May 2025

UK. DWP identifies over 12,000 state pension HRP underpayments

The Department for Work and Pensions (DWP) identified 12,379 underpayments between 8 January 2024 and 31 March 2025, totalling around £104m in arrears for those affected by Home Responsibilities Protection (HRP) State Pension underpayments. According to the update, the average arrears paid was £8,377 between 8 January 2024 and 31 March 2025. In the same period, HMRC sent 370,018 letters. It also processed 8,639 applications under the state pension age and 44,296 applications over the state pension age. In total, the DWP...

Denmark. Denmark to raise retirement age to highest in Europe

Denmark is set to have the highest retirement age in Europe after its parliament adopted a law raising it to 70 by 2040. Since 2006, Denmark has tied the official retirement age to life expectancy and has revised it every five years. It is currently 67 but will rise to 68 in 2030 and to 69 in 2035. The retirement age at 70 will apply to all people born after 31 December 1970. The new law passed on Thursday with 81 votes...

Social engagement linked to longer lifespan in older adults

A study in the Journal of the American Geriatrics Society indicates that social engagement may help older individuals live longer. In the study of 2,268 U.S. individuals aged 60 years and older who completed the Psychosocial and Lifestyle Questionnaires and provided blood samples in 2016, there was a strong association between engaging in social activities and a low risk of 4-year mortality. High social engagement was associated with a 42% lower mortality risk than low engagement. Specific activities, such as charity work, engaging...

Decenas de heridos en protesta por jubilaciones en capital de Argentina

Decenas de personas resultaron heridas el miércoles frente al Congreso argentino en Buenos Aires, durante una protesta de organizaciones sociales y jubilados que demandan un aumento de sus ingresos. Imágenes de TV mostraron a las fuerzas de seguridad avanzando contra manifestantes frente al Congreso, donde los diputados no alcanzaron el quórum necesario para tratar varios proyectos, incluido un aumento para los jubilados y una moratoria. "Ésta, que es la casa de la democracia, no puede quedarse indiferente cuando un jubilado gana...

Argentina. Adiós a la pensión por viudez: ANSES dará de baja a quienes no cumplan con este requisito

A comienzos del 2025, el Gobierno de Javier Milei puso fin a la moratoria previsional, un beneficio que permitía regularizar años de aportes mediante un plan de pagos, facilitando el acceso a la jubilación para quienes no alcanzaban los 30 años exigidos por ley. Con esta modificación, la Administración Nacional de la Seguridad Social (ANSES) anunció que las personas que no cumplan con los años de aportes requeridos podrán acceder a la Pensión Universal para el Adulto Mayor (PUAM), equivalente al 80% de la jubilación mínima.  Sin embargo, este cambio...

Colombia. Más de un millón de afiliados podrán cambiar de régimen pensional con la nueva reforma

Más de un millón de afiliados al sistema pensional podrán pedir el traslado de Colpensiones a los fondos privados y viceversa, con la entrada en vigor de la Ley 2381 del 2024, que establece la reforma pensional. ¿Quiénes pueden acceder? Con el régimen de transición, todas las personas que tengan cierta cantidad de semanas cotizadas hasta el 30 de junio de 2025 podrán pedir el cambio. Estas son: Mujeres: 750 semanas o más. Hombres: 900 semanas o más. Así mismo, quienes estén...

Perú. MEF advierte: no tendrán pensión mínima quienes hagan nuevos retiros de AFP

Quienes realicen nuevos retiros de sus fondos de pensiones no podrán acceder a una pensión mínima, advirtió este martes el ministro de Economía y Finanzas, Raúl Pérez Reyes. Según precisó, este beneficio (incluido en el reglamento de la nueva Ley de Modernización del Sistema Previsional Peruano) será cubierto de forma complementaria por el Estado, pero solo si el afiliado mantiene su fondo hasta la jubilación. “Se está planteando en el reglamento la figura de la pensión mínima que será cubierta...

Canada’s top pension fund drops net-zero emissions target

Pension and climate activist group Shift on Wednesday criticized Canada's top pension's plan to abandon its net-zero greenhouse gas emissions by 2050 commitment. The Canada Pension Plan Investment Board (CPP Investments), which manages C$714.4 billion ($516.93 billion) in assets, said it planned to abandon the commitment announced in February 2022 to make its operations and investment portfolio align with the goal. Shift said the change, covered in the FAQ section of its website, was made on Wednesday but Reuters could not...

UK. Starmer announces U-turn on winter fuel payment cuts

Sir Keir Starmer has announced plans to ease cuts to winter fuel payments, in a U-turn following mounting political pressure in recent weeks. More than 10 million pensioners lost out on the payments, worth up to £300, when the pension top-up became means-tested last year. Speaking at Prime Minister's Questions, Sir Keir said ministers would change the threshold to allow "more pensioners" to qualify again. But it remains unclear how many will regain their entitlement for the payments, or when the changes...

The Dual Burden of Housing and Care for Older Adults

As the first baby boomers turn 80 in the coming decade, a growing number of older households will face challenges paying for both housing and the supports and services they will need to remain in their homes. In a new paper out this week, we find that after paying for housing and basic living expenses, only 24 percent of single and partner households age 75 and over had sufficient income to afford a daily paid visit from a home health...