November 2023
29Nov

Informe de Género sobre el Sistema de Pensiones y Seguro de Cesantía 2022

Por Superintendencia de Pensiones Este informe presenta un análisis descriptivo de la situación de hombres y mujeres en el sistema de pensiones y el seguro de cesantía, a partir de estadísticas desagregadas por sexo y de indicadores que permiten visualizar las diferencias y desigualdades de género, según distintas variables. Esta quinta versión del informe está elaborada con información a junio de 2022 e incluye un análisis con perspectiva de género de los tres retiros del 10% de los fondos previsionales...

November 29, 2023
Libros, Libros, Mercado Laboral, Mercado Laboral, Reportes, , , ,
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29Nov

La región envejece rápido; ¿está preparada LatAm para ese reto demográfico?

Por Sebastián Osorio Idárraga La población esta envejeciendo. Es una frase recurrente y común de escuchar, especialmente en los ambientes de trabajo, que reflejan que faltan personas en la fuerza laboral para cumplir con las demandas en diferentes sectores económicos, como sucede en Estados Unidos, de acuerdo con el Banco de la Reserva Federal de Nueva York. Y América Latina y el Caribe no es ajena a esta frase y a este fenómeno de envejecimiento. La Comisión Económica para América Latina...

November 29, 2023
Artículos, Envejecimiento, Envejecimiento, , ,
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29Nov

Las pensiones universales y las pugnas dentro del federalismo mexicano

Por Anahely Medrano Buenrostro En los albores del actual milenio, el enfoque neoliberal en política social federal, particularmente en lo referente a asistencia social y pensiones, era claro y dominante en México. El programa social más emblemático de ese paradigma son las transferencias monetarias condicionadas (TMC) focalizadas en la población extremadamente pobre. Hay muchas versiones de este tipo de programas. El mexicano (inicialmente llamado Progresa) operó entre 1997 y 2018, y fue ampliamente reconocido mundialmente. Este programa se caracterizó por...

November 29, 2023
Artículos, Caracterización del Sistema, Sostenibilidad del Sistema, Sostenibilidad del Sistema, , ,
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24Nov

Social Panorama of Latin America and the Caribbean 2022: Transforming education as a basis for sustainable development

By ECLAC Social Panorama of Latin America and the Caribbean, 2022 has four chapters. Chapter I presents the relevant macroeconomic background in terms of the evolution of per capita GDP, employment, household income distribution and the consumer price index, and looks at how income inequality and poverty have changed over the past two decades (2002–2021). The chapter also discusses changes that occurred in social stratification during the pandemic. Chapter II addresses the worrying silent crisis of education as another of the...

November 24, 2023
Books, Books, Reports, System Characterization, , , , ,
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24Nov

Retirement Planning: The Volatility-Adjusted Coverage Ratio

By Javier Estrada  The important decisions that retirees have to make to try to achieve their financial goals during retirement often stem from models used by financial planners. Despite the important role it plays in many of those models, the failure rate has several limitations and many alternatives have been proposed. This article introduces a new metric, the volatility-adjusted coverage ratio, which incorporates the benefit (the coverage ratio) and the cost (the volatility of the portfolio) of the strategies considered....

November 24, 2023
Articles, Pension design, ,
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24Nov

ESG and Public Pension Investing in 2023: A Year-To-Date Recap and Analysis

By Joshua Lichtenstein, Michael Littenberg & Reagan Haas Since 2021, Ropes & Gray has been actively tracking the various approaches states have taken on how or whether environmental, social and governance (ESG) factors should be applied to the investment decisions for public retirement systems. States have used legislative, administrative and enforcement mechanisms to address this area, which has been complemented by Congressional Republicans’ various attempts to shine a spotlight on ESG in recent months. Judging by the significant uptick in...

November 24, 2023
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21Nov

Pension Reforms, Longer Working Horizons and Absence from Work

By Giorgio Brunello, Maria De Paola & Lorenzo Rocco Using matched employer-employee data for Italy and newly available information on sick leaves certificates, we study the effect of an exogenous increase in the length of the residual work horizon – triggered by a pension reform that increased minimum retirement age - on middle-aged employees' absence from work due to sick leaves. We find that this effect is positive for females and negative for males. After excluding health as a plausible...

November 21, 2023
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21Nov

What do we know about China’s new financial watchdog?

China's Central Financial Commission (CFC), a new regulator with Premier Li Qiang as its head, held a meeting on Monday (Nov 20) and urged stronger supervision of risks in the financial sector as Beijing accelerates efforts to become a "major financial power". The setting up of the CFC underscores how the ruling Chinese Communist Party is tightening grip on the country's $61 trillion financial sector amid a destabilising property and local government debt crisis that has weighed on the economic...

November 21, 2023
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17Nov

The National Landscape of State Retirement Benefits

By Jonathan Moody & Anthony Randazzo   Retirement security is ultimately about retirement income. Families and individuals want to know that during their retirement years they will have enough weekly, monthly, or annual income to live comfortably and meet their basic needs. Of course, many people aspire to more than just the basics. Ask even a handful of individuals about how they want to live in retirement, and you’ll hear a wide range of preferences. Expenses can vary from family-to-family, too,...

November 17, 2023
Books, Books, Reports, System Characterization, , ,
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17Nov

Social Security Programs and Retirement around the World

By Axel Börsch-Supan & Courtney C. Coile This ninth phase of the International Social Security project, which studies the experiences of twelve developed countries, examines the effects of public pension reform on employment at older ages. In the past two decades, men’s labor force participation at older ages has increased, reversing a long-term pattern of decline; participation rates for older women have increased dramatically as well. While better health, more education, and changes in labor-supply behavior of married couples may...

November 17, 2023
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