Pension coverage in Latin America : trends and determinants
AbstractThis document presents an analysis of pension coverage trends in Latin America for the past decades. Its preparation involved the collection, revision, and processing of household surveys in over 18 countries in the region, spanning a period of almost 40 years in some cases. The main goal of this document is to offer comparable data on pension coverage among the economically active population and the elderly, considering the relevance of several demographic, social, and economic variables on these coverage levels. By producing this large and comparable regional dataset, the document supports the discussion of several stylized facts on pension coverage in Latin America. The results show that coverage among active workers is low in most countries, although there has been a relative improvement since the early 1990s. The situation is still distressing among workers in the primary sector or employed by small enterprises as well as for women, primarily because of their persistent lower rates of labor market participation. In recent years coverage of some of the most vulnerable groups has increased, but it still presents very low rates. Among the elderly, regional averages have been very stable since the early 1990s, although this average hides important differences among countries.
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Bibliographic InfoPaper provided by The World Bank in its series Social Protection Discussion Papers with number 70926.
Date of creation: 01 Jun 2012
Date of revision:
Population Policies; Insurance&Risk Mitigation; Pensions&Retirement Systems; Debt Markets; Insurance Law;
This paper has been announced in the following NEP Reports:
- NEP-AGE-2012-07-29 (Economics of Ageing)
- NEP-ALL-2012-07-29 (All new papers)
- NEP-DEM-2012-07-29 (Demographic Economics)
- NEP-IAS-2012-07-29 (Insurance Economics)
- NEP-LAB-2012-07-29 (Labour Economics)
- NEP-LAM-2012-07-29 (Central & South America)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Fabio Bertranou & Esteban Calvo & Evelina Bertranou, 2009.
"Is Latin America Retreating From Individual Retirement Accounts?,"
Issues in Brief, Center for Retirement Research
ib2009-9-14, Center for Retirement Research, revised Jul 2009.
- Bertranou, Fabio & Calvo, Esteban & Bertranou, Evelina, 2009. "Is Latin America retreating from individual retirement accounts?," MPRA Paper 17422, University Library of Munich, Germany.
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