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

framework of the pension system, setting out the main medium-term challenges and analysing some reform alternatives. In this …

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 …

retirement pensions, the social security contributions and the GDP through 2060. The model makes use of detailed hypothesis … (contributions over pensions) of immigrants is clearly above that of natives and will be so until 2055, when both ratios will be well …

pensions, while women are over-represented in the assistential and survivor pension programs. This difference is linked to the …, we document the social security reform implemented in 1996. Lastly, we estimate the probability of complying with the …