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Work histories and the access to contributory pensions: the case of Uruguay

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  • BUCHELI, MARISA
  • FORTEZA, ALVARO
  • ROSSI, IANINA

Abstract

Incomplete and highly fragmented work histories threaten to leave many contributors of the pension schemes in Latin America without the minimum pension guarantee or even without access to the ordinary pension. We propose a methodology to assess this risk, identify vulnerable groups and study potential determinants of the history of contributions using information from the work history records of the social security institutions. We apply this methodology to the largest social security institution of Uruguay, the Banco de Previsión Social (BPS), and show that the majority of contributors to this institution might not comply with the minimum number of years of contribution that is currently required to access an ordinary pension when they reach the retirement age.

Suggested Citation

  • Bucheli, Marisa & Forteza, Alvaro & Rossi, Ianina, 2010. "Work histories and the access to contributory pensions: the case of Uruguay," Journal of Pension Economics and Finance, Cambridge University Press, vol. 9(3), pages 369-391, July.
    • Handle: RePEc:cup:jpenef:v:9:y:2010:i:03:p:369-391_00
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    Citations

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    Cited by:

    1. Potrafke, Niklas, 2012. "Unemployment, human capital depreciation and pension benefits: an empirical evaluation of German data," Journal of Pension Economics and Finance, Cambridge University Press, vol. 11(2), pages 223-241, April.
    2. Gioia de Melo & Nicolás Castiñeiras & Analía Ardente & Oriana Montti & Braulio Zelko & Federico Araya, 2019. "Eligibility for retirement and replacement rates in the Uruguayan multi-pillar pension system (Elegibilidad para el retiro y tasas de reemplazo en el sistema previsional multi-pilar en Uruguay)," Revista Desarrollo y Sociedad, Universidad de los Andes,Facultad de Economía, CEDE, vol. 83(3), pages 105-144, September.
    3. Rodrigo Ceni, 2017. "Pension schemes and labor supply in the formal and informal sector," IZA Journal of Labor Policy, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 6(1), pages 1-29, December.
    4. Guillermo Cruces & Marcelo Bérgolo, 2013. "Informality and Contributory and Non-Contributory Programmes. Recent Reforms of the Social-Protection System in Uruguay," Development Policy Review, Overseas Development Institute, vol. 31(5), pages 531-551, September.
    5. Verónica Amarante & Andrés Dean, 2012. "Dinámica del mercado laboral uruguayo," Documentos de Trabajo (working papers) 12-17, Instituto de Economía - IECON.
    6. Alvaro Forteza & Irene Mussio, 2012. "Assessing Redistribution in the Uruguayan Social Security System," Journal of Income Distribution, Ad libros publications inc., vol. 21(1), pages 65-87, March.
    7. Patricia Peinado & Felipe Serrano, 2017. "Unemployment, wages and pensions," International Review of Applied Economics, Taylor & Francis Journals, vol. 31(5), pages 670-680, September.
    8. Florencia Amábile & Rómulo A. Chumacero, 2023. "Should I stay or should I go?: the economic incentives of intergenerational taxes and transfers in Uruguay," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 30(2), pages 493-524, April.

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