editor, Author at Pension Policy International

14SepSeptember 14, 2023

US Corporate Pension Funding Levels Dropped in August

US. corporate pension funding levels fell last month, matching a drop in global equities, according to analysts.The August report from LGIM America’s Pension Solutions Monitor estimated that the average U.S. corporate funding ratio decreased to 103.6% through August from 104.9% at the end of July.Global equities declined 2.8%, with the S&P 500 decreasing 1.6%. Portfolios in plans with a 50/50 allocation declined 2.5%, while liabilities declined 1.4%. The decrease in assets outpaced the decline in liabilities, leading to lower...

September 14, 2023

News, UncategorizedFunding, Occupational Pensions, US

14SepSeptember 14, 2023

Minimum interest rate rise a ‘sustainable challenge’ for Swiss pension funds

The increase of the minimum interest rate – Mindestzinssatz – on pension savings to 1.25% recommend by the Swiss federal commission for occupational pensions, BVG-Kommission, is a challenge for pension funds, but sustainable, according to the commission’s president Christine Egerszegi-Obrist. “We held 1% [minimum interest rate] for years. A year ago we had negative interest rates and pension funds suffered considerably, [but] the interest rate landscape has changed, [therefore] we have carefully increased the interest rate,” she told IPE, explaining...

September 14, 2023

NewsSustainability, Switzerland

13SepSeptember 13, 2023

México. No es momento para hablar de otras reformas laborales: Coparmex

No es el momento para hablar de otras reformas laborales para duplicar el pago del aguinaldo y reducir la jornada de trabajo de los empleados formales en México, consideró José Medina Mora Icaza, presidente de la Confederación Patronal de la República Mexicana (Coparmex). “No es momento de aumentar costos por el aumento de costos que ha habido en este año”, comentó el representante empresarial durante la Feria Iberoamericana de Innovación y Emprendimiento, organizada por el organismo. “Hasta que no logremos recuperar...

September 13, 2023

NoticiasMercado Laboral, Mexico

13SepSeptember 13, 2023

El enemigo que afecta a las jubilaciones uruguayas y las medidas para evitar sus efectos negativos

Una de las principales causas de las dificultades para aumentar el ahorro para las pensiones está en el funcionamiento del mercado laboral . Sin embargo, según la Federación Internacional de Administradoras de Fondos de Pensiones (FIAP), existen otros motivos que explican este problema, relacionados con las políticas públicas para enfrentar las “contingencias sociales”. La organización publicó una nota -a la que accedió El País- sobre las razones detrás de los bajos niveles de ahorro previsional en los programas contributivos de pensiones en América Latina y el Caribe. Según...

September 13, 2023

NoticiasDiseño de Pensiones, Mercado Laboral, Sector Informal, Uruguay

13SepSeptember 13, 2023

Países Iberoamericanos analizan las reformas laborales de la región en el II foro de Formalización Laboral

La informalidad laboral en los países iberoamericanos afecta a una de la cada dos personas trabajadoras, y supone que el 65% de los hogares se encuentren total o parcialmente en la informalidad. Estas y otras cuestiones se han abordado en el II foro de Formalización Laboral promovido por la OISS. El desafío de la informalidad laboral es un fenómeno complejo y de múltiples dimensiones, que afecta principalmente a trabajadores y trabajadoras con baja cualificación en sectores como la minería, agricultura,...

September 13, 2023

Noticias, UncategorizedMercado Laboral, Regulación, Seguridad Social

13SepSeptember 13, 2023

New Report Finds Public Pensions Play a Critical Role in Delivering Retirement Security for Older Americans While Reducing Wealth Inequality by Race and Gender

A new report finds that defined benefit pensions play a critical role in delivering adequate retirement income for older Americans while providing a key buffer against economic hardship for women, Blacks, Latinos, and those without a four-year college degree. The report also finds that the wealth value of lifetime pension income, particularly from public pensions, is distributed more equitably by race and gender than other private financial assets, thereby narrowing the wealth gap among older families. For example, public...

September 13, 2023

NewsEquality, Public Pensions, US

13SepSeptember 13, 2023

UK. Sunak tells PMQs he is ‘committed’ to pensions triple lock

Criticised over the state's pension policy, the PM says the government is committed to the triple lock He did not specify that this would extend beyond the next general election It follows Commons questions about maintaining the state pension triple lock beyond the next general election Labour leader Sir Keir Starmer asks the PM why Wandsworth escapee Daniel Khalife was not held in a category A prison The PM says such escapes are "extremely rare" and confirms an...

September 13, 2023

NewsAdequacy, Inflation, UK

13SepSeptember 13, 2023

Health, Pensions, and Electricity Sectors Are Key to Fiscal Consolidation in Guinea-Bissau

Strengthening the pension system, improving health sector outcomes, and enhancing the performance of the electricity sector are key to consolidating fiscal space in Guinea-Bissau and accelerating development. These are some of highlights of the Public Expenditure Review (PER), a new report launched by the World Bank. With a small population of around 2 million and economic activity centered on the production and sale of unprocessed cashew nuts, Guinea-Bissau is beset by political instability and high rates of extreme poverty and vulnerability....

September 13, 2023

NewsGuinea-Bissau, Political economy, System Characterization

13SepSeptember 13, 2023

China can’t just rely on boosting births to address aging population issues, Renmin University professor says

China can't just rely on increasing childbirths to address its aging population issues, said Du Peng, vice principal of Renmin University of China. Regardless of how many children are born in China, the number of people who are aged 60 and above will roughly double to more than 500 million in the year 2050, he told reporters during a talk on Wednesday. To minimize the economic impact of such population changes, he said policymakers can take action today: by raising the...

September 13, 2023

NewsAging, China, Labor Market

12SepSeptember 12, 2023

Pensiones sociales hacen más rígido el gasto en México

Los constantes apoyos a Petróleos Mexicanos (Pemex) y los programas prioritarios como las pensiones y las obras emblemáticas, hacen 'más rígido' el control de gastos del gobierno federal, advirtió Moody’s Investors Service. Renzo Merino, vicepresidente y senior analyst de la calificadora, dijo en un análisis que estas dinámicas de gasto le restarán espacio fiscal al gobierno en adelante. Para el siguiente ejercicio fiscal, el gobierno federal planea un gasto neto total de 9 billones 66 mil millones de pesos, 4.3 por...

September 12, 2023

NoticiasMexico, Protección Social

September 2023