We estimate indicators of incentives to retire in a sample of individuals affiliated to the main Uruguayan social security program and we assess their impact on retirement and pension claims observed between 1996 and 2004. The implicit tax on work in this population is high compared to other...

The activity rate of mature men has increased in Uruguay in recent decades. This trend is remarkably different from what has been observed in most developed and Latin American countries. We analyze in this paper the incentives to retire implicit in the main social security program of Uruguay. We...

We analyze recent trends of the activity rates and retirement of Uruguayan old age workers. We find that in Uruguay, unlike in several developed countries and most Latin American countries, the activity rates of old-age men are not falling. On the contrary, in recent decades the activity rate of...

It is usually accepted that a pure NDC scheme is not adequate to protect individuals against the risk of poverty in old age, because it does not incorporate any redistribution of the system`s revenue. However, we show that insufficient coverage and weak social protection can be more seriuos...

The estimations in this paper show that there is a high risk that a very significant share of the workers registered in the work history of the main social security institution of Uruguay (the BPS) will not be able to comply with the condition of contributing 35 years to access the pension when...

In Uruguay, the pension programs cover over 90% of the elderly. Men are more likely to be eligible for the contributory pensions, while women are over-represented in the assistential and survivor pension programs. This difference is linked to the fact that women tend to have longer spells out of...