Pension System in Argentina
This article presents the historical development and the present state of the pension system in Argentina. The two basic Argentina?s pension reforms, taking place in 1994 and 2008, had opposite directions. While the first of them introduced the country to the group of world leaders in introducing capital solutions in pension systems, the second reform had a character of a surprising U-turn towards the repartition solutions and directed the country towards the Bismarckian pay-as-you-go formula. The solution currently adopted by the country is totally rid of any obligatory individual capital funding. A question remains whether Argentina will once again become a world leader in pension system changes, although this time in reversing from capital-based solutions, and whether repartition will ensure a long-term stability of the system.
Volume (Year): 1 (2011)
Issue (Month): (November)
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- Arza, Camila, 2006. "Distributional Impacts of Pension Policy in Argentina," The Journal of Economic History, Cambridge University Press, vol. 66(02), pages 467-472, June.
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