editor, Author at Pension Policy International

07NovNovember 7, 2023

Colombia. Reforma Pensional: ¿cuáles serían los pros y los contras según Asofondos?

A pocos días de que re reinicie el segundo debate del proyecto de la reforma pensional que promueve el Gobierno Nacional de Gustavo Petro, existen una serie de dudas y preocupaciones por el impacto que esta pueda tener en caso de que sea aprobada tal y como está planteada. En diálogo con El Tiempo, Santiago Moreno, presidente de Asofondos, se pronunció sobre los aspectos positivos y negativos que trae la propuesta, además hizo una advertencia sobre aquellos puntos que pueden poner en riesgo la sostenibilidad...

November 7, 2023

NoticiasColombia, Reforma de Pensiones

07NovNovember 7, 2023

Argentina. El Gobierno anunciará el aumento de diciembre para jubilaciones y asignaciones

El Gobierno dará a conocer en los próximos días cómo será el aumento para jubilaciones y asignaciones que se reflejará en los tres meses venideros. Según indicaron distintos medios nacionales, se anunciará la movilidad previsional y se estima que será de entre 23 y 25%. En total son 18 millones de personas las que se verán beneficiadas con este aumento, entre jubilados, pensionados y beneficiarios de prestaciones sociales. Hasta el momento, este sector de la población recibió el bono de 37.000 pesos...

November 7, 2023

NoticiasArgentina, Ingreso, Protección Social

07NovNovember 7, 2023

US. Low earners need more retirement income

Social Security alone is simply not enough, new Vanguard study confirms People often assume that the retirement needs of low-wage workers are covered by Social Security's progressive benefit formula. That assessment has never been correct. Social Security was never intended to be the sole source of income for any group of retirees. Social Security replacement rates -- benefits as a percentage of preretirement earnings -- fall far below the generally accepted benchmarks. Low earners are more likely to claim early, which results...

November 7, 2023

Newssavings, Social Protection, US

07NovNovember 7, 2023

British pensions could invest 1.2 trln pounds in climate projects, with policy help-report

Britain's pensions industry could invest up to 1.2 trillion pounds ($1.5 trillion), half the capital needed by 2035 to put the UK on track to its net-zero goals, if there were more attractive projects and fewer regulatory barriers, a report on Tuesday showed. The UK pensions industry currently invests 4% of its assets in "climate solutions" and is on course to invest just 300 billion pounds by 2035, according to research from British life insurer Phoenix Group and campaign group...

November 7, 2023

NewsClimate crisis, Regulation, UK

07NovNovember 7, 2023

China pension fund posts 0.33% gain in 2022

The basic pension fund managed by China’s social security fund gained RMB 5.1 billion, or 0.33% in 2022, down from a 4.9% gain in 2021, the National Council for Social Security Fund said on Saturday, reports Reuters. The shrink in yield was mainly impacted by deep changes in global economic and political situations and increasing fluctuations in the financial markets, the state investor said in a statement. China’s stock benchmark CSI 300 lost 21.6% in 2022 and so far this year...

November 7, 2023

NewsChina, Investment, Pension Management

07NovNovember 7, 2023

U.S. corporate pension plan funding ratio climbs to new high for year

The overall funding ratio at the 100 largest U.S. corporate pension plans edged up to 104.2% as of Oct. 31 – a new high for the year, according to the latest Milliman 100 Pension Funding Index released on Nov. 6. The funding ratio was 103.6% at the end of September. An investment return of -2.68% in October, the third consecutive month of losses, was offset by a significant increase in discount rates to 6.2% from 5.84%, which contributed to the gain. Assets...

November 7, 2023

NewsFunding, Occupational Pensions, US

07NovNovember 7, 2023

UAE. GPSSA: Merging employment services improves retirement options

Merging previous service periods is a pivotal step to pursue in order to enhance an insured individual’s chances in obtaining a better retirement pension scheme, since it results in a continuation and extension of employment years up until the insured completes the remaining years eligible for a pension, stressed the General Pension and Social Security Authority (GPSSA). As part of the “End it Right” campaign’s quest to ensure insured individuals receive the highest retirement pension possible, while securing their post-retirement...

November 7, 2023

NewsOperations, UAE

06NovNovember 6, 2023

Chile. Reforma previsional congelada hasta despues del plebiscito le conviene al gobierno

Como “la única opción real” que tiene el Gobierno para que se avance en la reforma previsional que está impulsando es vista la decisión de mantener “congelada” la iniciativa hasta después del Plebiscito de Salida de la nueva Constitución. Así al menos lo aseguró la investigadora en sistemas de pensiones y académica de la Universidad de Santiago, Denise Laroze, quien comentó a EL DÍNAMO que dicho aplazamiento “es una mirada realista de las circunstancias que vive el país”. También se mostró “totalmente de acuerdo” con las...

November 6, 2023

NoticiasChile, Reforma de Pensiones

06NovNovember 6, 2023

Colombia. Pensión para mujeres podría bajar a menos de 1.000 semanas: estos serían los requisitos

Durante este año, se ha generado un amplio debate en torno a la pensión, principalmente debido a la propuesta de reforma pensional presentada por el Gobierno Petro. No obstante, también han surgido controversias en relación con la jubilación, específicamente en lo que respecta a la edad mínima para la pensión de las mujeres. Hasta ahora, para acceder a la pensión, las mujeres deben contar con 57 años y haber cotizado durante 1.300 semanas. Sin embargo, a partir del 2026, habrá cambios significativos, ya que la...

November 6, 2023

NoticiasBrecha de Género, Colombia, Operaciones, Regulación

06NovNovember 6, 2023

Canada. ‘Take your job seriously’: Employment Minister tells Alberta to stick with Canada Pension Plan

Federal Employment Minister Randy Boissonnault says he is against any attempt by the Alberta government to leave the Canada Pension Plan. "I can tell you that the federal government and I are very clearly committed to working with Albertans to keep them in the Canada Pension Plan," Boissonnault told CTV’s Power Play on Friday. "It's simply wrong to politicize pensions." Alberta's governing United Conservative Party contends that the province's workers put more into the Canada Pension Plan (CPP) than they get...

November 6, 2023

NewsCanada, Investment, Pension Management, System sustainability

November 2023