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Basic Pensions in Latin America: Toward a Rights-Based Policy?

In: Citizen’s Income and Welfare Regimes in Latin America

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  • Camila Arza

Abstract

Social security development is not homogenous across Latin American countries. Some enacted their first pension schemes at the beginning of the twentieth century while others had to wait several decades until pension benefits were made available to a significant share of the workforce. Several countries still have very low pension coverage rates today. Despite these differences, some important pension design features are shared across countries, such as the widespread adoption of employment-related pension schemes based on the Bismarckian model. In recent decades, some of these pension schemes were transformed into privately administered systems of individual accounts.

Suggested Citation

  • Camila Arza, 2013. "Basic Pensions in Latin America: Toward a Rights-Based Policy?," Exploring the Basic Income Guarantee, in: Rubén Lo Vuolo (ed.), Citizen’s Income and Welfare Regimes in Latin America, chapter 0, pages 87-112, Palgrave Macmillan.
    • Handle: RePEc:pal:etbchp:978-1-137-07754-7_5
    DOI: 10.1057/9781137077547_5
    as

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