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Pension Payouts in Chile:Past,Present,and Future Prospects
Defined contribution Payout market Phased withdrawal Life annuity
2016/3/18
One of the most interesting features of the Chilean pension system is that approximately two-thirds of all retirees purchase annuities, resulting in annuitization rates much higher than in other count...
Reforms to an Individual Account Pension System and their Effects on Work and Contribution Decisions:The Case of Chile
Pension systems Contributions Individual pension contributions Decision-making Social Protection Survey
2016/3/18
This study evaluates the effect of Chile’s pension system rules and regulations on individuals’ contribution and working decisions. In 1980 Chile was the first country to switch from a pay-as-you-go s...