Explore pension coverage in Latin America and the Caribbean and potential pension reforms to reach universally in the region.
Better Pensions, Better Jobs
* This course is presented in Spanish.
In the coming decades, pensions will become one of the cornerstones of economic and social policies in Latin America and the Caribbean (LAC).
The reason? In 2050 there will be in the region three times older adults now, with increased life expectancy and therefore greater care needs.
Those seniors of the future are now in a labor market where only 4 in 10 workers contribute to a pension system. This means that today 130 million people are working without saving for your pension in LAC.
In the absence of reforms, including sustained growth in the region, 1 in 2 retirees will not have an adequate pension, leaving between 66 and 83 million seniors or families depending on the state for support, which is economic, fiscally and socially unsustainable.
In this course we understand the complexities facing the labor market in LAC and, therefore, its pension system. Let's clarify policies can be formulated in different contexts in the region that could lead to a more efficient functioning of labor markets and thus offer "better pensions" to all seniors, not just a few.
The preparation of this course was funded by the Special Program for Institutional Development (SPID) of the Inter-American Development Bank. More information on the website of the SPID.
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