August 2024
26Aug

India approves assured pension scheme for federal government employees

The Indian government approved on Saturday a pension scheme which will guarantee federal government employees 50% of their base salary as a pension, moving away from a current scheme where the payout is linked to market returns. The Modi government has been forced to reassess the current pension system, adopted after a significant fiscal reform in 2004, as some states switched back to the older, fiscally straining system of fully funding a guaranteed pension. The Unified Pension Scheme (UPS) for India's...

August 26, 2024
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23Aug

Chile. Jara apunta a las AFP y su “crisis de legitimidad” por alza de la informalidad: “optan por no cotizar”

La ministra del Trabajo, Jeannette Jara, apuntó directamente a las AFP por la situación de informalidad laboral en Chile, la cual sigue en aumento mes con mes. Son diversas las agrupaciones que han puesto énfasis en el crecimiento de los empleos informales, y es que en su último informe el INE señaló que la tasa de ocupación informal fue del 28,2% en el trimestre abril-junio de este año, un 1,0% más a doce meses. A esto se une la baja en la cantidad de personas...

August 23, 2024
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23Aug

México. Lo detienen por defraudar con más de 4 mdp a sus víctimas con supuestos ahorros para el retiro

La Fiscalía General del Estado capturó a Gerardo R.N. por el delito de fraude y abuso de confianza, luego de que presuntamente engañará a varias victimas con supuestos ahorros para el retiro por un monto de 4 millones 300 mil pesos. A través de su Unidad de Investigación de Delitos Patrimoniales, se formuló cargos en su contra por los delitos de fraude y abuso de confianza, pues las autoridades aseguran que el imputado empleó engaños sofisticados para desapoderar a varias víctimas de sus ahorros,...

August 23, 2024
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23Aug

Colombia. Gobierno revela más detalles sobre la oportunidad de traslado en nuevo borrador de decreto

Desde que se sancionó la reforma pensional, no se ha dejado hablar de dicha Ley. En la tarde de este 22 de agosto, el Gobierno dio a conocer que abrió a comentarios de la ciudadanía el borrador de un decreto que reglamentará algunos aspectos de la reforma pensional. Hay que tener en cuenta que se trata de la publicación un borrador de Decreto que reglamenta aspectos claves de la ley 2381 (reforma pensional), por lo que este texto podría estar...

August 23, 2024
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23Aug

U.S. asset managers worried about interest rate uncertainty, cautious on AI

While worries about inflation have subsided, asset managers in the U.S. are concerned about uncertainties surrounding interest rates, capital funding and how generative artificial intelligence will play out across the industry over the long term, according to the latest “Asset Management Industry Pulse” survey from KPMG. The survey found that almost two-thirds (63%) of asset managers expect the Federal Reserve will commence cutting interest rates in the second half of 2024, while the remaining 37% think the central bank will hold...

August 23, 2024
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23Aug

South Korea. Measures to strengthen retirement security are urgently needed

Even if the national and basic pensions and personal pensions received by the elderly aged 65 or older are added together, the monthly income is only 650,000 won. Six out of 10 recipients received less than 500,000 won. Critics point out that it is nothing more than a "money pension" that is far from a practical retirement guarantee, and some point out that measures to strengthen retirement security are urgently needed. On the 22nd, the National Statistical Office released "2022...

August 23, 2024
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23Aug

Brazil’s population decline will happen sooner than predicted

The Brazilian Institute of Geography and Statistics (IBGE) has periodically published findings from the 2022 Census. The population count flagged the fast and steep aging of the Brazilian population, and new projections from the IBGE now show just how steep this process is. According to the new calculations, which factor in indicators such as fertility rate (number of births per woman), life expectancy, and migration, the Brazilian population will increase from the current 203 million inhabitants to 220 million in 2041 — when it...

August 23, 2024
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23Aug

Nigeria. Delta Pensions Board Raises Alarm Over Scammers Targeting Pensioners, Issues Warning Against Fraudulent Payment Demands

In an interview with SaharaReporters on Thursday, Ogidi-Gbegbaje revealed that numerous pensioners have reported receiving suspicious calls from individuals claiming to facilitate quick payment of their gratuities and benefits in exchange for money. Sir Edwin Ogidi-Gbegbaje, Chairman of the Delta State Bureau for Pensions, has raised concerns about a fraudulent scheme targeting pensioners in the state. In an interview with SaharaReporters on Thursday, Ogidi-Gbegbaje revealed that numerous pensioners have reported receiving suspicious calls from individuals claiming to facilitate quick payment of...

August 23, 2024
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23Aug

I’m 65 and have no pension – I’m stuck travelling the world forever

I’m officially homeless. For the first time in my life. At the age of 65. On 20 May, after putting all my worldly goods into storage, that’s what I became. By choice. Sort of. After owning property for over 30 years, both in the UK and Spain, I can no longer afford to live in the UK. I hold my hands up and admit I am responsible for the greater part of my debt. I’ve never been great with money. I...

August 23, 2024
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22Aug

Chile. Presidente Boric insiste en solidaridad en reforma de pensiones: “No es un capricho de la izquierda”

En medio de su gira por la región de La Araucanía, el presidente Gabriel Boric reiteró el llamado a involucrar la solidaridad en la nueva reforma de pensiones. En ese sentido, aseguró que la iniciativa “no es un capricho de la izquierda voluntarista”. El mandatario fue parte de la inauguración del Centro de Cuidados Comunitarios de Nueva Imperial, donde dio un discurso a quienes son parte del Sistema Nacional de Apoyos y Cuidados “Chile Cuida”. En ese contexto, sostuvo que con este centro...

August 22, 2024
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