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El financiamiento de la seguridad social en el Uruguay (1896-2008): una aproximación a su análisis en el largo plazo

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  • Ulises Garcí­a Repetto

    (Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Economí­a)

Abstract

This paper presents an estimation of the revenues of the Uruguayan pension system, its financial situation and itsimpact on the Central Government finances between 1896 and 2008. The revenues and expenditures of the Social Security Bank (wich covers the retirement funds for workers of the Civil Service and Public Schools, Industry and Commerce, Rural and Domestic)are discussed. The paper also considers the public retirement funds directly paid by the State (for military and policy personnel)and others non public retirement funds (workers of the banking system, Notaries, University Professionals). We study the use of financial instruments, the evolution of the rights garanted to the beneficiaries and the various crises that affected the system that imposed a heavy burden on the finances of the central government. We also present an overview of the institutional process to organize the system and the institutional arrangements arrived at in different moments to salve the problems that emerged in terms of retirement and pension payments.

Suggested Citation

  • Ulises Garcí­a Repetto, 2011. "El financiamiento de la seguridad social en el Uruguay (1896-2008): una aproximación a su análisis en el largo plazo," Documentos de Trabajo (working papers) 11-09, Instituto de Economía - IECON.
    • Handle: RePEc:ulr:wpaper:dt-09-11
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    File URL: https://hdl.handle.net/20.500.12008/4207
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    References listed on IDEAS

    as
    1. Anna Caristo & Alvaro Forteza, 2003. "El déficit del Banco de Previsión Social y su impacto en las finanzas del gobierno uruguayo," Documentos de Trabajo (working papers) 0703, Department of Economics - dECON.
    2. Álvaro Forteza, 2007. "Efectos Distributivos de la Reforma de la Seguridad Social. El Caso Uruguayo," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 44(129), pages 31-58.
    3. Marisa Bucheli & Natalia Ferreira-Coimbra & Alvaro Forteza & Ianina Rossi, 2005. "El acceso a la jubilación o pensión en Uruguay: ¿cuántos y quiénes lo lograrían?," Documentos de Trabajo (working papers) 0106, Department of Economics - dECON.
    4. Alvaro Forteza & Anna Caristo & Natalia Ferreira-Coimbra & Ianina Rossi, 2004. "Pay-Roll Contribution Financed Social Protection Programs in Uruguay," Documentos de Trabajo (working papers) 0305, Department of Economics - dECON.
    5. Andrés Rius, 2001. "¿Por qué se atan las manos los políticos?: La racionalidad limitada de los reformadores y la reforma de la seguridad social en Uruguay," Documentos de Trabajo (working papers) 1101, Department of Economics - dECON.
    6. Alvaro Forteza, 2004. "Uruguay, Pensions and Fiscal Sustainability," Documentos de Trabajo (working papers) 0204, Department of Economics - dECON.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Social security; Financial balances; Crisis; Financial assistance;
    All these keywords.

    JEL classification:

    • N26 - Economic History - - Financial Markets and Institutions - - - Latin America; Caribbean
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions

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