Los bajos niveles de cotizacion a los sistemas de pensiones en America Latina son un enorme obstaculo que limita la puesta en practica de un sistema de seguridad social generalizado. Las tasas de cotizacion medidas como el indice de cotizantes respecto a la poblacion activa total se mantiene en...

Low contribution levels to pension schemes in Latin America are an enormous obstacle limiting the implementation of a broad-based social security system. Contribution rates measured as a ratio of contributors to the total labour force stand at an average of 40%, or 60% in the best of cases....

In his February 2002 address to the National Summit on Retirement Savings, President Bush asserted that citizens who invested their Social Security contributions in stocks over the past forty-five years would have more than tripled their retirement benefits, and implied that a similar windfall...

Policy debates about the appropriate risk levels for individual retirement plans and social retirement plans (like social security) often pay insufficient attention to the inescapable trade-off between payment risk (the risk of insufficient funding for anticipated benefits) and short fall risk...

English Abstract: Varias reformas se han hecho en Colombia para intentar aumentar la cobertura, mejorar la focalización y hacer económicamente sostenible el sistema pensional. Sin embargo, diferentes componentes como la indexación al salario mínimo (dada su cercanía al salario medio), las...

Most countries have separate pension plan for public sector employees. The future fiscal burden of these plans can be substantial as the government usually is the largest employer, pension promises in the public sector tend to be relatively generous, and future payments have to be paid out...