editor, Author at Pension Policy International

09AugAugust 9, 2023

Care Economy and Gender-Transformative Social Protection in India and the G20 Countries

By taking a gender-transformative and a rights-based entitlement approach, this Policy Brief stresses the importance of investing in the care economy within the context of COVID-19 recovery plans, the G20 agenda of striving for just and equitable growth, and India’s Vision 2047. Ensuring greater gender equality in the distribution of paid and unpaid work can be socially transformative and enhance gross domestic product. This Brief explores inequality within the care economy in India, specifically focusing on the unpaid care...

August 9, 2023

NewsEconomy, Pension

09AugAugust 9, 2023

Contributions to 401(k) Savings on the Rise; So Are Withdrawals

A study of more than 4 million 401(k) plans shows that workers are doing better at saving for retirement. However, in a signal of potential economic headwinds, more are also taking emergency withdrawals and borrowing from their accounts. The quarterly Bank of America Participant Pulse report shows that 401(k) balances are up an average of 9.6%, or $7,250, so far this year. However, the report also showed higher hardship withdrawals and account loans.1 “The data from our report tells two stories—one...

August 9, 2023

NewsPension

08AugAugust 8, 2023

Pensiones: hablemos de parámetros

Las decisiones que se toman en el ámbito previsional tienen consecuencias de largo plazo, por eso es importante no perderse: los sistemas de pensiones del mundo que consideramos superiores tienen todos mejores parámetros que el nuestro. En Chile, han cambiado variables económicas, demográficas, y sociales, pero no hemos actualizado el diseño de nuestro segundo pilar previsional desde su creación. ¿Qué son los parámetros? Son variables dentro de un sistema o función que, modificándolas, alteran el resultado de este. Algunos son,...

August 8, 2023

NoticiasPensiones

08AugAugust 8, 2023

Lanzan URGENTE aviso para PAGO a beneficiarios de la Pensión IMSS e ISSSTE en agosto

Luego de que el gobierno mexicano permitió la unificación de cuentas de la Pensión IMSS e ISSSTE, miles de beneficiarios estallaron en júbilo por este nuevo beneficio con el que podrán incrementar el pago que reciben por concepto de este fondo de ahorros para el retiro de los trabajadores en México. Por esta razón, las autoridades lanzan un urgente aviso para todos los jubilados durante este mes de agostorelacionado con el trámite. Anteriormente, este trámite de unificación no existía y...

August 8, 2023

NoticiasIMSS, Mexico

08AugAugust 8, 2023

La Seguridad Social informa: estas son las pensiones más beneficiadas tras la reforma de Escrivá

En pos de la sostenibilidad del sistema de pensiones el ministerio de Inclusión, Seguridad Social y Migraciones y su titular, José Luis Escrivá, acometía una reformaque perseguía lograr que los trabajadores no optaran por el retiro voluntario antes de llegar a la edad legal de jubilación y, a ser posible, que siguieran en activo algunos años más a cambio de una serie de incentivos económicos. Aún así, tras la reforma del sistema hay jubilaciones anticipadas que salen mejor paradas que...

August 8, 2023

Noticias, UncategorizedSeguridad Social

08AugAugust 8, 2023

Reforma de pensiones: Democracia Cristiana cree que es “viable” votar la propuesta antes de Fiestas Patrias y Renovación Nacional advierte su rechazo

Luego del término de la Mesa Técnica por pensiones, el Ejecutivo planea retomar el trámite legislativo de la reforma previsional durante agosto con el objetivo de votar la iniciativa en la sala de la Cámara de Diputadas y Diputados antes de las Fiestas Patrias. El gran cuestionamiento hoy por hoy es si se cuenta con los votos suficientes para aprobar la propuesta. Ante ese escenario y pese a que los partidos se encuentran a la espera de conocer la indicación...

August 8, 2023

NoticiasChile

08AugAugust 8, 2023

Reforms Must Ensure Fair User Payment in Aged-Care Funding

Aged-care services will cost taxpayers more than A$35 billion this year. Treasurer Jim Chalmers argues it's one of the government's biggest ongoing funding challenges. The last intergenerational report, which looked out over the next 40 years, came to the same conclusion. In a search for answers, the government has set up an aged-care taskforce to report on how aged care should be funded, and by whom. Its report is due by the end of the year. The aged-care funding system is...

August 8, 2023

NewsPension Reform

08AugAugust 8, 2023

Democratic bill would require spousal consent for 401(k) distributions

Spousal consent would be required to start most distributions from 401(k) plans, under two companion bills sponsored by Democrats in Congress. The legislation aims to make defined-contribution plans more similar to traditional pensions in that regard. Unlike defined-benefit plans, DC plans aren’t legally required to make account holders get sign-off from a spouse when initiating payouts other than required minimum distributions or those made in the form of one of a few types of annuities, such as qualified joint and...

August 8, 2023

News, Uncategorized401, Pension

08AugAugust 8, 2023

‘Smart financial move’ could see you boost your UK state pension

The state pension is linked to a person’s National Insurance record, meaning someone who has gaps could get less than the full amount. Checking for gaps, and filling them where possible, may be worthwhile in order to boost one’s income in retirement, an expert has warned. Mark Routen, head of tax at Hoxton Capital Management, told GB News: “Boosting your UK state pension by plugging gaps in your National Insurance record is a smart financial move that can provide you with...

August 8, 2023

News, UncategorizedPension

08AugAugust 8, 2023

DWP stops payments to thousands of people claiming State Pension while overseas

State Pension recipients have been warned over the risk of losing their payments if they move abroad. It comes after thousands of claimants saw their payments suddenly end. The Department for Work and Pensions (DWP) explained that this move was not down to any administrative errors by officials. Instead, it was due to those involved choosing to go and live overseas. People can choose to receive their State Pension abroad as long as they have paid enough UK National Insurance contributions...

August 8, 2023

NewsPension

August 2023