editor, Author at Pension Policy International

14AugAugust 14, 2023

Concourt ruling puts pension worries to rest

A ruling by the highest court in the land, the Constitutional Court, has put to rest concerns about pension fund rule amendments, which arose after a determination against a fund by the Pension Funds Adjudicator (PFA) was upheld by the High Court but then overturned by the Supreme Court of Appeal (SCA). All retirement funds in South Africa – except those that fall under separate legislation, such as the Government Employees Pension Fund – are governed by the Pension Funds...

August 14, 2023

NewsPension

14AugAugust 14, 2023

Tell the young the truth: they won’t get a state pension

When Mr Asquith designed the old age pension, which began on 1 January 1909, it was five shillings a week (equivalent to less than £30 now), and was paid only to people over the age of 70. At the time, the average lifespan of men was 48 and women 52. Last year, the total pensions bill was £110 billion, and by 2025 it may be £135 billion, or more than the total expenditure on defence, education and by the...

August 14, 2023

News, UncategorizedPension

14AugAugust 14, 2023

Generational capital: how stock rent is supposed to work

The statutory pension insurance system in Germany is faced with a dilemma: more and more pension recipients are faced with fewer and fewer contributors. So far, the statutory pension system has been structured according to the pay-as-you-go system: the contributions of the contributors are used to pay out the pensions to the recipients. Statutory pension insurance no longer sustainable But this money is no longer enough. Last year, taxpayers paid more than 100 billion euros into the pension fund as a...

August 14, 2023

NewsPension

14AugAugust 14, 2023

Motorcycle taxi drivers want to participate in social insurance to have pensions

Many motorcycle taxi drivers who are carrying tourists to visit Quang Nam Province’s UNESCO-recognized natural heritage site of Hoi An City, the Hoai River with meager income but they still want to pay voluntary social insurance so that they will have a pension to ensure their life when they get old. On a field trip to Quang Nam Province organized by the Vietnam Social Security, journalists in Hanoi and Ho Chi Minh City interviewed motorcycle taxi drivers in the ancient...

August 14, 2023

NewsPension, Taxi

11AugAugust 11, 2023

Afores, obligadas a llamar a quienes estén por jubilarse

Tendrán que realizar el contacto telefónico cuando menos en tres intentos en distintos horarios, dos días de la semana, durante tres semanas consecutivas. Las administradoras de fondos para el retiro (afores) tendrán la obligación de contactar con llamadas al trabajador que está apunto de jubilarse para así asesorarlo en el trámite, de acuerdo con información de la Comisión Nacional del Sistema del Ahorro para el Retiro (Consar). Actualmente, la normatividad establece que las administradoras de fondos deberán identificar las cuentas individuales...

August 11, 2023

NoticiasAfores

11AugAugust 11, 2023

Jubilaciones, pensiones y AUH: cuánto se cobrará en septiembre después de los aumentos

Este jueves, el Gobierno anunció un aumento del 23,29 por ciento en las jubilaciones y la Asignación Universal por Hijo (AUH) a partir de septiembre. De esta forma, el haber mínimo, sin el bono, pasará a ser de $87.489. Anses, además, anunció que pagará para los jubilados de la mínima un bono por los próximos tres meses de 27 mil pesos cada mes, por lo cual “ningún jubilado cobrará menos de $114.460″, al menos hasta noviembre, según dijo la directora...

August 11, 2023

NoticiasPension

11AugAugust 11, 2023

La PAM, justa y necesaria pero insostenible

En las últimas semanas, se ha debatido ampliamente sobre el aumento de los ingresos en los hogares más pobres de México, reflejado en la Encuesta Nacional de Ingreso de los Hogares del Inegi. Mientras algunos argumentamos que este aumento se debe principalmente a las políticas laborales, no se puede negar la importancia de la política social. No obstante, existe una preocupación creciente acerca de la viabilidad financiera de estos programas, especialmente con relación a la pensión destinada a los...

August 11, 2023

NoticiasPAM

11AugAugust 11, 2023

La Moneda apuesta todo al avance de reforma de pensiones para recuperar agenda en medio de lío de platas

Marcar un hito que sirva de reimpulso al debate previsional. Ese es el objetivo que se ha propuesto el gobierno del Presidente Gabriel Boric para este viernes. El Mandatario participará del conversatorio “Mejores pensiones para Chile”, en el gimnasio municipal de Macul junto a la expresidenta Michelle Bachelet y la organizadora de la actividad, la ministra del Trabajo Jeannette Jara. Al evento, que espera convocar a cerca de 800 personas, llegarán parlamentarios oficialistas y están invitados todos los presidentes de...

August 11, 2023

NoticiasPensiones

11AugAugust 11, 2023

Report finds Canadian pension risk transfer market saw $7.8BN in transferred liabilities in 2022

Canada’s pension de-risking market saw a record-breaking year in 2022, with $7.8 billion in transferred liabilities and 155 transactions, according to a new report by Eckler Ltd. Mary Kate Archibald, pension principal at the consultancy, says the increase in the total sum for the year wasn’t a surprise due to the interest rate environment. To stave off rising inflation, the Bank of Canada has hiked interest rates 10 times in a row since March 2022. “When interest rates go up, the...

August 11, 2023

NewsCanada

11AugAugust 11, 2023

Retirement Benefits Authority orders trustees to revise Kenyatta National Hospital pension dues

The Retirement Benefits Authority (RBA) has ordered the trustees of Kenyatta National Hospital (KNH) Staff Superannuation Scheme to recalculate the pension dues of workers who retired between 2011 and 2017. In a letter to the chairman, board of trustees, the RBA ordered the trustees to recalculate the dues as per a judgment obtained by 115 former employees at the Retirement Benefits tribunal. The former employees had sued the trustees of the scheme seeking unpaid lump sum benefits amounting to Sh123 million...

August 11, 2023

NewsRetirement

August 2023