Winners and losers in the first generations after structural social security reform: the Uruguayan case

Descripción del Articulo

In the 1990s, several Latin American countries privatized their social security schemes to a greater or lesser extent. The main reason for these reforms was the dearth of public PAYG systems. As yet, here is no consensus on how these reforms stand to affect pensions. We focus on the Uruguayan case,...

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Detalles Bibliográficos
Autores: Forteza, Álvaro, Rossi, Ianina
Formato: artículo
Fecha de Publicación:2018
Institución:Universidad del Pacífico
Repositorio:Revistas - Universidad del Pacífico
Lenguaje:español
inglés
OAI Identifier:oai:ojs.revistas.up.edu.pe:article/865
Enlace del recurso:https://revistas.up.edu.pe/index.php/apuntes/article/view/865
Nivel de acceso:acceso abierto
Descripción
Sumario:In the 1990s, several Latin American countries privatized their social security schemes to a greater or lesser extent. The main reason for these reforms was the dearth of public PAYG systems. As yet, here is no consensus on how these reforms stand to affect pensions. We focus on the Uruguayan case, where the first generations of the new regime are due to retire soon. Some workers will receive lower pensions than those with similar income and labor histories but who retired under the «transitional» regime. Meanwhile, others will receive higher pensions. We present simulations to help understand the specifics of the problem and identify potential winners and losers.
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