The Brazilian pension system: the case for a lasting reform

The reform of pension systems has been a main concern both in the developed and in the developing world. The basic reason is the growing awareness of the adverse effects of two demographic factors on the pay-as-you-go pension system: decrease in fertilityand increase in longevity. Analyzing the weak...

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Detalles Bibliográficos
Autor: Faro, Clovis de
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:1996
País:Brasil
Institución:Fundação Getulio Vargas (FGV)
Repositorio:Revista de Administração Pública
Idioma:portugués
OAI Identifier:oai:ojs.periodicos.fgv.br:article/7999
Acceso en línea:https://periodicos.fgv.br/rap/article/view/7999
Access Level:acceso abierto
Palabra clave:social security
sharing system
capitalization system.
seguridad social
sistema de reparto
financiado sistema.
previdência social
sistema de repartição
sistema de capitalização.
Descripción
Sumario:The reform of pension systems has been a main concern both in the developed and in the developing world. The basic reason is the growing awareness of the adverse effects of two demographic factors on the pay-as-you-go pension system: decrease in fertilityand increase in longevity. Analyzing the weakness of the pay-as-you-go pension system, the article advocates the adoption of the capitalization system, an experience that has been very successful in the Chilean case.