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 this paper we analyze the recent performance, perspectives and some policy options for two public social security programs in Uruguay: pensions and unemployment insurance. We review the impact of these programs on public expenditure, including recent and expected future trends, and on income...

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...