Following Chile's pension reform in 1981, a wave of multi-pillar pension reforms took place in Latin America (LAC). Their implementation has revealed new policy challenges. To shed light on these issues, this paper reviews the structure and performance of mandatory DC pillars in LAC. The review highlights three important points. First, it suggests overall positive outcomes from reforms in the LAC countries that implemented multi-pillar pension systems...
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2008/09/01
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Documento de trabalho sobre pesquisa de políticas
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WPS4720
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1
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1
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2010/07/01
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Disclosed
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General trends in competition policy and investment regulation in mandatory defined contribution markets in Latin America
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rate of return on equity
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