November 2025
28Nov

PPI Digest: Autumn Budget 2025

By Pensions Policy Institute Clearly, very difficult choices have had to be made in the Budget today. It was always unlikely that pensions would escape completely from this, even though both the Pensions Schemes Bill and the new Pensions Commission are seeking ways to increase the amount of money that future generations will have to support themselves in retirement. The introduction of a contributions cap of £2,000 on salary sacrificed pension contributions from 2029 will not affect many of those who...

November 28, 2025
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28Nov

Pensions at a Glance 2025: OECD and G20 Indicators

By Organisation for Economic Co-operation and Development The 2025 edition of Pensions at a Glance highlights the pension reforms undertaken by OECD countries over the last two years. It includes a special chapter focusing on pension differences between men and women. It shows recent and projected trends in the pensions of women relative to those of men in OECD countries, analyses the key drivers of the gender pension gap, and reviews the pension rules that directly or indirectly affect gender disparities in...

November 28, 2025
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28Nov

The Cost of Waiting for Nationality: Impact on Immigrant’s Labor Market Outcomes in Spain

By Yanina Domenella In this paper, I examine the impact of administrative delays in obtaining Spanish nationality on the long-term labor market outcomes of legal immigrants. Using Social Security data from 2006 to 2019 and an instrumental variable strategy, I find that longer delays in nationality acquisition result in significantly lower accumulated earnings over a ten-year period, driven by both lower wages and fewer days worked. Specifically, one additional year of delay reduces accumulated earnings over 10 years by 3.8...

November 28, 2025
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26Nov

Los desafíos a los que se enfrentan los fondos de pensiones en Colombia

Por Luisa Fernanda Quinchía López El panorama de la sostenibilidad a largo plazo de los fondos de pensiones en Colombia es preocupante y es necesario una reforma pensional desde hace varios años. Es así como nos planteamos como objetivo, dar una mirada y análisis de los cambios, propuestas, resultados y conversaciones que se vayan teniendo en el país respecto a los fondos de pensiones y los retos a los que se están enfrentando y cómo se deben preparar para el...

November 26, 2025
Administración de Pensiones, Libros, Libros, Reportes, , , ,
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26Nov

Envejecimiento y crecimiento económico: métricas alternativas, migraciones e innovación para una lectura transversal

Por Fernando Ariel Manzano Se analiza el impacto económico del envejecimiento desde un enfoque transversal que inte-gra mercado laboral, productividad, innovación tecnológica, sostenibilidad fiscal y migraciones. Se parte de que las métricas clásicas resultan insuficientes para captar la heterogeneidad del proceso, por lo que se incorporan medidas alternativas como edad prospectiva y años de vida restantes, con el fin de refinar la lectura económica de la longevidad. El objetivo es examinar si una mayor proporción de personas mayores puede restringir...

November 26, 2025
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26Nov

Envejecimiento poblacional mundial: debate global y análisis del caso argentino

Por Solange Castañeda & Julián Bilmes  El envejecimiento poblacional dejó de ser un fenómeno del futuro para convertirse en un desafío actual, especialmente en países desarrollados y emergentes. Mientras el Norte Global redefine sus sistemas previsionales y enfrenta protestas sociales, como en el caso de Francia, el Sur Global lidia con la imposibilidad de garantizar una vejez digna y mantener estructuras económicas sostenibles. El tema gana protagonismo en la agenda global, aludiendo a riesgos para la seguridad nacional y la...

November 26, 2025
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25Nov

Pensions: an urgent call

For most Latin Americans, the most effective way to ensure an income in old age is through pension systems. They work differently in each country, but for the average citizen they represent their main source of livelihood in the last stage of their life. However, despite their importance, most people do not know how they work, or because of their design, many of them are at risk of not being sustainable in the long term. "Saving is a very difficult thing....

November 25, 2025
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25Nov

China. Robotics eldercare expands amid aging population challenge

Artificial joints fitted closely around Zhang's legs, tiny motors humming as they learned his strides. With each step, the sensors tracked his movements and the whole frame gently pushed him forward. In a rehabilitation center in Beijing's Fengtai District, the 76-year-old, once dependent on a caregiver, lifts his feet, one after the other, walking with the help of a robotic exoskeleton. "I used to need someone by my side," he said with a grin. "With the robot training, I can walk...

November 25, 2025
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25Nov

US. Milliman analysis: Public pension funding rises in October to highest level in study history

Milliman, Inc., a premier global consulting and actuarial firm, today released the latest results of its Public Pension Funding Index (PPFI), which analyzes data from the nation’s 100 largest public defined benefit plans. For the seventh straight month, the PPFI funded ratio improved in October, rising from 85.4% as of September 30 to 86.3% as of October 31, surpassing the previous high-water mark of 85.5% set at the end of 2021. Another month of strong investment returns—estimated at 1.0% in...

November 25, 2025
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25Nov

UK. People’s Pension reduces government bond exposure over volatility concerns

The People’s Pension has overhauled the £6bn pre-retirement section of its default fund, cutting cash and sovereign bond exposure in favour of a global portfolio of short-dated corporate bonds. The £35bn master trust said the changes were intended to “deliver better long-term outcomes” for older savers while continuing to manage drawdown risk. It said recent fiscal concerns had driven heightened volatility in government bond markets, reducing the appeal of sovereign debt on a risk-adjusted basis. UK and US government bonds have experienced...

November 25, 2025
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