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Reshaping Retirement: Navigating Latin America’s Pension Systems after COVID-19

Author

Listed:
  • Izquierdo, Alejandro
  • Robles, Edgar A.
  • Tapia Troncoso, Waldo

Abstract

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 pandemic's impact on pensioners' well-being and benefit accumulation, highlighting the resilience of pension systems in the face of adversity and the critical role of public policies in shaping their fate. Offering insights into navigating uncertainty and crafting policies to improve the quality of life of the elderly, this book calls on policymakers, academics, and advocates to join forces in designing equitable, sustainable, and resilient pension systems for future generations.

Suggested Citation

  • Izquierdo, Alejandro & Robles, Edgar A. & Tapia Troncoso, Waldo, 2024. "Reshaping Retirement: Navigating Latin America’s Pension Systems after COVID-19," IDB Publications (Books), Inter-American Development Bank, number 13540, November.
    • Handle: RePEc:idb:idbbks:13540
    DOI: http://dx.doi.org/10.18235/0012969
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    References listed on IDEAS

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    3. Javier Olivera, 2016. "An Assessment of a Proposed Multi-Pillar Pension Reform in Peru," Apuntes. Revista de ciencias sociales, Fondo Editorial, Universidad del Pacífico, vol. 43(78), pages 9-40.
    4. Miguel Lorca, 2021. "Effects of COVID‐19 early release of pension funds: The case of Chile," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 88(4), pages 903-936, December.
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    More about this item

    Keywords

    Early Wiithdrawals; Pension reform;

    JEL classification:

    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt
    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions
    • J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods

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