Pension Archives - Pension Policy International

17AugAugust 17, 2023

Trabajadores desempleados usan su ahorro para el retiro; monto sin precedente

De enero a julio, la disposición de recursos de las Afore para enfrentar la falta de trabajo alcanzó su mayor nivel desde que se tiene registro. De acuerdo con la Comisión Nacional de Ahorro para el Retiro (Consar) los mexicanos que se quedaron sin empleo sacaron 14 mil 110.6 millones de pesos, 10.7% más que en el mismo periodo de 2022, cuando se retiraron 12 mil 742.2 millones de pesos. Los analistas coinciden en que los retiros por desempleo son la...

August 17, 2023

NoticiasAhorro, Pension

17AugAugust 17, 2023

Govt urged to scrap new pension rules

Thai Labour Solidarity Committee (TLSC) has called on the caretaker government to consider revising a new regulation imposing income limits on the elderly receiving monthly allowances. Signed by Interior Minister Anupong Paojinda, published in the Royal Gazette last Friday and made effective on Saturday, the regulation stipulates that only elderly people with no income or insufficient income to cover living costs are entitled to the monthly allowance from the state. However, a provisional clause in the regulation says the new criteria...

August 17, 2023

News, UncategorizedPension

17AugAugust 17, 2023

Syrian president doubles public sector wages as national currency spirals downwards

Syria’s president early Wednesday doubled public sector wages and pensions as the war-torn country’s national currency spiraled further downwards, reaching a new low for the year. President Bashar Assad issued the two decrees just before midnight Tuesday as the Syrian pound’s value against the U.S. dollar declined to a new all-time low, down from 7,000 at the beginning of 2023 to 15,000 pounds to the greenback. At the start of the conflict in 2011, the dollar was trading at 47...

August 17, 2023

NewsPension

17AugAugust 17, 2023

What is the UAE’s Golden Pension scheme?

National Bonds, the Sharia-compliant savings and investment company owned by the Investment Corporation of Dubai, offers a Golden Pension scheme to help private-sector foreign employees invest their end-of-service benefits. The pension plan is intended to help employees in the UAE bridge their retirement savings gap as well as support employers to fund their end-of-service financial commitments. In recent years, the UAE – the Arab world’s second-largest economy – has undertaken several economic, legal and social reforms to strengthen its business environment,...

August 17, 2023

NewsPension

17AugAugust 17, 2023

Charities pension funding having risen allows risk reduction

Its report: Defined Benefit pension funding in the charitable sector shows that at the same time, there’s been a 7% rise in average funding level of the DB schemes themselves, driven by positive return on pension scheme assets. While the sector continues to face challenges from rising inflation and a cost-of-living crisis, Charities need to consider how best to fund their pension schemes and take opportunities to reduce risks as they arise. The annual research, from the leading pensions and...

August 17, 2023

NewsPension

16AugAugust 16, 2023

Chile. La interrogante que busca resolver el Gobierno ¿Qué pasará con el 6% de la reforma previsional?

El 6% de la reforma previsional se trata de la parte medular de la reforma previsional del Gobierno cuyo fin es mejorar y aumentar las pensiones de miles de adultos mayores que en la actualidad no la pasan bien debido a sus bajos montos. La interrogante que busca resolver el Gobierno ¿Qué pasará con el 6% de la reforma previsional? La Comisión de Trabajo de la Comisión de Diputados sigue sesionando el proyecto en el que uno de los temas más...

August 16, 2023

NoticiasPension

16AugAugust 16, 2023

SIPEN y Asonahores se comprometen a fortalecer el turismo

Más de 20 mil millones de pesos de los fondos acumulados de los afiliados al sistema de pensiones han sido invertidos en el sector turístico La Superintendencia de Pensiones y la Asociación de Hoteles y Turismo de República Dominicana (Asonahores) colaborarán para educar en materia previsional a los talentos humanos del sector turismo. La iniciativa se llevará a cabo producto del acuerdo de colaboración interinstitucional firmado por Francisco A. Torres, superintendente de Pensiones y David Llibre de Asonahores. Más de 20 mil...

August 16, 2023

Noticias, UncategorizedPension

16AugAugust 16, 2023

Afores tardaron siete meses en revertir minusvalías del 2022

Al cierre de julio, las administradoras de fondos para el retiro (afores) obtuvieron plusvalías para los trabajadores por 255,296 millones de pesos con lo cual se confirmó que las minusvalías presentadas el año pasado han sido revertidas, de acuerdo con información de la Comisión Nacional del Sistema del Ahorro para el Retiro (Consar). Cabe recordar que en el 2022, el Sistema del Ahorro para el Retiro (SAR) sufrió minusvalías históricas por 215,477 millones de pesos consecuencia de la elevada inflación,...

August 16, 2023

NoticiasAfore, Pension

16AugAugust 16, 2023

German economist proposes formula to increase retirement age according to life expectancy

A member of the German Council of Economic Experts has proposed a formula to split additional years that a person can expect to live between working life and retirement, triggering opposing political reactions. The mechanism, devised by Veronika Grimm, automatically links a person’s retirement age to their life expectancy, meaning that people would work longer. “The formula [to link the retirement age to life expectancy] in the future could be: ’if life expectancy increases by one year, two-thirds of the year would be...

August 16, 2023

NewsGermany, Pension

16AugAugust 16, 2023

Philippines risks investment grade rating if it can’t reform military pensions – finance chief

The Philippines risks losing its investment grade rating if it fails to reform an "unsustainable" military and uniformed personnel (MUP) pension system because it will constrain its ability to cut its debt and deficit, the finance secretary said. President Ferdinand Marcos Jr has made reforming the retirement system for service personnel a priority as his government seeks to consolidate its finances and free up resources to fund much-need infrastructure. The Philippines could see its investment-grade rating, which it has held for...

August 16, 2023

NewsPension

August 2023