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Pension Systems in Latin America: Concepts and Measurements of Coverage

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Author Info

  • Rafael Rofman

    ()
    (Human Development Department, Latin America and the Caribbean Regional Office (LCSHS), the World Bank)

  • Leonardo Lucchetti

    (Human Development Department, Latin America and the Caribbean Regional Office (LCSHS), the World Bank)

  • Guzmán Ourens

    ()
    (Departamento de Economía, Facultad de Ciencias Sociales, Universidad de la República)

Abstract

Pension systems’ performance around the world can be usually assessed by considering three dimensions: coverage, adequacy, and sustainability. This paper focuses on the coverage dimension, looking at empirical data in Latin America. It represents a review and expansion of a previous analysis (such as Rofman and Carranza, 2005), as it corrects a few methodological problems and expands the timeframe. Data were available for 18 countries, for a period that starts in the early 1990s to the mid 2000s. Recognizing the difficulties involved in comparing the available information, the paper presents a group of similar indicators that make it possible to measure coverage in the various countries, both among active workers and among the elderly. In addition, several socio-demographic characteristics of the covered population are presented and discussed, identifying relevant differentials. The covariates taken into account in the study are: age, geographical areas, sector of employment, level of education, gender, occupation, firm size, and income quintiles.

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Bibliographic Info

Paper provided by Department of Economics - dECON in its series Documentos de Trabajo (working papers) with number 0510.

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Length: 153 pages
Date of creation: Apr 2010
Date of revision:
Handle: RePEc:ude:wpaper:0510

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Related research

Keywords: Coverage; Pension Systems; Latin America.;

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Cited by:
  1. World Bank, . "Latin America and the Caribbean Poverty and Labor Brief, June 2013 : Shifting Gears to Accelerate Shared Prosperity in Latin America and the Caribbean," World Bank Other Operational Studies 15265, The World Bank.
  2. Vanesa Valeria D'Elia, 2013. "Changes in pension inequality: A decomposition analysis of Argentina, 1995-2009," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 50(1), pages 48-81, May.
  3. Jean-Jacques Dethier & Pierre Pestieau & Rabia Ali, 2011. "The impact of a minimum pension on old age poverty and its budgetary cost. Evidence from Latin America," REVISTA DE ECONOMÍA DEL ROSARIO, UNIVERSIDAD DEL ROSARIO.
  4. Carpio, Miguel Angel, 2011. "Do pension wealth, pension cost and the nature of pension system affect coverage? Evidence from a country where pay-as-you-go and funded systems coexist," MPRA Paper 34926, University Library of Munich, Germany.
  5. Rafael Rofman & María Laura Olivieri, 2012. "Un repaso sobre las políticas de protección social y la distribución del ingreso en Argentina," Económica, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata, vol. 0, pages 97-128, January-D.
  6. 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.
  7. Barrientos, Armando, 2012. "What is the Role of Social Pensions in Asia?," ADBI Working Papers 351, Asian Development Bank Institute.
  8. Zou, Tieding & Ye, Hang, 2013. "城乡户籍与性别的重叠效应——基于身份公平的养老改革
    [The Overlapping Effects between Household Register and Gender ——Pension Reform which Based on Identity Equity]
    ," MPRA Paper 53034, University Library of Munich, Germany, revised 03 Oct 2013.

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