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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.

Over 2,000 signatures to halt declining working conditions and pensions at Geneva hospitals

06 December 2018

More than 2,000 employees from the Geneva university hospitals (HUG) in Switzerland have signed a petition asking for dramatic changes to their working conditions and pension fund allowances. Keen to provide quality public services, they denounce the declining work conditions that they face daily, and which prevent them from providing the services required.

ILO study reveals bankruptcy of pensions privatisation

07 November 2018
Photo: PSI/Shutterstock.com

A new publication by the ILO confirms PSI’s long-held position: the privatisation of public pension systems has delivered vast returns to a tiny financial elite while diminishing the incomes of workers in retirement.

Brazilian government wants Google's help to approve the pension reform

19 January 2018

According to a story published in the newspaper "O Globo", the website would conduct searches for the subject to official government content. The possible association receives criticism for trying to manipulate the population, using personal data of the Internet user and for violating the right of access to information and freedom of expression.

Civil society groups reclaim policies for the public

07 July 2017

Launching on the opening day of the High Level Political Forum at the United Nations in New York this new global report assesses how privatization and corporate capture have become obstacles to progress under the 2030 Agenda.

Motion of support from PSI's Executive Board to the general strike in Brazil called on 28 April

24 April 2017

The Executive Board of PSI expresses its support for the general strike in Brazil called by the trade union centres on 28th April. In response to the attacks on democracy and trade union and labour rights by the illegitimate government of Michel Temer, a general strike clearly shows strong opposition from the working class to the backward steps taken by the government.

Brazil: Thousands take to the streets in preparation for the general strike

10 April 2017

Two weeks after massive marches on 15 March in protest against measures introduced by President Temer’s government, on 31 March workers all over the country came together again. The protests were seen as a precursor to the all-out strike planned for 28 April.

Unions reject US bill that seeks to impose Fiscal Oversight Board to Puerto Rico

23 May 2016

In a letter to US congressmen, trade unions complain that the proposal "provides no economic stimulus, and in fact takes money out of the economy by reducing the minimum wage and overtime protections".

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.

Reports from pension fund meetings, September 2015

28 October 2015
Hands holding coins and two leaves

A number of PSI affiliates are concerned about pension fund investments in privatization, a process that is likely to increase under pressure from the G-20 and the OECD. These two documents describe the on-going work related to investment practices and policies of capitalized pension funds.

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.

Presentation: Australian unions and superannuation

08 January 2014

Presentation at the PSI/FES Forum on Pensions and Social Security by Anna Claude, Director, Campaign Strategy, NSW Nurses and Midwives’ Association, Australia

Presentation: Public Sector Pensions An Overview

08 January 2014

Presentation at the PSI/FES Forum on Pensions and Social Security by Hazel Bateman, Centre for Pensions and Superannuation Australian School of Business, UNSW.

Presentation: Strengthening Pension Safety Nets

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.

Presentation: Social Security in India - Looking beyond Employment

08 January 2014

Presentation at the PSI/FES Forum on Pension and Social Security by Mr R. Srinivasan, General Secretary, Indian National Defense Workers' Federation.

Presentation: Worker's Capital and Economic Organising

08 January 2014

Presentation at the PSI/FES Forum on Pensions and Social Security by Colin Meech, UNISON, UK.

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.

Resolution 30: Pensions act to preserve, consolidate and improve our collective social protection systems

30 November 2012

The 29th World Congress of Public Services International (PSI),

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).

Forum on Pension and Social Security

15 December 2013

Unions are increasingly aware that the pension fund investments are unethically made to promote privateers and multinational companies rather than provisioning for the public services and developmental activities.

Photos: PSI/FES Forum on Pension and Social Security

08 January 2014

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.