The Second-Generation Pension Reforms in Latin America

More than a decade after Chile moved from a public pay-as-you-go to a private funded pension system, seven more countries in Latin America have reformed their pension systems. This study provides a detailed description of all second-generation pension reforms in Latin America to date, evaluates the...

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Bibliographic Details
Main Author: Queisser, Monika (-)
Corporate Authors: Organisation for Economic Co-operation and Development : Development Centre Content Provider (content provider), OECD Development Centre (-)
Format: eBook
Language:Inglés
Published: Paris : OECD Publishing 1998.
Series:Development Centre Studies,
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009704968306719
Description
Summary:More than a decade after Chile moved from a public pay-as-you-go to a private funded pension system, seven more countries in Latin America have reformed their pension systems. This study provides a detailed description of all second-generation pension reforms in Latin America to date, evaluates the first years of operations of the new systems and outlines the problems and challenges which the systems are still facing. The basic common feature of the "second generation" pension reforms in Latin America is a greater role for funded, privately managed pensions. A move towards more funding is currently also discussed in many OECD countries as one possibility to confront the effects of ageing populations on pay-as-you-go pension systems. Thus, the Latin American reform experience is interesting not only for other developing countries about to embark on pension reform but also for policymakers and pension experts in OECD countries and transition economies.
Item Description:Bibliographic Level Mode of Issuance: Monograph
Physical Description:1 online resource (144 pages)
ISBN:9789264163614
9786610030392