Pension Fund opinion published to avoid new ‘error’

Pension Fund opinion published to avoid new ‘error’

The Chamber of Deputies published this Friday in the Parliamentary Gazette the opinion for the creation of the Pension Fund for Wellbeing, which will be discussed in the Plenary next Monday the 21st at 1:00 p.m. In this way, the San Lázaro Social Security Commission reinstated the procedure that was challenged by opposition legislators last … Read more

Salinas Pliego assures that his Afore has delivered inactive funds to the IMSS

Salinas Pliego assures that his Afore has delivered inactive funds to the IMSS

Mexico City. The retirement fund manager (Afore) Azteca has transferred all the resources requested by the Mexican Social Security Institute (IMSS), said businessman Ricardo Salinas Pliego, president of Grupo Salinas, controller of that Afore. In the morning press conference, President Andrés Manuel López Obrador assured that the Salinas Group – also owner of TV Azteca … Read more

Afore returns to the IMSS only 946 million pesos of 41 billion

Afore returns to the IMSS only 946 million pesos of 41 billion

Mexico City. The director of the National Commission of the Retirement Savings System (Consar), Julio César Cervantes, maintained that until 2020 – when the reform was carried out to regulate the collection of Afore commissions – the profitability of these administrators was double that of the commercial banks, because they charged twice the average in … Read more

Pension fund seeks to dignify retirements: Segob

Pension fund seeks to dignify retirements: Segob

The Ministry of the Interior urged citizens “not to be fooled by the black campaign against the pension law.” He stressed that no one can touch the resources of active workers and, furthermore, this right is imprescriptible. Currently, the law requires Afores to transfer resources from savings accounts to the IMSS, however – he stressed … Read more

Ukrainian Pensioners Warned: Inform Pension Fund About Work to Avoid Withheld Funds

Ukrainian Pensioners Warned: Inform Pension Fund About Work to Avoid Withheld Funds

It is no secret that it is very difficult to live on retirement in Ukraine, which is why some Ukrainians of retirement age continue to work after retirement. This may be one of the reasons for withholding part of the pension. To avoid such a situation, those who receive pension payments from the state and … Read more

Minister of BUMN Reports Seven Problematic Dapen Pension Funds to Attorney General’s Office

Minister of BUMN Reports Seven Problematic Dapen Pension Funds to Attorney General’s Office

Jakarta – Deputy Minister of BUMN, Kartika Wirjoatmodjo, said there were an additional seven problematic BUMN pension funds (dapen). The Dapen will be reported to the Attorney General’s Office. Now his party is currently studying these seven dapen by the BUMN internal team. It is known that the Ministry of BUMN is collaborating with the … Read more

“Why Most Indonesians Are Not Ready to Retire: Insights from IFG Main Director”

“Why Most Indonesians Are Not Ready to Retire: Insights from IFG Main Director”

Jakarta – Main Director of Indonesia Financial Group (IFG), Hexana Tri Sasongko said, most Indonesians are not ready to retire. Whereas in developed countries, when the retirement age is raised there will be demonstrations. According to him, this cannot be separated from the small pension fund contributions. He thinks pension funds will provide benefits when … Read more

A data breach affected 95,000 individuals who were members of the PME pension fund.

A data breach affected 95,000 individuals who were members of the PME pension fund.

ANP NOS News•today, 4:02 PM 95,000 participants of the PME pension fund have also fallen victim to the major data breach among market researchers. Some of them also contain information about their monthly salary. According to PME, specific income data has been leaked that can be used to calculate how high the pension accrual should … Read more

Turning Erick’s Brain to Fix BUMN Pension Funds which are Minus IDR 10 T

Turning Erick’s Brain to Fix BUMN Pension Funds which are Minus IDR 10 T

CNN Indonesia Friday, 17 Feb 2023 18:00 WIB 1. Turning Erick’s Brain to Fix BUMN Pension Funds which are Minus IDR 10 T 2. Strict supervision is needed from the BUMN minister to the OJK A number of SOEs are following Erick Thohir’s direction regarding due diligence on pension fund management because 65 percent of … Read more

SOE Pension Fund Minus Nearly IDR 10 T, Erick Worried about a Time Bomb

SOE Pension Fund Minus Nearly IDR 10 T, Erick Worried about a Time Bomb

CNN Indonesia Monday, 13 Feb 2023 18:40 WIB SOE Minister Erick Thohir is worried about the time bomb from the management of state-owned company pension funds which recorded minus IDR 9.8 trillion as of 2021. (BETWEEN PHOTOS/Dhemas Reviyanto). Jakarta, CNNIndonesia — Minister of BUMN Erick Thohir worrying about the time bomb of management pension fund … Read more