This paper discusses the projections that the current system of social security in Chile has in the context of democratic development. Such projections, as shall be seen, indicate that the system involves a positive turn towards the deepening of this process of development. At the same time, in the light of the current democratic model, we conclude that the old system of social security was based on a type of democracy that is now under crisis. In this manner, the evolution of the pension system shows not only the deepening already mentioned, but also a change of the political model itself. This work is divided in two sections. In the first, the political history of the old social security system is analyzed: the bases of the democratic system on which it was founded and how that pension regime did not fulfill those bases. In the second part, the relationship between the new pension system and the new democratic model is described, and two case studies are presented where the differences can be perceived in a practical manner.
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Article provided by Instituto de Economía. Pontificia Universidad Católica de Chile. in its journal Cuadernos de Economía.