Pension Coverage in Latin America : Trends and Determinants
This document presents an analysis of pension coverage trends in Latin America for the past decades. Its preparation involved the collection, revision, and processing of household surveys in over 18 countries in the region, spanning a period of alm...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2012/06/16499044/pension-coverage-latin-america-trends-determinants http://hdl.handle.net/10986/13561 |
| Summary: | This document presents an analysis of
pension coverage trends in Latin America for the past
decades. Its preparation involved the collection, revision,
and processing of household surveys in over 18 countries in
the region, spanning a period of almost 40 years in some
cases. The main goal of this document is to offer comparable
data on pension coverage among the economically active
population and the elderly, considering the relevance of
several demographic, social, and economic variables on these
coverage levels. By producing this large and comparable
regional dataset, the document supports the discussion of
several stylized facts on pension coverage in Latin America.
The results show that coverage among active workers is low
in most countries, although there has been a relative
improvement since the early 1990s. The situation is still
distressing among workers in the primary sector or employed
by small enterprises as well as for women, primarily because
of their persistent lower rates of labor market
participation. In recent years coverage of some of the most
vulnerable groups has increased, but it still presents very
low rates. Among the elderly, regional averages have been
very stable since the early 1990s, although this average
hides important differences among countries. |
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