December 2018

Petrobras aprueba nuevo plan de pensiones en medio de críticas

Los trabajadores dicen que la compañía quiere hacerlos pagar los "platos rotos" de las malas decisiones tomadas con las inversiones del fondo de retiro. El directorio de Petrobras aprobó un nuevo plan de retiro para sus trabajadores, en momentos en que la estatal brasileña trata de superar un creciente déficit de pensiones y la indignación de los empleados. La inscripción voluntaria en el nuevo plan se propone luego de que Petros, el fondo que administra las pensiones de los...

Este año la rentabilidad de los fondos de pensión de Chile cayó frente a 2017

El valor de las AFP sí incrementó por cuenta de personas que entraron al sistema. Desde Augusto Pinochet, Chile presentó uno de los modelos financieros que más se han expandido por el continente. Se trata el de los Fondos Privados o las famosas AFP, dedicadas a recibir un recaudo mensual por parte de los empleados de organizaciones para así utilizar ese dinero en inversiones; finalmente cuando las personas lleguen a su edad de jubilación (60 años, mujeres y 65,...

Korea Proposes Pension Reform

The world’s third-largest pension fund is in jeopardy of being depleted by 2057. The South Korean government has unveiled proposals to help reform the country’s pension system, as an aging population combined with record-low birth rates threatens to deplete South Korea’s $578.7 billion National Pension Fund by 2057. The country’s Ministry of Health and Welfare announced four proposals to maintain a balance between reinforcing recipients’ benefits and securing the fund’s stability, according to the Korea Herald. “The national pension...

UK. Pensions cold-calling to be banned from January

The long-delayed cold call ban has finally been approved into law, and will be effective from 9 January next year. Its introduction marks the end of an arduous journey that saw the government put off implementing the cold call ban on multiple occasions. Initially the ban was scheduled to come into force at the end of June this year but the Treasury delayed it due to “technicalities”. The government then announced progress on a pensions cold calling ban among...

Tax relief and fintech could help self-employed to save more into pension

Government will look to nudge self-employed workers to save towards a pension with the help of tech but tax reliefs may provide more effective in the long-run. The amount of self-employed workers who save towards their pension has more than halved in ten years, from 30 per cent in 2006/07 to 14 per cent in 2016/17 while self-employed workers grew from 3.3 million in 2001 to around 4.8 million this year. This has helped to create a self-employed pensions...

Puerto Rico. Gobernador firma proyecto sobre pre retiro voluntario

A cientos de empleados se les había denegado la petición de acogerse al pre retiro voluntario. El gobernador Ricardo Rosselló Nevares dió paso al Proyecto del Senado 1131, que ordena a la Oficina de Gerencia y Presupuesto (OGP) revaluar las solicitudes que fueron presentadas oportunamente por las entidades gubernamentales conforme al programa de pre retiro voluntario. “Se realizaron varias vistas públicas en el Senado y como parte de los resultados de la investigación realizada por la Comisión de Hacienda...

Perú. Gobierno observó ampliación de jubilación adelantada en AFP: Peligra su continuidad desde enero

Régimen, que había sido ampliado por tres años por el Congreso, vence este 31 de diciembre. El Gobierno envió hoy al Congreso la observación al proyecto de ley aprobado por el Congreso en noviembre pasado, el cual había ampliado por tres años más la vigencia del Régimen de Jubilación Anticipada (REJA) para desempleados en las AFP. Este régimen vence el 31 de diciembre del 2018, por lo que su ampliación regiría hasta fines del 2021. Si el Congreso...

US. Bill Would Allow Use of Retirement Plans to Provide Student Loan Repayment Benefits

The Retirement Parity for Student Loans Act would permit 401(k), 403(b), and SIMPLE retirement plans to make matching contributions to workers as if their student loan payments were salary reduction contributions. Senators Ron Wyden, D-Oregon, and Ben Cardin, D-Maryland, have introduced legislation that would allow 401(k), 403(b) and SIMPLE retirement plan sponsors to use their plans to provide student loan repayment benefits to employees. According to a summary of the bill, The Retirement Parity for Student Loans Act would...

Historical and Social Reasons Why Sacrifice As a Plan Fails

There were some emails about my article about being able to feed 40 billion people with today’s agricultural productivity. Food, energy, water, and ecosystems are connected. The complexity of those systems is secondary.Why do people have large families? What is happening within countries that go from poor and breeding to wealthy and stabilized? Very big events in history show the uselessness of some of the arguments that are made about the topic of overpopulation. Family Size, Public Health and...

US. MetLife settles Massachusetts case over unpaid pensions

MetLife Inc will pay a US$1 million fine to resolve claims that it made misleading statements to investors in failing to pay pension benefits to thousands of retirees it improperly treated as "presumed dead." Massachusetts Secretary of the Commonwealth William Galvin announced the settlement on Wednesday. The deal resolves an administrative case that Galvin's office filed against MetLife in June. As part of the settlement, Galvin's office said that MetLife will provide payments, with interest, to hundreds of Massachusetts...