El sistema previsional de capitalización que creó la reforma de 1994 en Argentina es debatido diez años después. En el medio el país pasó por una severa crisis macroeconómica que incrementó los costos del sistema y tuvo consecuencias directas sobre las carteras de los afiliados por el...

During the last decade, Argentina has faced an extended process of reform of the Pension System. It had been implemented a mixed system with a private funds scheme (PFS) and a new public pay-as-you-go system. The PFS was based on personal contributions; it addressed the effect of demographic...

Pension systems are under stress in the whole world. Demographic tendencies, informal labour markets, and distributive designs –inter alia-, coupled with the rigidity of the legislation, and implied financial imbalances, social debate and –sometimes-, reforms. These could be classified into...