Costa Rica pension regulator proposes age-based split of ROP fund

Costa Rica's pension regulator SUPEN proposes dividing the mandatory complementary pension fund (ROP) into two sub-funds by age cohort, aiming to tailor investment strategies. An economist warns of elevated risk for both groups and suggests cutting administrative fees for the older, lower-return fund to a third of current levels. The proposal is under review; its approval would reshape retirement savings for public and private workers.