) would see its fund depleted two years earlier than 2018 estimate predicted. The NPS had 915 trillion won ($743.13 billion) of funds as of the...

January 27, 2023

NewsAging, Funding, South Korea

27JanJanuary 27, 2023

Pensions Benefit More than Retirees, Says Report

Pensions obviously benefit retirees, their dependents and their beneficiaries. But while it may be less obvious, pensions also benefit society writ large — to the tune of trillions, with a T. The National Institute on Retirement Security (NIRS) every two years updates its Pensionomics analysis that measures the economic “ripple effect” of payments from defined benefit plans. In “Pensionomics 2023: Measuring the Economic Impact of DB Pension Expenditures,” the NIRS quantifies the broader benefits of DB plans; namely, the economic...

January 27, 2023

NewsSocial Protection, System Characterization, US

27JanJanuary 27, 2023

Migration could prevent a looming population crisis. But there are catches

To developmental economist Lant Pritchett, "population decline" is a mild way to describe what could be a global demographic crisis. "The reaction is often 'ho-hum' as the rates [of population decline] are slow and hence the issue seems small and in the future," he told NPR in an email. But the problem is not small, he said, and falling birth rates could upend economies. Last week, China reported population decline for the first time in more than 60 years, raising questions about...

January 27, 2023

NewsAging, Labor Market

27JanJanuary 27, 2023

US. Commissioner Peirce calls for SEC rule on cryptocurrency

Commission the authority to regulate the trading of digital commodities. If the SEC did pursue rule-making for digital assets, Ms. Peirce noted, "we would have to admit that we likely need more, or at least more clearly delineated, statutory authority to regulate certain crypto tokens and to require crypto trading platforms to register with us. And Congress might decide to give that authority to someone else." However, she argued that the SEC could "do the job well," specifically when it comes...

January 27, 2023

NewsInvestement, Regulation, US

26JanJanuary 26, 2023

Older Adults and Technology Use

By: Aaron Smith America’s seniors have historically been late adopters to the world of technology compared to their younger compatriots, but their movement into digital life continues to deepen, according to newly released data from the Pew Research Center. In this report, we take advantage of a particularly large survey to conduct a unique exploration not only of technology use between Americans ages 65 or older and the rest of the population, but within the senior population as well. Two different groups of older Americans...

January 26, 2023

Aging, Books, Books2022, Healthcare, Technology

26JanJanuary 26, 2023

World Migration Report 2022

By: IOM Since 2000, IOM has been producing its flagship world migration reports every two years. The World Migration Report 2022, the eleventh in the world migration report series, has been produced to contribute to increased understanding of migration and mobility throughout the world. This new edition presents key data and information on migration as well as thematic chapters on highly topical migration issues, and is structured to focus on two key contributions for readers: Part I: key information on migration...

January 26, 2023

Books, Books, Labor Market2022, Aging, Income, Political economy

26JanJanuary 26, 2023

Gender-Inclusive Financial and Demographic Literacy: Lessons from the Empirical Evidence

By: Giovanna Apicella, Enrico G. De Giorgi, Emilia Di Lorenzo & Marilena Sibillo Longevity crucially affects demand for pensions, insurance products and annuities. Consistent empirical evidence shows that women have historically experienced lower mortality rates than men. In this paper, we study a measure of the gender gap in mortality rates, we call “Gender Gap Ratio”, across a wide range of ages and for four countries: France, Italy, Sweden and USA. We show the stylized facts that characterize the trend...

January 26, 2023

Articles, Pension design2023, Financial Literacy, Gender Gap

January 2023