editor, Author at Pension Policy International

12FebFebruary 12, 2026

El Gobierno de El Salvador aún no presenta la reforma de pensiones acordada con el FMI

Los salvadoreños están a la espera de que el Gobierno del presidente Nayib Bukele presente una reforma al sistema de pensiones —adoptado a finales de la década de 1990 y modificado en 2022—, comprometida con el Fondo Monetario Internacional (FMI), cuyo plazo de entrega venció el 10 de febrero. El presidente de la Asamblea Legislativa, Ernesto Castro, fue consultado este miércoles, antes del inicio de la sesión plenaria, sobre si el órgano había recibido la propuesta de reforma, y respondió...

February 12, 2026

NoticiasEl Salvador, Reforma de Pensiones

12FebFebruary 12, 2026

Chile. La implementación: el verdadero desafío de la reforma previsional. Por Karol Fernández

La reforma previsional ya no es un debate legislativo, sino una operación institucional compleja, con múltiples actores, plazos estrictos y un margen de error prácticamente inexistente. Lo que está en juego no es solo eficiencia administrativa, sino la confianza pública. La reforma aprobada introduce un nuevo entramado institucional que exige coordinación fina entre el Instituto de Previsión Social (IPS), la Superintendencia de Pensiones, la Subsecretaría de Previsión Social, el Fondo Autónomo de Protección Previsional y las AFP. Si esa coordinación...

February 12, 2026

NoticiasChile, Regulación, supervision

12FebFebruary 12, 2026

Argentina. En 2025 cayó un 20% la cantidad de nuevos jubilados y más de la mitad usó moratoria

Durante 2025, accedieron a una jubilación del sistema de la Anses 338.553 personas, un 20% menos que en el año previo, según datos de la Subsecretaría de Seguridad Social. De esas altas de prestaciones, el 53,5% incluyó moratoria o compra de aportes no hechos en su momento, en tanto que en el 46,5% de los casos la prestación se obtuvo sin ese tipo de planes, porque los solicitantes habían completado los 30 años de contribuciones, el requisito mínimo establecido...

February 12, 2026

NoticiasArgentina, Cobertura, Sector Informal

12FebFebruary 12, 2026

Report: UK pensions could sell up to £8bn on secondaries market in the next year

UK defined benefit pension schemes are increasingly looking to sell on the secondaries market with new research showing they could sell up to £8 billion ($11 billion; €9.2 billion) of illiquid assets. UK DB pensions could sell between £4 billion-£8 billion of illiquid assets over the next 12 months, according to the Illiquid Assets Report 2025 published by according to a joint report from pension-focused secondaries trading platform MeltX and UK pensions research and events company Mallowstreet. The report surveyed 42 advisers...

February 12, 2026

NewsInvestment, PRT, UK

12FebFebruary 12, 2026

Canada’s second-largest pension fund axes future DP World deals over Epstein revelations

Canada’s second-largest pension fund is suspending future investment plans with Dubai logistics giant DP World over ties between its CEO and Jeffrey Epstein, Bloomberg reported. A spokesperson for Caisse de Depot et Placement du Quebec said in a statement: “We have made it clear to the company that we expect it to shed light on the situation and take the necessary actions. Until then, we are pausing additional capital deployment alongside the company.” It follows revelations that Sultan Ahmed bin Sulayem,...

February 12, 2026

NewsCanada, Corporate Governance, Investment

12FebFebruary 12, 2026

As China Ages, a Pension Crisis Looms

On October 23, 2025, the Fourth Plenary Session of the 20th Chinese Communist Party Central Committee concluded with approval of the 15th Five-Year Plan, covering the period from 2026 to 2030. Chinese leaders have described this plan as a “crucial link” in the country’s long-term goal of achieving fundamental modernization by 2035. Yet beneath these ambitions lies a structural challenge that threatens to erode many of its gains. Amid rapid economic growth and ambitions for a highly modernized industrial system,...

February 12, 2026

NewsAging, China, System sustainability

12FebFebruary 12, 2026

Navigating the DB Pension Endgame: Lessons from Global Leaders

Aging populations and falling birth rates are placing mounting pressure on pension systems worldwide. In Europe alone, the dependency ratio is expected to climb sharply over the next two decades, threatening retirement adequacy and prompting governments to raise pension ages and reduce benefits. At the same time, global retirement systems are transitioning toward defined contribution pension strategies, leaving defined benefit (DB) plans to increasingly operate as legacy arrangements. Regulatory reforms are also sweeping across markets, often centralizing governance, accelerating consolidation...

February 12, 2026

NewsDefined Benefit, Pension Management

12FebFebruary 12, 2026

US. Older people power a gray-shaped economy

Forget K-shaped, try gray-shaped: Older Americans are powering the economy. Why it matters: The changing demographics in the U.S. — more old people, fewer young ones — are reshaping jobs and spending in all kinds of ways. The latest: Nearly all of the job growth in January came from the health care and social assistance sectors, per the BLS data out Wednesday. Health care employment also drove much of the labor market growth last year. How it works: "As the population ages, you need more doctors and nurses, but you also...

February 12, 2026

NewsAging, US

12FebFebruary 12, 2026

WTW Sees Nearly $100B UK Pension Risk Transfer Market in 2026

The U.K. pension risk transfer market—driven by plan asset surpluses—is expected to continue its growth trajectory this year, according to WTW’s annual “De-Risking Report.” The firm forecast the U.K. PRT market to reach more than 70 billion pounds ($95 billion) this year, an approximate 15% increase from last year. WTW expects the bulk annuity market to exceed 50 billion pounds, while longevity swaps—which transfer the longevity risk of plans, based on their members, to insurers—are expected to exceed 20 billion pounds in activity. “The risk transfer market is entering 2026 with strong momentum,” said Gemma Millington, WTW’s senior...

February 12, 2026

NewsPRT, UK

11FebFebruary 11, 2026

Chile. Superintendencia de Pensiones informa topes imponibles definitivos para 2026

La Superintendencia de Pensiones (SP) dio a conocer este martes el valor definitivo del tope imponible mensual para calcular las cotizaciones obligatorias del sistema de pensiones, de salud y de leyes de accidentes del trabajo que regirá en 2026. Así el nuevo valor será de 90,0 Unidades de Fomento (UF), equivalente a $3.571.978 millones al valor actual. La cifra es superior en 2,2 UF a los 87,8 UF del 2025 y además es levemente mayor a las 89,9 UF, que...

February 11, 2026

NoticiasChile, Regulación

February 2026