Rofman, Rafael - In: The Geneva Papers on Risk and Insurance - Issues and … 26 (2001) 4, pp. 587-610
In a context of serious financial and legal crisis, Argentina reformed its pension system in 1994, when a multipillar model with a funded scheme was introduced and first-pillar parameters, such as minimum age and vesting requirements, were tightened. The new system has a large first pillar...