News Archives - Page 14 of 964 - Pension Policy International

29JunJune 29, 2026

South Korean Lawmaker Proposes Counting Crypto, Overseas Assets in Basic Pension Eligibility

A bill has been proposed in South Korea to include virtual assets, or cryptocurrencies, and overseas financial assets in property assessments used to determine eligibility for the basic pension. Pinpoint News reported on June 29 that Rep. Seo Young-seok of the Democratic Party, a member of the National Assembly’s Health and Welfare Committee, introduced an amendment to the Basic Pension Act. The bill would add cryptocurrencies and overseas financial assets above a set threshold to the assets used in calculating...

June 29, 2026

NewsCryptocurrencies, Investment, South Korea

29JunJune 29, 2026

Nigeria. PenCom’s pension expansion drive targets nine million transport workers

The National Pension Commission (PenCom) has rolled out a fresh drive to extend pension coverage to about nine million transport workers under the Personal Pension Plan (PPP). The plan is expected to deepen financial inclusion and expand social security for the informal sector operators. The initiative, being developed in partnership with the National Union of Road Transport Workers (NURTW), is expected to increase retirement savings among workers in one of Nigeria’s largest informal-sector groups while creating a framework for structured financing of mass-transit vehicles...

June 29, 2026

NewsCoverage, Nigeria

29JunJune 29, 2026

US. State ponders commission as step to solving direct care worker shortage

Ohio lawmakers are eyeing a statewide approach to strengthening the direct care workforce as the state’s older adult population grows and the demand for aging services increases. Sponsored by state Reps. Darnell Brewer (D-Cleveland) and Jodi Salvo (R-Bolivar), HB 530 would establish a commission tasked with examining Ohio’s direct care workforce shortage and recommending solutions to lawmakers. Specifically, the bill would establish the Long-Term Care Workforce Study Commission to examine: Current and future demand for direct care workers Statewide recruitment campaigns Career ladders...

June 29, 2026

NewsAging, US

29JunJune 29, 2026

Brussels forces open Dutch pensions fortress – but will anyone enter?

The European Commission has persuaded the Netherlands to dismantle a long-standing barrier in one of Europe’s largest pension markets. In theory, the move could open access to more than €1.3 trillion in retirement assets. Yet in practice, the impact of this apparent victory for the EU single market may be very limited. In late May, Dutch Social Affairs Minister Hans Vijlbrief told parliament that the government would change pension legislation after the Commission concluded that current rules unfairly restrict EU...

June 29, 2026

NewsCoverage, EU, Pension design

26JunJune 26, 2026

UK. Health improvements could affect DB liabilities, trustees advised

The majority of defined benefit (DB) pension scheme trustees have not yet been able to factor in how breakthrough health treatments could affect liabilities, despite their potential to reshape future mortality trends, according to Standard Life. The insurer’s analysis, published this week, found 88% of DB trustees have not yet assessed the impact of this uncertainty on scheme liabilities. With 75% of DB schemes in surplus on a low-dependence basis, these positions may come under pressure if mortality improves faster than...

June 26, 2026

NewsDefined Benefit, Longevity, UK

26JunJune 26, 2026

US. More States Now Have More Seniors Than Children

Catron County, New Mexico, may be seeing the future of an aging population today. It has beautiful landscapes that draw retirees who fall in love with the area and want to stay among soaring rock formations and bright stars in dark skies. But it’s a tough place to get even minimal medical care. And employees are hard to find, with few young people to hire and support the tax base. It’s a microcosm of the national trend: By 2034 the whole...

June 26, 2026

NewsAging, US

26JunJune 26, 2026

Rethinking progress: UN expert calls to fight poverty beyond growth and expand social protection

There must be a fundamental shift in global anti-poverty strategies, moving beyond the notion that economic “growth” is the only path to eradicating poverty, the Special Rapporteur on extreme poverty and human rights, Elena Díaz Galán said today, presenting the Roadmap for Eradicating Poverty Beyond Growth to the Human Rights Council. “What matters to people living in poverty is not abstract economic expansion, but real improvements in living conditions. Poverty is multidimensional and lived; it cannot be reduced to income, or solved...

June 26, 2026

NewsSocial Protection

25JunJune 25, 2026

Pension funds and insurers manage $100 trillion dollars — can they use it to help solve global problems?

Over the past century, finance has become increasingly disconnected from the physical world it depends on. Every day, trillions of dollars move through financial markets as stocks, bonds and derivatives. Much of that money never reaches the businesses, infrastructure and systems that power the real economy. The scale of this shift is striking. In 2024, around $149 trillion worth of shares were traded on global stock markets. Yet, companies raised only $741 billion in new capital through those same markets. So, for...

June 25, 2026

NewsInvestment, Pension Management

25JunJune 25, 2026

German reforms could see €400bn private pension boost

Germany’s reform of its public and occupational pension system could see more than €400bn flow into the scheme over the next decade, following recommendations made in a report published on Tuesday by the country’s pension commission. In an 80-page submission, the commission – Alterssicherungskommission – made 33 recommendations to the government as to how to reform the country’s public and occupational pensions. If fully implemented, IPE analysis suggests the reforms could see capital inflows of more than €400bn across the pillars...

June 25, 2026

NewsGermany, Pension Reform

25JunJune 25, 2026

AI in pensions raises governance challenge for trustees: Cartwright

Artificial intelligence used across pension schemes is creating a governance challenge rather than a new regulatory risk, according to Cartwright Pension Trusts. Cartwright said trustees should focus on oversight, accountability and existing governance frameworks as AI becomes more widely used across scheme operations. It said trustees remain responsible for decisions and member outcomes, whether services are delivered by people or AI tools and should incorporate AI considerations into existing governance, risk management, supplier oversight and information security frameworks. According to Cartwright,...

June 25, 2026

NewsAI, Pension Management, Technology

June 2026