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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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 |
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Digital Repository |
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Foreign Institution |
institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
language |
en_US |
topic |
Elderly Economic well-being Demographics Retirement income Pension wealth |
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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 |