Pensions at a Glance : Latin America and the Caribbean

The biggest pension policy challenge faced by most countries in Latin America and the Caribbean (LAC) today is low coverage of formal pension systems, both in terms of the proportion of workers participating in pension schemes and the proportion of the elderly receiving some kind of pension incom...

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Main Authors:	OECD, Inter-American Development Bank, World Bank Group
Format:	Publications & Research
Language:	en_US
Published:	Paris: OECD Publishing 2015
Subjects:	Elderly Economic well-being Demographics Retirement income Pension wealth
Online Access:	http://hdl.handle.net/10986/21426

id	okr-10986-21426
recordtype	oai_dc
spelling	okr-10986-214262021-04-23T14:04:02Z Pensions at a Glance : Latin America and the Caribbean OECD Inter-American Development Bank World Bank Group Elderly Economic well-being Demographics Retirement income Pension wealth The biggest pension policy challenge faced by most countries in Latin America and the Caribbean (LAC) today is low coverage of formal pension systems, both in terms of the proportion of workers participating in pension schemes and the proportion of the elderly receiving some kind of pension income. Efforts to close the coverage gap, for example, through non-contributory pensions, are therefore at the heart of the pension policy debate in the region. However, these policies might pose significant fiscal challenges in the next decades as the population ages. Chapter 2 presents three main indicators describing the demographic conditions relevant for pension policy, namely fertility rates, life expectancy and old-age support ratios. This is followed by a systematic comparison, in Chapter 3, of system designs across countries using the standard OECD Pensions at a Glance typology and presenting several key indicators of adequacy, including gender-specific gross and net replacement rates and pension wealth at different income levels. Finally, Chapter 4 provides the profiles of each pension system in Latin America and the Caribbean in terms of their architecture, rules and parameters. 2015-02-11T17:30:33Z 2015-02-11T17:30:33Z 2014-12-08 978-92-64-22054-6 http://hdl.handle.net/10986/21426 en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ Paris: OECD Publishing Publications & Research Publications & Research :: Publication Latin America & Caribbean Caribbean Latin America
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	Elderly Economic well-being Demographics Retirement income Pension wealth
spellingShingle	Elderly Economic well-being Demographics Retirement income Pension wealth OECD Inter-American Development Bank World Bank Group Pensions at a Glance : Latin America and the Caribbean
geographic_facet	Latin America & Caribbean Caribbean Latin America
description	The biggest pension policy challenge faced by most countries in Latin America and the Caribbean (LAC) today is low coverage of formal pension systems, both in terms of the proportion of workers participating in pension schemes and the proportion of the elderly receiving some kind of pension income. Efforts to close the coverage gap, for example, through non-contributory pensions, are therefore at the heart of the pension policy debate in the region. However, these policies might pose significant fiscal challenges in the next decades as the population ages. Chapter 2 presents three main indicators describing the demographic conditions relevant for pension policy, namely fertility rates, life expectancy and old-age support ratios. This is followed by a systematic comparison, in Chapter 3, of system designs across countries using the standard OECD Pensions at a Glance typology and presenting several key indicators of adequacy, including gender-specific gross and net replacement rates and pension wealth at different income levels. Finally, Chapter 4 provides the profiles of each pension system in Latin America and the Caribbean in terms of their architecture, rules and parameters.
format	Publications & Research
author	OECD Inter-American Development Bank World Bank Group
author_facet	OECD Inter-American Development Bank World Bank Group
author_sort	OECD
title	Pensions at a Glance : Latin America and the Caribbean
title_short	Pensions at a Glance : Latin America and the Caribbean
title_full	Pensions at a Glance : Latin America and the Caribbean
title_fullStr	Pensions at a Glance : Latin America and the Caribbean
title_full_unstemmed	Pensions at a Glance : Latin America and the Caribbean
title_sort	pensions at a glance : latin america and the caribbean
publisher	Paris: OECD Publishing
publishDate	2015
url	http://hdl.handle.net/10986/21426
_version_	1764448227504947200

Pensions at a Glance : Latin America and the Caribbean

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