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31 January, 2016

FIAP member countries accumulate funds amounting to 658.185 million dollars

To June 2007, the member countries of the International Federation of Pension Fund Administrators (FIAP) had 117.970.770 members, an increase of 0,35% with respect to March 2007, accumulating managed funds for US$ 658.185 million.

As can be seen from the FIAP Quarterly Statistical Report N° 31, there are 75.038.656 member workers in Latin America countries with mandatory pension systems. Of these, Mexico has the largest percentage with 49,99% of members, followed by Argentina and Chile with 15,55% and 10,46%, respectively.

In those Latin America countries with voluntary pension systems, the member number is 1.985.667.

In the European and Asian countries with mandatory pension systems, there are 30.765.384 members, with Poland having the largest percentage at 41,34%, followed by Kazakhstan with 28,93% of the area members.

In the European countries with voluntary pension systems, there are 10.181.063 members.

Managed Funds

To June 2007, the managed funds in Latin America countries with mandatory pension systems amounted 267.823 million dollars, with Chile being the country accumulating the greater part of such funds (37,56%). Whereas, in voluntary pension systems, the accumulated funds amounted to 203.230 million dollars.

The managed funds by mandatory pension systems in European and Asian countries amounted to 74.367 million dollars.

In European countries with voluntary pension systems, managed funds amounted to US$ 112.764.

To see the Quarterly Statistical Report N° 31, see this link.

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