May 2021

Chile. Las AFP deben comunicar de aquí al jueves a Tesorería quiénes podrán recibir el bono de hasta $200 mil

Si bien la Superintendencia de Pensiones ya había enviado a las AFP el miércoles pasado un borrador de oficio para que las administradoras se preparen para el pago del bono de hasta $200 mil de cargo fiscal establecido en el proyecto que despachó el Congreso, recién el viernes por la noche el regulador les envió el oficio definitivo, que trae varios cambios respecto al original. El instructivo final detalla que las AFP deberán hacer dos archivos para enviar a la...

US. Public pensions won’t earn as much from investments in the future. Here’s why that matters

State pension systems dropped the rate of return they assume for their investment portfolios again, continuing a two-decade long trend that public-finance experts say is necessary, even as it presents some challenges for the entities that participate in such plans. The median assumed return in 2021 is 7.20%, according to a report published early in May by the National Association of State Retirement Administrators, down roughly 1 percentage point since 2000, as the investment managers charged with managing trillions of...

Chile: Piñera promulga bono de 200.000 pesos para personas sin AFP

El sueldo mínimo en Chile es de 326.500 pesos. “Nuestro propósito era no dejar a atrás a ninguna familia, a ninguna persona”, destacó el mandatario. El presidente de Chile, Sebastián Piñera, promulgó este viernes la ley que hará efectiva la entrega de un bono de 200.000 pesos a todas las personas que no tengan fondos en sus cuentas de AFP. Leer también Chile. Alejandra Cox: “Una persona que hoy día tiene 25 años, sepa que la probabilidad que pueda pensionarse a...

Average Czech pension crosses 15,000 crowns per month

The average pension for senior citizens in the Czech Republic crossed 15,000 crowns for the first time this year, reveal stats from the Czech Social Security Administration (CSSZ). The CSSZ paid out an average of 15,351 crowns monthly to retirees by the end of the first quarter. In a year-on-year comparison, CSSZ expenditures grew while the total number of allocated old-age pensions dropped, largely due to effects of the Covid-19 pandemic. Czech pensions rose in January 2021, increasing by an average...

Los chilenos queman todos sus ahorros para la vejez. Y ahora va un retiro más. Les quedará 30%

Casi 10.5 millones de chilenos han retirado en dos ocasiones el 10 por ciento de sus fondos de pensiones para enfrentar la crisis económica desatada por la pandemia y en mayo se aprestan a girar de nuevo a sabiendas de que sus futuras jubilaciones disminuirán en torno al 30 por ciento. Aunque los retiros aliviaron su situación económica momentáneamente, tres millones de personas quedaron sin fondos para jubilar y a ellos se sumarían otros dos millones tras el nuevo giro....

Perú. ¡Atención! Congreso aprueba por insistencia ley que permite retiro de hasta S/ 17,600 de la AFP

El pleno del Congreso aprobó por insistencia el dictamen que autoriza en forma extraordinaria a los afiliados de la Administradora de Fondos de Pensión (AFP) el retiro facultativo de hasta 17,600 soles (4 UIT) de sus aportes pensionarios. Leer también Perú. Retiro AFP: las propuestas sobre el acceso a los fondos de pensiones que están en debate La insistencia fue aprobada por 109 a favor, cero en contra y 3 abstenciones. Leer también Nuevo proyecto en Congreso de Perú busca retiro de...

A Third Of Seniors Seek To Work Well Past Retirement Age, Or Won’t Retire At All, Poll Finds

More Americans plan to work past the age of 70 – or never retire at all – according to a survey released Thursday by reverse mortgage lender American Advisors Group, suggesting the pandemic prompted many aging Americans to rethink their retirement strategies in order to maintain their living standards. Almost half (46%) of the more than 1,500 Americans aged 60 to 75 surveyed by AAG said they plan to work part-time after they retire from full-time work. Nearly one-fifth (18%) of...

Leveraging longevity and tackling intergenerational inequality in Japan

Japan has the world’s most aged population. As the number of elderly people increases, the benefits the government funds, such as pensions, medical care and nursing care, have been swelling. Since these benefits are mainly financed by taxes and social insurance premiums paid by the working-age population, the burden will be heavier on future generations as Japan continues to age. Leveraging longevity and tackling intergenerational inequality in Japan 6 May 2021 Author: Sumio Saruyama, JCER Japan has the world’s most aged population. As...

4.8 million South Africans have unclaimed benefits worth R42 billion

About 4.8 million South Africans have unclaimed pension benefits, according to the Financial Sector Conduct Authority (FSCA). The unclaimed pension pot is worth R42 billion. Millions of, perhaps, cash-strapped people may not know how to claim what is rightfully theirs. Africa Melane asked Kabelo van der Merwe (Project Lead of Unclaimed Benefits at Liberty) how to find out if you are one of the 4.8 million, and how to claim if you are. If you want to check if you are the beneficiary...

S&P 1500 Pension Funded Status Increased by 1 Percent in April

By Mercer The estimated aggregate funding level of pension plans sponsored by S&P 1500 companies increased by 1 percent in April 2021 to 96 percent as a result of an increase in equity markets, slightly offset by the decrease in discount rates. As of April 30, 2021, the estimated aggregate deficit of $102 billion USD decreased by $16 billion USD as compared to $118 billion USD measured at the end of March according to Mercer,[1] a global consulting leader and...