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[IWS] ECLAC: THE CHILEAN SYSTEM OF CONTRIBUTORY PENSIONS AS LOCUS OF REVALRY AND OF A NEW SOCIAL COMPACT [20 November 2014]
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Economic Commission for Latin America and the Caribbean (ECLAC)
THE CHILEAN SYSTEM OF CONTRIBUTORY PENSIONS AS LOCUS OF RIVALRY AND OF A NEW SOCIAL COMPACT [20 November 2014]
by Ana Sojo
[full-text, 50 pages]
This study assesses the contributory pension system in Chile and offers some recommendations for reform, from the viewpoint of social rights that generate expectations of satisfaction. The primary objective of any pension system is to provide income security to the elderly, and contributory pensions must reflect the savings achieved throughout working life in order to guarantee that, for similar levels of effort, similar and proportionate protection will be obtained.
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