Many developing countries, especially in Latin America and Eastern Europe, have unfunded pay-as-you-go public pension systems that face growing financial pressures. These emanate from a weak link between contributions and benefits, from widespread evasion, and from an aging population. Chile successfully reformed its public pension system in 1981 when it introduced a government mandated and regulated, but privately managed system. Based on individual...
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INFORMACIÓN
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1992/02/29
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Documento de trabajo sobre investigaciones relativas a políticas
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WPS867
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1
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1
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2010/07/01
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Disclosed
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The rationale and performance of personal pension plans in Chile
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real rate of return