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Латинская Америка

  • [eng] The Reformed Pension Systems in Latin America

    §І§Ц§ж§а§в§Ю§Ъ§в§а§У§С§Я§Я§н§Ц §б§Ц§Я§г§Ъ§а§Я§Я§н§Ц §г§Ъ§г§д§Ц§Ю§н §У §­§С§д§Ъ§Я§г§Ь§а§Ы §Ў§Ю§Ц§в§Ъ§Ь§Ц
    JosЁ¦ E. Devesa-Carpio
    Carlos Vidal-MeliЁў

    The transformation of the public pension system in Chile, which has served as a model
    for later reforms carried out in other Latin American countries, has attracted the attention
    of many researchers. The aim of this paper is to make a (provisional) technical
    assessment of the functioning of these systems. The operating structure is described and
    the main characteristics are analyzed. Main indicators are discussed including rates of
    return, level of pensions provided, actual coverage, administration costs, size and
    composition of fund portfolios, level of implicit pension debt, transition costs, and the
    problems arising due to the existence of alternative methods of pensions provision.


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