editor, Author at Pension Policy International

02JunJune 2, 2023

Ghana unions request time to mull $2.7 billion pension fund restructuring offer

Ghanaian labour unions have asked the government for time to assess a proposal presented on Thursday to restructure pension funds worth around 30 billion Ghanaian cedis ($2.7 billion). The West African nation is looking to extend the maturity periods of cedi currency bonds that the pension funds hold in exchange for higher interest payments as part of efforts to save billions in near-term debt payments under a loan deal from the International Monetary Fund. Abraham Koomson, leader of the federation of...

June 2, 2023

NewsGhana, Pension Payout

02JunJune 2, 2023

Robust Retirement Tiers Can Help Keep Participants In-Plan

Workplace retirement plans may need to change their name—these days, more plan sponsors are looking for ways to serve their former employees even after they’ve quit working. Research released by Cerulli Associates last month showed that more than half of plan sponsors (54%) would prefer to keep their retired participants’ assets in their plan, rather than seeing them rolled into an individual retirement account or other plan. That’s more than double the 26% who said the same in 2019. But plan...

June 2, 2023

NewsPension design, Pension Management

01JunJune 1, 2023

México. La Consar quita los candados: ya podrás cambiarte de Afore

El bloqueo se levantó desde el lunes pasado y aplica para las solicitudes que se hicieron desde el 17 de diciembre pasado. El objetivo de bloquear los traspasos se dio en el contexto de las minusvalías de las Afores, cuando Iván Pliego era el titular de la dependencia. Los traspasos se habían bloqueado para evitar que las minusvalías que se registraron en meses pasados, afectara el ahorro de los trabajadores. Entre enero y abril de este año, se hicieron 22,982 solicitudes...

June 1, 2023

NoticiasMexico, Regulación, Traspasos

01JunJune 1, 2023

Chile. Sexto retiro: confirman fecha de votación de la iniciativa

Este martes los proyectos fundidos por el sexto retiro de fondos previsionales de las AFP cumplió un nuevo hito en su tramitación. De esa manera, la iniciativa quedó en pie de ser votada por los diputados y diputadas de la Comisión de Constitución. Justamente, ya fue fijada la fecha para esa votación. Recordemos que la Comisión de Constitución está analizando el proyecto del sexto retiro en bases a la fusión que se hizo de 10 proyectos distintos que proponen: desde...

June 1, 2023

Noticias, UncategorizedChile, Retiro de Fondos

01JunJune 1, 2023

Panamá. Sistema de pensiones; una bomba de tiempo

La actual crisis del sistema del subsistema exclusivamente de beneficio de pensiones, cuyas reservas se acabarán el próximo año, plantea el enorme reto de implementar una reforma de la que el Gobierno se desentiende, mientras que el sector privado y los trabajadores sindicalizados tienen posturas totalmente opuestas, lo que ralentiza aún más la discusión y toma de decisiones. Con más de 2,000 millones de dólares que se deben pagar al año a los actuales jubilados y la falta de fondos...

June 1, 2023

NoticiasPanamá, Reforma de Pensiones, Sostenibilidad

01JunJune 1, 2023

US. Closing the retirement savings gap: Employer offerings vs. workers’ needs

Employees working for larger companies may have several advantages when it comes to saving for retirement, as larger companies tend to provide more robust retirement benefit offerings than small companies. However, experts hope provisions of SECURE Act 2.0 will help level the playing field among companies of all sizes. According to a new study, Stepping into the Future: Employers, Workers, and the Multigenerational Workforce, by nonprofit Transamerica Institute and its Transamerica Center for Retirement Studies, total household retirement savings is...

June 1, 2023

Newssavings, US

01JunJune 1, 2023

Canadian pension fund CDPQ puts brakes on China investment – FT

Canada's second-largest pension fund Caisse de dépôt et placement du Québec (CDPQ) has stopped making private deals in China and will close its Shanghai office later this year, the Financial Times reported on Thursday, citing people familiar with the matter. CDPQ is currently leading its regional investment efforts from Singapore, the report said, adding that it still has business interests in China. "We paused private investments for some time already — and have focused on liquid markets, which is the majority...

June 1, 2023

NewsCanada, China, Investment, Pension Management

01JunJune 1, 2023

Uganda’s pension sector witnesses impressive growth in assets and benefit payments

In the wake of Covid-19 lockdown measures and with rising demand for short-term access to pension money, growth in assets, investment portfolios, and benefit payments defined the health of Uganda's pension market. The total assets of the sector climbed from Ush17.8 trillion ($4.8 billion) in 2020–2021 to Ush19.9 trillion ($5.2 billion) in 2021–2022 according to the most recent statistics provided by the Uganda Retirement Benefits Regulatory Authority. Private fund managers controlled assets worth less than Ush3 trillion ($801 million), while the...

June 1, 2023

NewsPension Payout, savings, Uganda

01JunJune 1, 2023

Global fertility has collapsed, with profound economic consequences

In the roughly 250 years since the Industrial Revolution the world’s population, like its wealth, has exploded. Before the end of this century, however, the number of people on the planet could shrink for the first time since the Black Death. The root cause is not a surge in deaths, but a slump in births. Across much of the world the fertility rate, the average number of births per woman, is collapsing. Although the trend may be familiar, its...

June 1, 2023

NewsAging, Political economy

31MayMay 31, 2023

México. 58,018 trabajadores se pensionan mediante Afores tras reformas al IMSS y el SAT

Tras las reformas al Instituto Mexicano del Seguro Social (IMSS) y al Sistema de Ahorro para el Retiro (SAR), que entraron en vigor en 2021, se han pensionado 58,018 trabajadores a través de las administradoras de fondos para el retiro (Afores), de acuerdo con la Comisión Nacional del Sistema de Ahorro para el Retiro (Consar). En el informe correspondiente al primer trimestre del año, el regulador detalló que el 93.5% de los trabajadores beneficiados, equivalente a 54,240 personas, contaban con...

May 31, 2023

NoticiasCobertura, Mexico, Reforma de Pensiones, Suficiencia

June 2023

Ghana unions request time to mull $2.7 billion pension fund restructuring offer

Robust Retirement Tiers Can Help Keep Participants In-Plan

México. La Consar quita los candados: ya podrás cambiarte de Afore

Chile. Sexto retiro: confirman fecha de votación de la iniciativa

Panamá. Sistema de pensiones; una bomba de tiempo

US. Closing the retirement savings gap: Employer offerings vs. workers’ needs

Canadian pension fund CDPQ puts brakes on China investment – FT

Uganda’s pension sector witnesses impressive growth in assets and benefit payments

Global fertility has collapsed, with profound economic consequences

May 2023

México. 58,018 trabajadores se pensionan mediante Afores tras reformas al IMSS y el SAT