year that passes without reform. Two main suggestions for economic policy spring from this paper: the need to compile an …

The transformation of the public pensions system in Chile has served as a model for later reforms carried out in other … structure, profitability, level of pensions provided, real cover, administrative costs, size and composition of fund portfolios …/or comparisons to be made with the systems before they were reformed, amongst the systems after reform, and with other countries. La …