Beyond the privatization and re-nationalisation of the Argentine pension system: coverage, fragmentation, and sustainability
AbstractIn the last decades, the pension system in Argentina has experienced important changes that included the introduction of an individual account defined-contribution component (or individual capitalisation) in 1994 and its subsequent reversal to a defined benefit pay-as-you-go pension scheme in 2008. After the 2001 crisis, the favourable fiscal position allowed the implementation of policies that reversed the decline in pension coverage to unprecedented levels, reaching over 90% of the elderly.This article summarizes the main changes in the pension system in terms of its institutional organisation, financing and coverage, describes the current situation, and outlines the sustainability challenges that face future pension policy.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 44245.
Date of creation: 29 Nov 2012
Date of revision:
pension reform; social security; elderly welfare; Argentina;
Find related papers by JEL classification:
- J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
- H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
- J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
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- Armando Barrientos, 2011. "Participation and Earnings of Older People in Argentina: Nice Work if You Can Get It?," Journal of Development Studies, Taylor & Francis Journals, Taylor & Francis Journals, vol. 47(7), pages 1061-1079.
- Alvaro Foteza & Ignacio Apella & Eduardo Fajnzylber & Carlos Grushka & Ianina Rossi & Graciela Sanromán, 2011. "Contributions to social security in Argentina, Chile and Uruguay: Densities, transitions and duration," Económica, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata, vol. 0, pages 127-163, January-D.
- Damill, Mario & Frenkel, Roberto & Maurizio, Roxana, 2011. "Macroeconomic policy for full and productive employment and decent work for all [ electronic resource ]: an analysis of the Argentine experience," ILO Working Papers, International Labour Organization 467787, International Labour Organization.
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