January 2025

More Nigerians transfer pension savings into mortgage

More Nigerians  are relying on their pension savings to acquire residential mortgage as the number of Retirement Savings Account, RSA, holders that transferred part of their pension savings into residential mortgage increased by 65.03 per cent quarter on quarter, QoQ, to 3,804 in the third quarter of 2024, Q3’24 This form of transfers recorded 2,305 in the second quarter of 2024, Q2’24. According to the Pension Industry Performance Dashboard released by the National Pension Commission, PenCom, yesterday, the value of funds transferred in...

Perspectivas Sociales y del Empleo en el Mundo: Tendencias 2025

Por Organización Internacional del Trabajo El empleo mundial en 2024 creció en paralelo a la población activa, lo que mantuvo la tasa de desempleo mundial en el 5 por ciento, un nivel similar al de 2023. No obstante, el ritmo de crecimiento del empleo fue todavía demasiado débil para lograr una reducción sustancial de los déficits de trabajo decente que persisten en todo el mundo. Los jóvenes, en particular, soportan tasas de desempleo mucho más elevadas, cercanas al 12,6 por...

UK. Pension industry backs Reeves’ £160bn corporate pension release

The pensions industry has said it is willing to back the Chancellor Rachel Reeves’ plans to unlock up to £160bn in corporate surpluses if retirees are given “appropriate protection” by the government. Reeves and the Prime Minister Keir Starmer are set to meet with business leaders in the City of London today to outline pension reforms aimed at driving economic growth. Under the changes, trapped surplus funds in so-called final salary pension schemes will be freed up for investment, while trustees will be given more...

Dutch Pension Fund Seeks Divestment from BlackRock

A Dutch pension fund is considering cutting ties with BlackRock because of the manager’s departure from the Net-Zero Asset Managers Initiative. PME Pensioenfonds, a pension fund for the metals and technology industry which has more than 620,000 participants, said it was reconsidering the future of its 5 billion euros invested with the manager, according to a memo seen by CIO. The pension fund is among the largest in the Netherlands, with more than 280 billion euros ($294.17 billion) in assets under...

Trump’s DEI pushback targets universities, foundations and other institutional investors

The Trump administration’s pushback against diversity, equity and inclusion is now targeting universities, foundations and public companies — a new development in the movement to dismantle DEI. President Donald Trump signed an executive order on Jan. 21 in which he calls for “Encouraging the Private Sector to End Illegal DEI Discrimination and Preferences.” That order mandates federal agencies determine which universities, foundations and corporations should be investigated for their DEI policies, among other things. Specifically, the order directs each agency to identify up...

Russia Announces Major Pension Indexation Updates

Russian President Vladimir Putin recently announced significant updates to the pension indexation system, which will take effect from January 2025. These changes aim to adjust pension payments based on actual inflation rates, enhancing the financial support available to millions of retirees across the country. Starting January, the insurance pensions for both working and non-working pensioners were initially indexed by 7.3%. Recognizing the necessity for more substantial support amid rising inflation, Putin proposed to retroactively increase the indexation to 9.5% effective...

Challenges Related to Aging Population

By Drishti The Vision Foundation The Supreme Court of India refused to entertain a writ petition that sought the establishment of a dedicated Ministry for senior citizens. The writ petition referred to senior citizens (population ageing) as a vulnerable class that deserves special attention under Article 21 of the Constitution, which ensures the right to a dignified life. Source Drishtiias

Perú. Oficializan el reajuste de pensiones para la PNP y las Fuerzas Armadas: conoce los nuevos montos

El Poder Ejecutivo oficializó el reajuste de las pensiones para los integrantes retirados de las Fuerzas Armadas y la Policía Nacional del Perú (PNP), de acuerdo al Decreto Supremo N.º 004-2025-EF que publicado el pasado domingo 19 de enero en las normales legales del diario El Peruano. Vigilante de Machu Picchu es sentenciado a cinco años de prisión por permitir ingreso ilegal a turista Este reajuste, que beneficiará tanto a los pensionistas regidos por el Decreto Ley N.º 19846 como a...

México. Modalidad 40 del IMSS para 2025: nuevas reglas para aumentar las pensiones

La Modalidad 40 del Instituto Mexicano del Seguro Social (IMSS) es una herramienta crucial para quienes buscan aumentar su pensión bajo el esquema de la Ley del Seguro Social de 1973 —uno de los dos regímenes de jubilación que existen en el país—. Para este 2025 el instituto ha implementado cambios significativos que afectan a las personas trabajadoras que están interesadas en este esquema. El tema de las pensiones ha sido un eje central en la agenda del expresidente Andrés Manuel López...

Chile. Consejo Fiscal Autónomo (CFA) realizó observaciones a reforma de pensiones

El Consejo Fiscal Autónomo presentó el análisis de la Reforma de Pensiones ante la Comisión de Hacienda del Senado, en el marco del trámite del proyecto que crea un nuevo Sistema Mixto de Pensiones y un Seguro Social en el pilar contributivo, mejora la Pensión Garantizada Universal y establece beneficios y modificaciones regulatorias. Siga en vivo la Comisión de Hacienda. En su exposición, el presidente de CFA, Jorge Rodríguez Cabello abordó 11 áreas de riesgo fiscal que identificó junto con proponer medidas...