Reshaping Retirement: Navigating Latin America's Pension Systems after COVID-19: Executive Summary
Date issued
May 2024
Publication
Subject
Pension Systems;
Coronavirus;
Labor Market;
Pandemics;
Women;
Labor Force;
Labor;
Rating
JEL code
I31 - General Welfare, Well-Being;
I38 - Government Policy • Provision and Effects of Welfare Programs;
J11 - Demographic Trends, Macroeconomic Effects, and Forecasts;
J14 - Economics of the Elderly • Economics of the Handicapped • Non-Labor Market Discrimination;
H55 - Social Security and Public Pensions;
H68 - Forecasts of Budgets, Deficits, and Debt;
J20 - Demand and Supply of Labor: General;
C22 - Time-Series Models • Dynamic Quantile Regressions • Dynamic Treatment Effect Models • Diffusion Processes;
G28 - Government Policy and Regulation;
J32 - Nonwage Labor Costs and Benefits • Retirement Plans • Private Pensions;
J33 - Compensation Packages • Payment Methods;
D31 - Personal Income, Wealth, and Their Distributions
Country
Argentina;
El Salvador;
Peru;
Chile
Category
Catalogs and Brochures
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 pandemics 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.
NO