Los adultos mayores, tienen grandes dificultades en recordar las fechas en que tienen que cancelar sus servicios, prestamos, seguros y todo pago en general. Urge contar, con una aplicación que les permita la correcta gestión de su dinero. El objetivo de la investigación fue determinar las principales variables que influyen en la decisión de usar, una aplicación digital de gestión de pensiones,...
We estimate the effect of a permanent income increase on the health outcomes of the elderly poor. Our regression discontinuity design exploits an eligibility cutoff in a Chilean basic pension program that grants monthly payments to retirees without a contributory pension. Using administrative data, we find that four years after applying, basic pension recipients are 2.7 percentage points less...
El propósito de este estudio es proveer un análisis de la situación actual de los montos de las pensiones que reciben los jubilados y las tasas de reemplazo que estas implican. Analizar los dos indicadores en forma conjunta permite realizar una evaluación más integral del sistema de pensiones al menos en dos de sus objetivos: suavizar consumo al pasar de vida activa a vida pasiva y de aliviar...
In recent years the Mexican pension system has changed significantly. In 2019 the existing means-tested social pension was made universal – covering everyone over the age of 65 – and the benefit level increased. In 2020, the main regime of the private sector was substantially reformed, increasing contribution rates for the funded defined contribution system, lowering the minimum years of...
In the wake of the global turmoil unleashed by COVID-19, Latin America and the Caribbean faces a glaring gap in understanding the impact of the pandemic on pension systems. Through a collaboration between research centers across the region and the Inter-American Development Bank, this book aims to fill that gap. Case studies focusing on Argentina, Chile, El Salvador, and Peru explore the...
This paper takes stock of Chile’s defined contribution pension system and assesses reform options aimed at increasing replacement rates. An international comparison shows that, despite being quite influential when established, it is now delivering low replacement rates relative to OECD peers, as its parameters did not adapt over time to changing demographics, declining global returns,...
Citizens and politicians rely on their knowledge of a pension system, particularly its redistributive features, when forming their preferences and evaluating its fairness. Taking advantage of the Bismarckian rule of proportionality in Germany, we provide experimental and survey-based evidence indicating that voters and politicians adjust their preferences and perceptions of fairness when new...
Latin American countries have been at the forefront of pension privatization and since 2008 they have also pioneered reform reversals. Previous studies have focused on single cases or a small number of them, given that pension reform is a complex phenomenon arising from the combination of different causes. Using fuzzy-set Qualitative Comparative Analysis (fsQCA), the article analyzes a set of 32...
This paper develops an overlapping generations model that links a public health system to a pay-as-you-go (PAYG) pension system. It relies on two assumptions. First, the health system directly finances curative health spending on the elderly. Second, public pensions partially depend on health status by introducing a component indexed to society's average level of old-age disability. Reducing the...
Redistributive so-called social pension schemes have seen a remarkable surge in developing countries. These schemes often target the rural elderly and correlate with urbanization rates, urban rural-wage differentials, and family norms. We use this stylized evidence to motivate a political economy model for a Beveridgean pension system with trade-offs between four groups: the (poorer) rural old and...
