Pensions

PSI is working towards achieving Quality Public Services and Decent Work for all workers through intervention and influencing global policies. Pension and social security is integral in the context of QPS and Decent work. We believe that all workers in all services must have access to pension schemes enabling them to retire from work and receive an income adequate for their needs.

Outcomes of PSI Steering Comittee SC-18

17 November 2014

PSI Steering Committee (SC-18) met in Geneva on 12-13 November 2014.

The agenda covered all items relating to the implementation of the Programme of Action with a special focus on the global campaigns PSI is leading on trade agreements and tax justice.

Unions Push for Tax Responsibility in Pension Funds

09 November 2014

Trade unions have unveiled a new initiative to tackle global tax evasion by integrating tax risks into responsible investment policies in pension funds worth over $20trillion where unions and their trustees are involved in fund governance. 

South Korean workers fight for the right to retire in dignity

01 November 2014

Over 120,000 South Korean workers took to the streets of Seoul, on Saturday, in a mass rally against the government's plan to reform pension schemes.

PSI ad hoc meeting on pensions

03 February 2014

PSI took advantage of the meeting of the ITUC Committee on Workers’ Capital (CWC) in Washington, DC 16 ‐ 17 October to convene a few union representatives responsible for pension fund policy in their own countries. This group included AFSCME, AFT, SEIU, CUPE, NUPGE, UNISON (Abvakabo was unable to attend the CWC at the last minute).

Investing workers' retirement funds for progressive and socially responsible purposes

08 January 2014
Pension forum participants

Public Services International (PSI) Asia Pacific region and Friedrich Ebert Stiftung (FES), Regional Cooperation office (Singapore), jointly held a Forum on Pension and Social Security for the affiliate unions on 14-15 December 2013 in Singapore.

This forum was timely and important for workers and public sectors unions to be part of the development and be involved in the pension fund governance that they can play a major role in ensuring that workers' retirement funds are invested for progressive and socially responsible purposes.

PSI stands with Detroit and public workers

29 August 2013
Background image is part of a mural by Diego Rivera called Detroit Industry, North Wall at the Detroit Institute of Arts.

Detroit is the largest city to file for bankruptcy in United States history. But it is not the only city in economic crisis, and what happens in Detroit matters—it matters to AFSCME members who have dedicated their working lives to providing quality public services to the city and community, it matters to workers and retirees across the United States and around the world, it matters to all public sector workers who we depend upon to provide quality public services to citizens around the world. Detroit matters to all of us and we stand in solidarity with the workers and retirees of the city.

Court rules in favour of AFSCME members, Detroit bankruptcy illegal

23 July 2013

Statement by AFSCME President Lee Saunders: Snyder and Orr are not above the law and cannot ignore the Michigan constitution.

Developments in pension fund investment and trade union responses

08 January 2014

Public sector pension funds are some of the largest of the capitalised funds in the world. The combined assets of these public sector funds stand at an estimated US $12 trillion. How these funds invest has a direct impact on the members of PSI affiliates and trade union members and workers in all other sectors in Asia/Pacific and across the world. This paper sets out a summary of the key developments in pension fund governance and the stewardship of the assets that are purchased, looking at the UK’s corporate governance and stewardship systems.

Presentation: National social security system in Indonesia

08 January 2014

Presentation at the PSI/FES Forum on Pensions and Social Security by Mr. Agus Toniman, Vice President KSPI, Indonesia

Presentation: Pension Program Overview (Indonesia)

08 January 2014

Presentation at the PSI/FES Forum on Pensions and Social Security by Mr Abdurahma Irsyadi, General Secretary, JAMSOSTEK Employees Union, Indonesia.

Presentation: Fiji National Provident Fund

08 January 2014

Presentation at the PSI/FES Forum on Pensions and Social Security by Rajeshwar Singh, General Secretary, Fiji Public Service Association

Presentations: Ensuring Ethical Investment and Addressing IFIs Influences

08 January 2014

Presentation at the PSI/FES Forum on Pensions and Social Security by Dr. Mario “Mayong” J. Aguja, Trustee, Govt. Service Insurance System (GSIS), Philippines Faculty, Mindanao State University.

Working for the alternative: Implementing PSI's mandate in 2013 and beyond

19 March 2013

The 2012 PSI World Congress provided a framework for Public Services International's discussions and decisions. However, it is necessary to focus priorities. This document presents a detailed implementation plan for PSI's mandate in 2013 and beyond.

PSI Congress Resolutions

12 March 2013

Resolutions adopted at the 29th World Congress of Public Services International, held in Durban, South Africa, 27-30 November 2012. The resolutions are available in English, French, Spanish, German, Swedish, Japanese and Russian.