In this paper we analyze the recent performance, perspectives and some policy options for two public social security programs in Uruguay: pensions and unemployment insurance.We review the impact of these programs on public expenditure, including recent and expected future trends, and on income...

The Uruguayan pension system is one of the largest in Latin America relative to the country size. In 1995, the parliament passed a new pension law that introduced structural reforms in the system. The key goal of the reform was to restore intertemporal sustainability of the public budget, that...

In this paper we analyze the recent performance, perspectives and some policy options for two public social security programs in Uruguay: pensions and unemployment insurance. We review the impact of these programs on public expenditure, including recent and expected future trends, and on income...