August 2025

US. Texas state pension funds face benchmark dilemma over banned investments

The Employee Retirement System of Texas (ERS) is set to switch to a custom benchmark from Bloomberg allowing it to exclude the long list of companies it is banned from investing in from performance comparisons. Texan statewide pension funds are currently prohibited from investing in companies allegedly boycotting fossil fuel or Israeli investments, or that allegedly have operations in Iran. Lists of such firms are determined by the state’s comptroller. The comptroller also directed funds to divest from China late last year. Separate...

Saudi Arabia to launch voluntary pension and savings scheme for foreign workers

Saudi Arabia is preparing to announce a new voluntary pension and savings program that will be open to both Saudi and foreign workers, according to the International Monetary Fund’s (IMF) latest Article IV consultation report, cited by Al-Eqtisadiah newspaper. The program is designed to boost household savings and is expected to help curb the outflow of workers’ remittances abroad. The Public Pension and Savings Program is anticipated to be unveiled soon. Foreign remittances from Saudi Arabia rose 14 percent last year to...

Argentina. Con ayuda de gobernadores, el oficialismo ratificó el veto de Milei al aumento de las jubilaciones

El oficialismo logró convalidar en la Cámara de Diputados el veto del presidente Javier Milei a la ley que aumentaba 7,2% todas las jubilaciones y pensiones, y el incremento del bono de $70 mil a $110 mil. Dado que se necesita que los vetos sean rechazados por ambas Cámaras, la decisión del Poder Ejecutivo quedará firme. La oposición sumó 160 votos a favor del proyecto original y el oficialismo aglutinó 83 rechazos. También hubo seis abstenciones que jugaron a favor del oficialismo porque al estar...

Cientos de profesores se manifiestan en Perú para exigir la subida de sus pensiones

Cientos de profesores de Perú se manifestaron este miércoles en la capital Lima en una marcha hacia el Congreso de la República para exigir que se apruebe la subida de sus pensiones en una segunda y definitiva votación, después de que el parlamentario fujimorista César Revilla retirase su moción para reconsiderar el primer resultado. La movilización, convocada por el Sindicato Unitario de Trabajadores en la Educación del Perú (Sutep), la principal organización gremial de los profesores peruanos, se desarrolló por...

Sindicalistas de UES harán “Marcha Negra” contra reforma a Ley de Pensiones

Luego de la aprobación de la Reforma a la Ley de Pensiones por parte de la Asamblea Legislativa, el sector de trabajadores ha expresado tener dudas respecto a la ejecución de la misma. Patricio Pineda, miembro de la Mesa de Trabajo por una Pensión Digna, abordó ciertos puntos relacionados al tema durante una actividad organizada por sindicalistas de la UES. De acuerdo con lo planteado por el experto en temas de pensiones, la reciente modificación a la ley “genera un escenario futuro...

Pensioners on the frontline of Argentina’s fiery politics

For sure, these veteran "militants" are vocal. Sometimes they are even feisty. But they are also gray-haired, wrinkled and at times struggle to keep their balance. "For God's sake!" 87-year-old Ricardo Migliavacca shouted during a recent police advance that nearly toppled him. "How disgraceful!" He recovered only with the help of his sturdy blue Zimmer frame. Migliavacca is just one of hundreds of pensioners who have taken part in weekly protests against Argentina's right-wing President Javier Milei. They want a pension increase to soften...

UK. Gender gap means retired women ‘have four months a year with no pension’

Retired women in the UK in effect go four months of the year without a pension when their income is compared with that of men, union leaders have warned. The TUC said the income gap between men and women in retirement was 36.5%, equivalent to a shortfall of £7,600 a year on average. As a percentage this was more than double the gender pay gap, which measures the difference in average earnings from work; it stands at 13.1%. The union organisation said this meant...

Treasury Outlines Plan to Pay Retirement Benefits to Former Kenya Railways Staff

National Treasury Cabinet Secretary, John Mbadi, has revealed how the government plans to pay the retirement benefits owed to former Kenya Railways staff. Appearing before the Labour and Social Welfare Committee on Wednesday, August 20, Mbadi revealed that the government had a plan set in place to pay the money owed to the Kenya Railways Staff Retirement Benefit Scheme (KRSRBS). The CS claimed that the delayed payments had been caused by the fact that the scheme did not have any monetary...

US. How 401(K)s Can Perpetuate Wealth Inequality

The 401(k) plan was never meant to become the backbone of U.S. retirement security. When it emerged in the late 1970s and early 1980s, it was pitched as a tax-deferred perk for executives and other white-collar workers.1 But four decades on, 401(k)s dominate private-sector retirement savings offerings, covering two-thirds of workers with access to a plan and holding $9 trillion in assets. Yet their benefits still tilt upward: Higher-income employees, who naturally rely less on their complete paycheck to get...

México aumentará 15% las pensiones de algunos adultos mayores en mayor vulnerabilidad.

Sin duda los adultos mayores son un sector de la población vulnerable, razón por la cual para ellos suelen existir diversas facilidades otorgadas por el gobierno y las instituciones. En este caso, es el Instituto Mexicano del Seguro Social (IMSS), quien otorga un beneficio especial para este grupo, el cual consiste en un aumento del 15% en su pensión. Sin embargo, es importante mencionar que se trata de un beneficio especial pensado específicamente para adultos mayores con ciertas condiciones que los vuelven...