The Chilean system of contributory pensions as locus of rivalry and of a new social compact

This study assesses the contributory pension system in Chile and offers some recommendations for reform, from the viewpoint of social rights that generate expectations of satisfaction. The primary objective of any pension system is to provide income security to the elderly, and contributory pensions...

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Autor principal:	Sojo, Ana
Otros Autores:	German Agency for Technical Cooperation
Formato:	Texto
Lenguaje:	English
Publicado:	ECLAC 2014
Materias:	SEGURIDAD SOCIAL SECTOR PUBLICO SECTOR PRIVADO PENSIONES EQUIDAD POLITICA SOCIAL ECONOMIA DEL BIENESTAR SOCIAL SECURITY PUBLIC SECTOR PRIVATE SECTOR PENSIONS EQUITY SOCIAL POLICY WELFARE ECONOMICS
Acceso en línea:	http://hdl.handle.net/11362/37293
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spelling	oai-11362-372932020-11-17T01:15:48Z The Chilean system of contributory pensions as locus of rivalry and of a new social compact Sojo, Ana German Agency for Technical Cooperation SEGURIDAD SOCIAL SECTOR PUBLICO SECTOR PRIVADO PENSIONES EQUIDAD POLITICA SOCIAL ECONOMIA DEL BIENESTAR SOCIAL SECURITY PUBLIC SECTOR PRIVATE SECTOR PENSIONS EQUITY SOCIAL POLICY WELFARE ECONOMICS This study assesses the contributory pension system in Chile and offers some recommendations for reform, from the viewpoint of social rights that generate expectations of satisfaction. The primary objective of any pension system is to provide income security to the elderly, and contributory pensions must reflect the savings achieved throughout working life in order to guarantee that, for similar levels of effort, similar and proportionate protection will be obtained. Executive summary .-- Introduction .-- I. The principles of social protection according to ECLAC, as a point of departure for the analysis to be undertaken .-- II. The fairness and rationale of the public-private mixes on social protection .-- III. The legitimacy of social protection systems: determinants of a favourable or negative public attitude .-- IV. The contributory pensions system in Chile is increasingly criticized as lacking democratic legitimacy and as failing to meet its primary objective .-- V. The contributory pension system administered by the AFP is losing its political legitimacy .-- VI. Some stylized facts on pensions in Chile, from a joint vision of contributory and non-contributory subsystems .-- VII. The great debate: low replacement rates for individually capitalized pensions, their determinants, and some of their collateral effects .-- VIII. Given the failure to fulfil the promises of pension coverage and quality, the State AFP could represent a strategy of gradual change through layering and transition .-- IX. Toward a not-for-profit contributory system of individual accounts .-- X. In the face of demographic shifts and the inadequacy of parametric changes: interactions with care provisions as the framework for social protection policies .-- XI. Corollary: the need for action against a pension system with distorted objectives. 2014-11-20T12:23:52Z 2014-11-20T12:23:52Z 2014-11 Texto Documento Completo http://hdl.handle.net/11362/37293 LC/L.3901 en Serie Políticas Sociales 211 .pdf application/pdf CHILE CHILE ECLAC
institution	Cepal
collection	Cepal
language	English
topic	SEGURIDAD SOCIAL SECTOR PUBLICO SECTOR PRIVADO PENSIONES EQUIDAD POLITICA SOCIAL ECONOMIA DEL BIENESTAR SOCIAL SECURITY PUBLIC SECTOR PRIVATE SECTOR PENSIONS EQUITY SOCIAL POLICY WELFARE ECONOMICS
spellingShingle	SEGURIDAD SOCIAL SECTOR PUBLICO SECTOR PRIVADO PENSIONES EQUIDAD POLITICA SOCIAL ECONOMIA DEL BIENESTAR SOCIAL SECURITY PUBLIC SECTOR PRIVATE SECTOR PENSIONS EQUITY SOCIAL POLICY WELFARE ECONOMICS Sojo, Ana The Chilean system of contributory pensions as locus of rivalry and of a new social compact
description	This study assesses the contributory pension system in Chile and offers some recommendations for reform, from the viewpoint of social rights that generate expectations of satisfaction. The primary objective of any pension system is to provide income security to the elderly, and contributory pensions must reflect the savings achieved throughout working life in order to guarantee that, for similar levels of effort, similar and proportionate protection will be obtained.
author2	German Agency for Technical Cooperation
author_facet	German Agency for Technical Cooperation Sojo, Ana
format	Texto
author	Sojo, Ana
author_sort	Sojo, Ana
title	The Chilean system of contributory pensions as locus of rivalry and of a new social compact
title_short	The Chilean system of contributory pensions as locus of rivalry and of a new social compact
title_full	The Chilean system of contributory pensions as locus of rivalry and of a new social compact
title_fullStr	The Chilean system of contributory pensions as locus of rivalry and of a new social compact
title_full_unstemmed	The Chilean system of contributory pensions as locus of rivalry and of a new social compact
title_sort	chilean system of contributory pensions as locus of rivalry and of a new social compact
publisher	ECLAC
publishDate	2014
url	http://hdl.handle.net/11362/37293
work_keys_str_mv	AT sojoana thechileansystemofcontributorypensionsaslocusofrivalryandofanewsocialcompact AT sojoana chileansystemofcontributorypensionsaslocusofrivalryandofanewsocialcompact
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The Chilean system of contributory pensions as locus of rivalry and of a new social compact

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