Pension system reform in Latin America

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cepal.bibLevelSección o Parte de un Documento
cepal.callNumberX/C 22(56/95)
cepal.docTypeRevistas
cepal.idSade20078
cepal.projectProyecto Regional Conjunto sobre Políticas Financieras para el Desarrollo RLA/90/001
cepal.topicEngSOCIAL PROTECTION
cepal.topicSpaPROTECCIÓN SOCIAL
cepal.workareaEngSOCIAL DEVELOPMENT
cepal.workareaSpaDESARROLLO SOCIAL
dc.contributor.authorUthoff, Andras
dc.contributor.entityNU. CEPAL
dc.contributor.entityPNUD
dc.coverage.spatialEngLATIN AMERICA AND THE CARIBBEAN
dc.coverage.spatialSpaAMERICA LATINA Y EL CARIBE
dc.date.accessioned2014-01-02T18:41:25Z
dc.date.available2014-01-02T18:41:25Z
dc.date.issued1995-08
dc.descriptionIncludes bibliography
dc.description.abstractWhen reforming pension systems, the arguments used must be carefully studied, since changes may involve substantial economic, social and political costs. The reforms which are being carried out in the region reflect this dilemma and are the result of various compromises affecting the new system as regards: i); the degree to which the benefits provided by the system and the administration of its reserve funds are isolated from the political process; ii); the necessary regulation and supervision of the markets with which the system interacts in order to effect the financial intermediation of its funds; iii); the appropriate combination of fiscal resources and pension fund surpluses to be used to pay the debt owed to pensioners of the former system and the commitments in terms of minimum pensions; iv); the provision of insurance schemes against disability and survival contingencies and possible fluctuations in the financial market, as well as covering the lifetime annuity option; v); the need to supply information so that members can take free and informed individual decisions, and vi); ensuring a capital market with a suitable combination of financial instruments to protect the system against inflation risks.
dc.formatTexto
dc.format.extentpáginas. 43-60
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/G.1874-P
dc.identifier.urihttps://hdl.handle.net/11362/10528
dc.language.isoeng
dc.physicalDescriptionp. 43-60
dc.relation.isPartOfCEPAL Review
dc.relation.isPartOfNo56
dc.relation.isPartOfSeriesCEPAL Review
dc.subject.unbisEngRETIREMENT
dc.subject.unbisEngSOCIAL CHANGE
dc.subject.unbisEngSOCIAL SECURITY
dc.subject.unbisSpaCAMBIO SOCIAL
dc.subject.unbisSpaJUBILACION
dc.subject.unbisSpaSEGURIDAD SOCIAL
dc.titlePension system reform in Latin America
dc.type.coarrevista
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