October 2024

Panamá. Arranca análisis comparativo de propuestas para reforma del IVM

Luego de finalizado el período de presentación de propuestas, la mesa de conversación que trata la crisis del Programa de Invalidez, Vejez y Muerte (IVM) de la Caja de Seguro Social inició el análisis comparativo para la reforma del sistema de pensiones de la CSS. Representantes de diferentes sectores plantearon su posición sobre las propuestas presentadas durante las diversas sesiones realizadas. Este encuentro tuvo como objetivo fundamental identificar similitudes, diferencias y soluciones viables para abordar la insostenibilidad financiera del sistema de...

UK. Govt launches National Wealth Fund to drive pension fund investment

The government has officially launched the National Wealth Fund and announced reforms to other public institutions to encourage additional pension fund investment into high-growth UK companies. The UK Infrastructure Bank is to be overhauled and rebranded as the National Wealth Fund. The announcement was made by chancellor Rachel Reeves at the government’s International Investment Summit in London yesterday (14 October). The fund is to receive £27.8bn and an expanded investment remit to support the government’s new industrial strategy, also announced yesterday. Its remit...

US. Most Corporate Pensions Saw Funding Dip in September

U.S. corporate pension funding ratios dipped slightly in September, as falling yields drove liabilities higher than could be offset by strong gains in equities, according to most of the country’s largest plan consultants. The consensus of slight declines in pension funding status comes after a month in which the Federal Reserve cut interest rates for the first time since the COVID-19 pandemic and its campaign of hikes to combat inflation, which began in 2022. Pension liabilities, driven in part by market interest...

UK. PASA launches pensions dashboards toolkit

PASA today published the first content in its new ‘Dashboards Toolkit’. The Toolkit will be updated over time and the first releases include: A questionnaire for trustees to issue to their AVC providers in advance of connecting their scheme AVCs to dashboards A checklist and suggested list of activities for administrators to connect to and maintain AVC data A list of AVC providers and their connection methods Geraldine Brassett, Chair of the PASA Dashboards Scheme Configuration sub-group, commented: “PASA has...

From ageing to active living — working through old age in EU

Ausra Linkuviene, a retired typesetting designer from Lithuania, represents a growing trend in Europe, where retirement no longer means the end of a working career. Years after retiring, 67-year-old Austra has continued working. Supported by both her pension and salary, she can travel every year. Admired by her younger colleagues, she sees no reason to leave her profession, she told Xinhua. Her story reflects a larger demographic shift across Europe. By 2050, nearly 30 percent of the European Union (EU) population...

¿Cómo prepararse para una jubilación digna en México?

La jubilación es una etapa fundamental en la vida de cualquier persona, y planificarla adecuadamente es crucial para garantizar un futuro financiero estable. En México, el sistema de pensiones ha enfrentado varios desafíos en los últimos años, lo que hace que la preparación para la jubilación sea más importante que nunca. Según datos del Instituto Nacional de Estadística y Geografía (INEGI), alrededor del 62% de los mexicanos no ahorra para su retiro, lo que puede llevar a dificultades económicas en la vejez. Dinero Cómo planificar una buena...

Perú. ONP inicia pagos de pensiones a domicilio desde este lunes 14 de octubre

La Oficina de Normalización Previsional (ONP) ha programado los pagos a domicilio de las pensiones correspondientes al mes de octubre, asegurando la comodidad y protección de los que optaron por esta modalidad de pago. Un total de 9,589 pensionistas se beneficiarán de este servicio gratuito. El pago a domicilio se llevará a cabo entre el lunes 14 y el miércoles 23 de octubre, conforme a la siguiente distribución zonal: Lima Norte: del lunes 14 al miércoles 16 de octubre se visitará...

Argentina. Jubilaciones de ANSES: confirman nuevo aumento para noviembre

El próximo mes el organismo previsional implementará un nuevo cronograma de pagos. Incluye una suba en los haberes de jubilaciones y pensionados. Además hay incrementos para los beneficiarios de otras prestaciones. Desde la Administración Nacional de la Seguridad Social (ANSES) trabajan para implementar un nuevo aumento a las jubilaciones, pensiones y asignaciones durante noviembre 2024. Así, los beneficiarios recibirán una suba del 3,5% en sus haberes. Con el incremento, también se actualizarán los montos mínimos y máximos de las jubilaciones y pensiones. Esto...

Biggest US public pension fund Calpers invests in UK’s Octopus Energy

The largest public pension scheme in the US has invested in Octopus Energy, highlighting international interest in the fast-growing UK power company. Calpers, which oversees the pensions of public workers in California and has about $500bn of assets under management, invested in the private company this year as part of a push into climate-related assets, Calpers confirmed in response to a query from the Financial Times. It made its investment in May alongside Australian pension fund Aware Super. Together the two...

30% of young Koreans support abolition of national pension system: poll

About 30 percent of Koreans, aged between 18 and 49, support the abolition of the national pension system amid waning public trust in the fund, a recent poll shows. According to a survey, released on Sunday, people in those age groups share a distrust of the sustainability of the fund, which is expected to be depleted around 30 years in the future. Asked to choose one of four options to improve its financial soundness — increasing the premium rate, focusing on...