The following events stand out, compared to 2014:
1. The reduction in Costa Rica of the investment limits in Central Government and Central Bank securities, from 64% to 62.5% of the portfolio. See Table 5.1.
2. In Chile, the average annual fee as a percentage of the accumulated funds, charged by the Voluntary Pension Saving (VPS) fund managers, dropped by 33%, from 0.82% to 0.55%, in December 2015. See Table 6.1a.
3. In Colombia, the number of weeks of contributions required for accessing an old age pension in the Average Premium Plan System (the public PAYGO system) increased from 1,275 to 1,300 weeks. See Table 7.1a.

Fiap Newsletter N° 24

Download these tables here

The following events stand out, compared to 2014:
1. The reduction in Costa Rica of the investment limits in Central Government and Central Bank securities, from 64% to 62.5% of the portfolio. See Table 5.1.
2. In Chile, the average annual fee as a percentage of the accumulated funds, charged by the Voluntary Pension Saving (VPS) fund managers, dropped by 33%, from 0.82% to 0.55%, in December 2015. See Table 6.1a.
3. In Colombia, the number of weeks of contributions required for accessing an old age pension in the Average Premium Plan System (the public PAYGO system) increased from 1,275 to 1,300 weeks. See Table 7.1a.

Fiap Newsletter N° 24

Download these tables here