Fulfilling one of FIAP’s objectives, namely strengthening its contacts with international organizations to defend the principles and best operating practices of the second individually funded pillar, FIAP’s Board of Directors met with representatives of the Organization for Economic Co-operation and Development (OECD) on January 30, in Paris, France.

FIAP’s Board of Directors, comprising Giovanna Prialé (Vice President FIAP, Peru), Angel Martinez-Aldama (Vice President FIAP, Spain), Santiago Montenegro (Vice President FIAP, Colombia), Carlos Noriega (Vice President FIAP, Mexico) and Guillermo Arthur (President FIAP), met with Jose Angel Gurría, Secretary General of the OECD, to highlight the importance of this international organization as a point of reference in pension matters. Meetings were also held with the OECD experts Juan Yermo and Pablo Antolin.

The proposed changes for improving pensions were also discussed on this occasion, especially increasing savings by increasing the contribution rate and the retirement age.

Despite the fact that these proposals have been clearly justified, the proposed improvements have not advanced in the same direction, mainly due to populist reasoning, which may jeopardize the quality of pensions and the stability of the pension systems. This is why the OECD must continue to play a guiding role in this matter.

In the photograph, from left to right: Angel Martinez-Aldama; Carlos Noriega; Giovanna Prialé; José Angel Gurría; Guillermo Arthur; and Santiago Montenegro.

Fulfilling one of FIAP’s objectives, namely strengthening its contacts with international organizations to defend the principles and best operating practices of the second individually funded pillar, FIAP’s Board of Directors met with representatives of the Organization for Economic Co-operation and Development (OECD) on January 30, in Paris, France.

FIAP’s Board of Directors, comprising Giovanna Prialé (Vice President FIAP, Peru), Angel Martinez-Aldama (Vice President FIAP, Spain), Santiago Montenegro (Vice President FIAP, Colombia), Carlos Noriega (Vice President FIAP, Mexico) and Guillermo Arthur (President FIAP), met with Jose Angel Gurría, Secretary General of the OECD, to highlight the importance of this international organization as a point of reference in pension matters. Meetings were also held with the OECD experts Juan Yermo and Pablo Antolin.

The proposed changes for improving pensions were also discussed on this occasion, especially increasing savings by increasing the contribution rate and the retirement age.

Despite the fact that these proposals have been clearly justified, the proposed improvements have not advanced in the same direction, mainly due to populist reasoning, which may jeopardize the quality of pensions and the stability of the pension systems. This is why the OECD must continue to play a guiding role in this matter.

In the photograph, from left to right: Angel Martinez-Aldama; Carlos Noriega; Giovanna Prialé; José Angel Gurría; Guillermo Arthur; and Santiago Montenegro.