Keeping the Promise of Old Age Income Security in Latin America
Many Latin American governments have radically restructured their old age income security systems, starting with Chile's 1981 pension reform. The reforms move national pension system from purely social to largely individual responsibility; fro...
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World Bank, Washington, DC
2012
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Online Access: | http://documents.worldbank.org/curated/en/2004/09/5436307/keeping-promise-old-age-income-security-latin-america http://hdl.handle.net/10986/10349 |
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okr-10986-103492021-04-23T14:02:50Z Keeping the Promise of Old Age Income Security in Latin America Gill, Indermit S. Packard, Truman G. Yermo, Juan Pugatch, Todd Many Latin American governments have radically restructured their old age income security systems, starting with Chile's 1981 pension reform. The reforms move national pension system from purely social to largely individual responsibility; from risk pooling to individual savings accounts. They maintain reduced public risk pooling features, combined with mandatory and voluntary individual private savings to finance pensions and diversify the risks to adequate income in old age-the multi-pillar approach. 2012-08-13T11:13:54Z 2012-08-13T11:13:54Z 2004-09 http://documents.worldbank.org/curated/en/2004/09/5436307/keeping-promise-old-age-income-security-latin-america http://hdl.handle.net/10986/10349 English en breve; No. 53 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Latin America & Caribbean |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
geographic_facet |
Latin America & Caribbean |
relation |
en breve; No. 53 |
description |
Many Latin American governments have
radically restructured their old age income security
systems, starting with Chile's 1981 pension reform. The
reforms move national pension system from purely social to
largely individual responsibility; from risk pooling to
individual savings accounts. They maintain reduced public
risk pooling features, combined with mandatory and voluntary
individual private savings to finance pensions and diversify
the risks to adequate income in old age-the multi-pillar approach. |
format |
Publications & Research :: Brief |
author |
Gill, Indermit S. Packard, Truman G. Yermo, Juan Pugatch, Todd |
spellingShingle |
Gill, Indermit S. Packard, Truman G. Yermo, Juan Pugatch, Todd Keeping the Promise of Old Age Income Security in Latin America |
author_facet |
Gill, Indermit S. Packard, Truman G. Yermo, Juan Pugatch, Todd |
author_sort |
Gill, Indermit S. |
title |
Keeping the Promise of Old Age Income Security in Latin America |
title_short |
Keeping the Promise of Old Age Income Security in Latin America |
title_full |
Keeping the Promise of Old Age Income Security in Latin America |
title_fullStr |
Keeping the Promise of Old Age Income Security in Latin America |
title_full_unstemmed |
Keeping the Promise of Old Age Income Security in Latin America |
title_sort |
keeping the promise of old age income security in latin america |
publisher |
World Bank, Washington, DC |
publishDate |
2012 |
url |
http://documents.worldbank.org/curated/en/2004/09/5436307/keeping-promise-old-age-income-security-latin-america http://hdl.handle.net/10986/10349 |
_version_ |
1764412771419553792 |