NPF Fund Reform Could Provide Members with Pensions - Solomon Islands Broadcasting Corporation (SIBC)

The social partners have concluded substantive negotiations exactly eleven months after the government presented the starting points for the pension reform. The details of the agreement, which the social partners must confirm in their bodies, are not yet known.

In his weekly comment, the expert addressed the pension reform highlighting several advances after its promulgation, but warning about the increase of resources that private insurers will obtain in that framework. The law approved, he said, “contains some benefits for current pensioners -and futures are expected-; a social insurance fund with components [...] The post Economist Solimano points out about the security reform: “Administrators are t…

This Friday in the program of Platform, the economist, José Luis Magaña, indicates that the International Monetary Fund (IMF) with the agreement signed by this agency with the Salvadoran government, proposes that it is a “Enlarged Service Agreement”, will be with a disbursement under a schedule that will be defined according to the fulfillment of goals by the state. “El Salvador must reduce the difference between expenses and revenues, because i…

NPF Fund Reform Could Provide Members with Pensions - Solomon Islands Broadcasting Corporation (SIBC)

By Sharon Nanau  Reforming the National Provident Fund (NPF) Act would allow NPF members to receive pensions after retirement. NPF Chief Executive Officer, Mike Wate, revealed in an interview with SIBC News that the existing legislation does not provide clear provisions for pension benefits to its members. He said it is up to the government to consider including a pension clause in the legislation. “ In our current act, there’s some provision fo…

#PensionReform: 400,000 #seniors already active on a platform that appeals to the National Portal for the Silver Economy and Healthy Aging.

We are living longer and have to work longer, but the political initiatives to retain seniors in the labor market are hitting the wrong spot, warns union boss