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
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
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
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
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
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
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
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
Jakarta, CNBC Indonesia – National pension fund South Korea (ROK) predicted to run out in 2055, earlier than expected. Pension funds are dwindling faster due to a shrinking population amid low economic growth. This can be seen from a report made every five years by the government panel tasked with estimating pension funds. They say … Read more