NOTE:  Chile's Next Generation Pension Reform

by Barbara E. Kritzer
Social Security Bulletin, Vol. 68 No. 2, 2008
Table equivalent for Chart 1. Evolution of selected pension fund investments, by type, 1981–2006 (percent of total investments)
Year Government debt Corporate stocks Corporate bonds Foreign
1981 28.07 0.00 0.60 0.00
1982 26.00 0.00 0.60 0.00
1983 44.46 0.00 2.20 0.00
1984 42.06 0.00 1.80 0.00
1985 42.44 0.01 1.10 0.00
1986 46.64 3.75 0.80 0.00
1987 41.36 6.22 2.60 0.00
1988 35.41 8.08 6.40 0.00
1989 41.58 10.10 9.10 0.00
1990 44.07 11.29 11.14 0.00
1991 38.30 23.81 11.09 0.00
1992 40.89 24.01 9.60 0.00
1993 39.30 31.77 7.30 0.57
1994 39.69 32.07 6.30 0.90
1995 39.41 29.37 5.30 0.20
1996 42.10 25.08 4.70 0.54
1997 39.59 22.62 3.30 1.25
1998 40.96 14.53 3.77 5.73
1999 34.59 11.89 3.79 13.42
2000 35.73 11.10 4.04 10.88
2001 35.02 9.95 6.16 13.35
2002 29.99 9.04 7.14 15.20
2003 24.70 13.55 7.66 23.89
2004 18.67 14.7 6.84 27.24
2005 16.45 13.91 6.62 30.41
2006 13.09 16.14 7.84 32.3
SOURCE: SAFP 2007.
Table equivalent for Chart 2. Percentage of affiliates that contributed to their individual accounts, 1982–2007
Year Percent
1982 73.61
1983 75.92
1984 70.45
1985 68.23
1986 68.46
1987 70.01
1988 68.10
1989 65.33
1990 61.22
1991 60.52
1992 60.78
1993 59.30
1994 57.43
1995 55.67
1996 56.02
1997 57.03
1998 53.55
1999 53.43
2000 50.91
2001 53.68
2002 51.15
2003 51.85
2004 50.45
2005 51.18
2006 51.50
2007 53.82
SOURCE: SAFP 2007 and SUPEN 2007–2008.