This article reviews two rounds of pension reform in ten Latin American countries to determine whether they are moving away from individual retirement accounts (IRAs). Although the idea is provocative, we conclude that the notion of ‘moving away from IRAs' is insufficient to characterise the...

This article provides a critical review of the Chinese New Rural Pension System (NRPS), which combines a voluntary funded defined contribution (FDC) pillar with contingent social pensions (SP). NRPS successfully expanded rural coverage and thus emerged as a potential model for other developing...

While numerous Western countries first experienced cultural rationalization, next economic modernization, and then faced the challenges of population aging and pension policy reform, both Latin America and China, in contrast, are dealing with these challenges in the context of much less...

En 1981, Chile inició una ronda de reformas a los sistemas de pensiones que introdujo cuentas individuales de pensión de tipo obligatorio, alejándose así de los sistemas públicos. A principios de los 1990s, otros diez países Latinoamericanos siguieron el ejemplo de Chile. En años...

While numerous Western countries first experienced cultural rationalization, next economic modernization, and then faced the challenges of population aging and pension policy reform, both Latin America and China, in contrast, are dealing with these challenges in the context of much less...