Beyond the privatization and re-nationalisation of the Argentine pension system: coverage, fragmentation, and sustainability
In 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.
|Date of creation:||29 Nov 2012|
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- 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.
- 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, vol. 47(7), pages 1061-1079.
- 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 467787, International Labour Organization.
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