January 2024
15Jan

Chile. Reforma de pensiones: DC reitera apuesta por fórmula “3 y 3” para el 6% de cotización adicional

La Comisión de Trabajo y Seguridad Social de la Cámara de Diputadas y Diputados despachará, este lunes 15 de enero, el proyecto de ley de reforma previsional. El diputado y presidente de la DC, Alberto Undurraga, abordó la propuesta de su colectividad sobre la reforma previsional que busca dividir el 6% de cotización adicional, dejándolo en un 3% para las cuentas individuales y un 3% a solidaridad. Ante esto, el timonel falangista aseguró que la derecha no quiere aceptar la iniciativa...

January 15, 2024
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15Jan

Argentina. ¿Qué puede pasar con las jubilaciones y pensiones durante 2024?

La suspensión de la fórmula de movilidad y que el Gobierno otorgue aumentos discrecionales por decreto –como figura en el megaproyecto que el Poder Ejecutivo envió al Congreso – con el objetivo de reducir un 0,4 puntos del PBI el déficit fiscal – puede llevar a un mayor deterioro de los haberes de los jubilados y pensionados, por encima del que tuvieron bajo los gobiernos de Mauricio Macri y Alberto Fernández. Como el megaproyecto no establece el nivel ni la periodicidad ni...

January 15, 2024
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15Jan

Investors ‘flying blind’ into legal risk of climate change, Oxford researchers warn

As investors assess climate-related financial risk, they are "flying blind" to the risk of climate lawsuits that could hit companies with trillions in damages, according to a research report from Oxford Sustainable Law Programme published Jan. 11 in Science. The Oxford Sustainable Law Programme is a joint initiative of the Smith School of Enterprise and the Environment and the Faculty of Law at the University of Oxford, England. Current practices used by investors to assess the financial risk of climate change...

January 15, 2024
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15Jan

Egypt to increase minimum wages, pensions within two months: Official

Sabry added that this move aims to alleviate the impact of the global economic situation on the public, especially with the approach of the holy month of Ramadan. “This step aligns with President Abdel Fattah El-Sisi's directives to support citizens and alleviate their financial burdens, given the unprecedented rise in price levels and inflation,” Sabry added in a phone call with the Salet El-Tahrir TV show on Sada El-Balad channel. The anticipated wage increases will be the third in a year. Egypt’s headline...

January 15, 2024
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15Jan

Expanding the conversation about aging

Many issues facing older adults intersect with other social inequalities, but experts often fail to keep the experiences of historically underserved communities in mind when discussing aging. Since 2020, the MIT AgeLab’s Aging and Equity Speaker Series has sought to bring together researchers, advocates, and practitioners who aim to understand how aging-related issues affect a broad array of communities. “We think it’s important to offer a platform at MIT that amplifies the work of researchers who are thinking about issues like...

January 15, 2024
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15Jan

Ghana. SSNIT to intensify campaign to enrol more self-employed

The Social Security and National Insurance Trust (SSNIT) is to intensify its initiative aimed at roping in more informal sector and self-employed persons in Ghana onto the state-run Tier One pension scheme. Riding on the successes of last year when it launched the Self Employed Enrolment Drive (SEED), SSNIT believes that a more aggressive approach to push the initiative will attract more people in that bracket to secure them a better future when they retire. The Director-General of SSNIT, Dr John...

January 15, 2024
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12Jan

Perú. Retiro AFP 2024: Estos son los proyectos que ya se debatieron

El año 2023 mantuvo a los afiliados de las Administradoras de Fondos de Pensiones (AFP) en vilo, anticipando el anuncio del Congreso de la República sobre la posibilidad de liberar una porción determinada de los fondos de pensiones. Este dinero podría significar un impulso para iniciar negocios, saldar deudas o simplemente enfrentar la actual coyuntura económica del país. Aunque se llevaron a cabo reuniones para abordar este tema, no se logró un acuerdo general. Por ello, las expectativas para el 2024 se centran en si habrá algún pronunciamiento...

January 12, 2024
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12Jan

UK. Six key pensions issues and trends in 2024: How many will affect you?

Here are our thoughts on the key issues and trends for pension scheme employers and trustees in 2024. The year ahead will see some major changes to pensions law, with the abolition of the pensions lifetime allowance from 6 April 2024 as well as the introduction of a new funding regime for defined benefit schemes. We also consider the broader market trends we are seeing in relation to scheme surpluses, buy-outs, and a focus on the "end game" for...

January 12, 2024
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12Jan

US. Pension Plans in ’23: Glass Half Full—and Half Empty

“Best condition this century.” Or, “improved” but “fragile.” Both characterizations of the state of pensions in 2023. Which applies depends on which pension system one is talking about. Better, But… State and local pension plans saw improvement in 2023, but there is still plenty of room for more, according to Anthony Randazzo and Jonathan Moody in Equable’s research brief “The State of Pensions 2023,” which looks at how public pensions fared in the year that was. Randazzo and Moody write that the...

January 12, 2024
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12Jan

Solving Vietnam’s social protection sustainability problem

As an economy develops, economic policy and social policy tend to overlap. Reports of long queues of people in Ho Chi Minh City withdrawing their social insurance contributions after losing their jobs during the COVID-19 pandemic is an example. Workers in the formal sector viewed their contributions to a retirement income insurance scheme — known generally as ‘social insurance’ — as their savings to be drawn upon in hard times. This helped boost demand and enhanced short-term macroeconomic management. Yet...

January 12, 2024
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