Welfare Reform on the Web (August 2002): Pensions - Overseas

ARGENTINA'S PENSION SYSTEM

B E Kritzer

Social Security Bulletin, vol. 64, no. 1, 2002 p. 115-117

The current Argentinian pension system has three tiers: a universal basic state pension, an earnings-related compensation benefit for service rendered before July 1994, and for the third tier, participation in either a public defined contribution plan or a private pension scheme. Article discusses the impact of the country's current economic collapse on its pension system.

FRANCE AGREES TO EU-WIDE PENSION FUNDS

G Parker

Financial Times, June 5th 2002, p. 6

Reports that France has withdrawn its opposition to new EU laws that will allow pension funds to operate across Europe. Pan-European funds will be regulated under a "light touch" regime and will face few constraints on the type of investments they make.