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...

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Main Authors:	Rofman, Rafael, Oliveri, Maria Laura
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2013
Subjects:	ASYMMETRIC INFORMATION BENEFICIARIES CAPITAL GAINS CAPITALIZATION CITIZEN CITIZENS CONTRIBUTORY PROGRAMS COVERAGE DISABILITY DISCRIMINATION DISSEMINATION ECONOMIC GROWTH EDUCATIONAL ATTAINMENT ELDERLY ELDERLY POPULATION FINANCIAL COMMITMENTS FINANCIAL SUSTAINABILITY GENDER BIAS HOUSEHOLD INCOME HOUSEHOLD SURVEYS HUMAN DEVELOPMENT INCOME FLOWS INCOME LEVEL INCOME LEVELS INCOME SECURITY INCOME TAXES INDIVIDUAL ACCOUNTS INDIVIDUAL RETIREMENT ACCOUNTS INEQUITIES INSURANCE INSURANCE MARKETS INSURANCE SYSTEM INTERNATIONAL LABOR ORGANIZATION LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOR MARKETS LEGAL OBLIGATIONS LEVEL OF EDUCATION LEVELS OF EDUCATION LIBERALIZATION LIVING CONDITIONS MILLENNIUM DEVELOPMENT GOALS MINIMUM BENEFITS MORTALITY NATIONAL LEVEL NATIONAL PENSION NUMBER OF WORKERS OLD AGE OLDER ADULTS PAY AS YOU GO PAY AS YOU GO SYSTEMS PENSION PENSION BENEFICIARY PENSION BENEFIT PENSION BENEFITS PENSION CONTRIBUTIONS PENSION COVERAGE PENSION DEBT PENSION INCOME PENSION REFORM PENSION REFORMS PENSION SCHEME PENSION SYSTEM PENSION SYSTEM REFORMS PENSION SYSTEMS PENSIONS POLICY MAKERS POLITICAL ECONOMY POPULATION GROUPS PRIVATE PENSIONS PROGRESS PUBLIC FINANCES PUBLIC PENSION PUBLIC POLICY PUBLIC SERVICES RATES RESPECT RETIREES RETIREMENT RETIREMENT AGE RETIREMENT AGES RETIREMENT BENEFITS RETIREMENTS RISK AVERSION RURAL AREAS RURAL RESIDENTS SAVINGS SAVINGS SCHEMES SMALL ENTERPRISES SOCIAL INSURANCE SOCIAL INSURANCE SYSTEM SOCIAL NETWORKS SOCIAL PENSIONS SOCIAL POLICY SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SECURITY AGENCIES SOCIAL SECURITY SYSTEMS SOCIAL VULNERABILITY SOLVENCY SPOUSES SUSTAINABILITY TAX TRADE LIBERALIZATION TRADITIONAL SOCIETIES UNEMPLOYMENT URBAN AREAS URBAN POPULATION VULNERABLE GROUPS WORKING POPULATION YOUNG ADULTS elderly welfare
Online Access:	http://documents.worldbank.org/curated/en/2012/06/16499044/pension-coverage-latin-america-trends-determinants http://hdl.handle.net/10986/13561

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recordtype	oai_dc
spelling	okr-10986-135612021-04-23T14:03:08Z Pension Coverage in Latin America : Trends and Determinants Rofman, Rafael Oliveri, Maria Laura ASYMMETRIC INFORMATION BENEFICIARIES CAPITAL GAINS CAPITALIZATION CITIZEN CITIZENS CONTRIBUTORY PROGRAMS COVERAGE DISABILITY DISCRIMINATION DISSEMINATION ECONOMIC GROWTH EDUCATIONAL ATTAINMENT ELDERLY ELDERLY POPULATION FINANCIAL COMMITMENTS FINANCIAL SUSTAINABILITY GENDER BIAS HOUSEHOLD INCOME HOUSEHOLD SURVEYS HUMAN DEVELOPMENT INCOME FLOWS INCOME LEVEL INCOME LEVELS INCOME SECURITY INCOME TAXES INDIVIDUAL ACCOUNTS INDIVIDUAL RETIREMENT ACCOUNTS INEQUITIES INSURANCE INSURANCE MARKETS INSURANCE SYSTEM INTERNATIONAL LABOR ORGANIZATION LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOR MARKETS LEGAL OBLIGATIONS LEVEL OF EDUCATION LEVELS OF EDUCATION LIBERALIZATION LIVING CONDITIONS MILLENNIUM DEVELOPMENT GOALS MINIMUM BENEFITS MORTALITY NATIONAL LEVEL NATIONAL PENSION NUMBER OF WORKERS OLD AGE OLDER ADULTS PAY AS YOU GO PAY AS YOU GO SYSTEMS PENSION PENSION BENEFICIARY PENSION BENEFIT PENSION BENEFITS PENSION CONTRIBUTIONS PENSION COVERAGE PENSION DEBT PENSION INCOME PENSION REFORM PENSION REFORMS PENSION SCHEME PENSION SYSTEM PENSION SYSTEM REFORMS PENSION SYSTEMS PENSIONS POLICY MAKERS POLITICAL ECONOMY POPULATION GROUPS PRIVATE PENSIONS PROGRESS PUBLIC FINANCES PUBLIC PENSION PUBLIC POLICY PUBLIC SERVICES RATES RESPECT RETIREES RETIREMENT RETIREMENT AGE RETIREMENT AGES RETIREMENT BENEFITS RETIREMENTS RISK AVERSION RURAL AREAS RURAL RESIDENTS SAVINGS SAVINGS SCHEMES SMALL ENTERPRISES SOCIAL INSURANCE SOCIAL INSURANCE SYSTEM SOCIAL NETWORKS SOCIAL PENSIONS SOCIAL POLICY SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SECURITY AGENCIES SOCIAL SECURITY SYSTEMS SOCIAL VULNERABILITY SOLVENCY SPOUSES SUSTAINABILITY TAX TRADE LIBERALIZATION TRADITIONAL SOCIETIES UNEMPLOYMENT URBAN AREAS URBAN POPULATION VULNERABLE GROUPS WORKING POPULATION YOUNG ADULTS elderly welfare 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. 2013-05-28T17:56:15Z 2013-05-28T17:56:15Z 2012-06 http://documents.worldbank.org/curated/en/2012/06/16499044/pension-coverage-latin-america-trends-determinants http://hdl.handle.net/10986/13561 English en_US Social Protection and Labor Discussion Paper;No. 1217 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research Latin America & Caribbean Latin America
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ASYMMETRIC INFORMATION BENEFICIARIES CAPITAL GAINS CAPITALIZATION CITIZEN CITIZENS CONTRIBUTORY PROGRAMS COVERAGE DISABILITY DISCRIMINATION DISSEMINATION ECONOMIC GROWTH EDUCATIONAL ATTAINMENT ELDERLY ELDERLY POPULATION FINANCIAL COMMITMENTS FINANCIAL SUSTAINABILITY GENDER BIAS HOUSEHOLD INCOME HOUSEHOLD SURVEYS HUMAN DEVELOPMENT INCOME FLOWS INCOME LEVEL INCOME LEVELS INCOME SECURITY INCOME TAXES INDIVIDUAL ACCOUNTS INDIVIDUAL RETIREMENT ACCOUNTS INEQUITIES INSURANCE INSURANCE MARKETS INSURANCE SYSTEM INTERNATIONAL LABOR ORGANIZATION LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOR MARKETS LEGAL OBLIGATIONS LEVEL OF EDUCATION LEVELS OF EDUCATION LIBERALIZATION LIVING CONDITIONS MILLENNIUM DEVELOPMENT GOALS MINIMUM BENEFITS MORTALITY NATIONAL LEVEL NATIONAL PENSION NUMBER OF WORKERS OLD AGE OLDER ADULTS PAY AS YOU GO PAY AS YOU GO SYSTEMS PENSION PENSION BENEFICIARY PENSION BENEFIT PENSION BENEFITS PENSION CONTRIBUTIONS PENSION COVERAGE PENSION DEBT PENSION INCOME PENSION REFORM PENSION REFORMS PENSION SCHEME PENSION SYSTEM PENSION SYSTEM REFORMS PENSION SYSTEMS PENSIONS POLICY MAKERS POLITICAL ECONOMY POPULATION GROUPS PRIVATE PENSIONS PROGRESS PUBLIC FINANCES PUBLIC PENSION PUBLIC POLICY PUBLIC SERVICES RATES RESPECT RETIREES RETIREMENT RETIREMENT AGE RETIREMENT AGES RETIREMENT BENEFITS RETIREMENTS RISK AVERSION RURAL AREAS RURAL RESIDENTS SAVINGS SAVINGS SCHEMES SMALL ENTERPRISES SOCIAL INSURANCE SOCIAL INSURANCE SYSTEM SOCIAL NETWORKS SOCIAL PENSIONS SOCIAL POLICY SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SECURITY AGENCIES SOCIAL SECURITY SYSTEMS SOCIAL VULNERABILITY SOLVENCY SPOUSES SUSTAINABILITY TAX TRADE LIBERALIZATION TRADITIONAL SOCIETIES UNEMPLOYMENT URBAN AREAS URBAN POPULATION VULNERABLE GROUPS WORKING POPULATION YOUNG ADULTS elderly welfare
spellingShingle	ASYMMETRIC INFORMATION BENEFICIARIES CAPITAL GAINS CAPITALIZATION CITIZEN CITIZENS CONTRIBUTORY PROGRAMS COVERAGE DISABILITY DISCRIMINATION DISSEMINATION ECONOMIC GROWTH EDUCATIONAL ATTAINMENT ELDERLY ELDERLY POPULATION FINANCIAL COMMITMENTS FINANCIAL SUSTAINABILITY GENDER BIAS HOUSEHOLD INCOME HOUSEHOLD SURVEYS HUMAN DEVELOPMENT INCOME FLOWS INCOME LEVEL INCOME LEVELS INCOME SECURITY INCOME TAXES INDIVIDUAL ACCOUNTS INDIVIDUAL RETIREMENT ACCOUNTS INEQUITIES INSURANCE INSURANCE MARKETS INSURANCE SYSTEM INTERNATIONAL LABOR ORGANIZATION LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOR MARKETS LEGAL OBLIGATIONS LEVEL OF EDUCATION LEVELS OF EDUCATION LIBERALIZATION LIVING CONDITIONS MILLENNIUM DEVELOPMENT GOALS MINIMUM BENEFITS MORTALITY NATIONAL LEVEL NATIONAL PENSION NUMBER OF WORKERS OLD AGE OLDER ADULTS PAY AS YOU GO PAY AS YOU GO SYSTEMS PENSION PENSION BENEFICIARY PENSION BENEFIT PENSION BENEFITS PENSION CONTRIBUTIONS PENSION COVERAGE PENSION DEBT PENSION INCOME PENSION REFORM PENSION REFORMS PENSION SCHEME PENSION SYSTEM PENSION SYSTEM REFORMS PENSION SYSTEMS PENSIONS POLICY MAKERS POLITICAL ECONOMY POPULATION GROUPS PRIVATE PENSIONS PROGRESS PUBLIC FINANCES PUBLIC PENSION PUBLIC POLICY PUBLIC SERVICES RATES RESPECT RETIREES RETIREMENT RETIREMENT AGE RETIREMENT AGES RETIREMENT BENEFITS RETIREMENTS RISK AVERSION RURAL AREAS RURAL RESIDENTS SAVINGS SAVINGS SCHEMES SMALL ENTERPRISES SOCIAL INSURANCE SOCIAL INSURANCE SYSTEM SOCIAL NETWORKS SOCIAL PENSIONS SOCIAL POLICY SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SECURITY AGENCIES SOCIAL SECURITY SYSTEMS SOCIAL VULNERABILITY SOLVENCY SPOUSES SUSTAINABILITY TAX TRADE LIBERALIZATION TRADITIONAL SOCIETIES UNEMPLOYMENT URBAN AREAS URBAN POPULATION VULNERABLE GROUPS WORKING POPULATION YOUNG ADULTS elderly welfare Rofman, Rafael Oliveri, Maria Laura Pension Coverage in Latin America : Trends and Determinants
geographic_facet	Latin America & Caribbean Latin America
relation	Social Protection and Labor Discussion Paper;No. 1217
description	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.
format	Publications & Research :: Working Paper
author	Rofman, Rafael Oliveri, Maria Laura
author_facet	Rofman, Rafael Oliveri, Maria Laura
author_sort	Rofman, Rafael
title	Pension Coverage in Latin America : Trends and Determinants
title_short	Pension Coverage in Latin America : Trends and Determinants
title_full	Pension Coverage in Latin America : Trends and Determinants
title_fullStr	Pension Coverage in Latin America : Trends and Determinants
title_full_unstemmed	Pension Coverage in Latin America : Trends and Determinants
title_sort	pension coverage in latin america : trends and determinants
publisher	World Bank, Washington, DC
publishDate	2013
url	http://documents.worldbank.org/curated/en/2012/06/16499044/pension-coverage-latin-america-trends-determinants http://hdl.handle.net/10986/13561
_version_	1764423733851717632

Pension Coverage in Latin America : Trends and Determinants

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