Research & Analysis About Colombia
International Update
A monthly publication covering recent developments in foreign private and public pensions, social security, and retirement.
September 2020 · July 2020 · September 2013 · October 2012 · April 2012 · September 2010 · August 2009 · May 2008 · April 2008 · July 2005 · August 2004 · January 2004
Social Security Programs Throughout the World
A biannual publication highlighting the principal features of social security programs in more than 170 countries. Published in collaboration with the International Social Security Association, one of four regional volumes was issued every six months.
The Americas: 2019 · 2017 · 2015 · 2013 · 2011 · 2009 · 2007 · 2005 · 2003
Next Generation of Individual Account Pension Reforms in Latin America
This article examines the recent reforms in individual account systems in Latin America, with a focus on the recent overhaul of the Chilean system and major reforms in Mexico, Peru, and Colombia. The authors analyze key elements of pension reform in the region relating to individual accounts: system coverage, fees, competition, investment, the impact of gender on benefits, financial education, voluntary savings, and payouts.
Individual Accounts in Other Countries
To date, more than 30 countries have established some form of individual accounts in their retirement systems. This article identifies those countries, categorizes how the individual accounts fit into their retirement income systems, and identifies some basic characteristics of the accounts. Because this analysis of individual accounts is intended to inform the current United States debate involving Social Security, the discussion is limited to countries in which such accounts are part or all of a mandatory retirement income program.
Social Security Reform in Central and Eastern Europe: Variations on a Latin American Theme
The Latin American model of social security reform with individual accounts has been adopted by a number of Central and Eastern European countries. That alternative to a pay-as-you-go system is sometimes advocated as a desirable model for solving problems in developed systems such as that of the United States. This article describes the Central and Eastern European systems and compares them with the Latin American systems.
Social Security Privatization in Latin America
The new, partially privatized social security system adopted by Chile in 1981 has since been implemented, with some variations, in a number of Latin American and old-world transition economies with either a single- or multi-tier system. That alternative to a pay-as-you-go system is sometimes advocated as a desirable model for solving problems in developed systems, such as that of the United States. This article describes the new programs in Latin America, their background, and similarities and differences among them.