Pay as you go system versus Fully funded pension in Peru

The following paper analyses the sustainability of the Peruvian “Pay as You Go System” which is provided by the Government -- In Peru, the “Pay as you Go System” coexists with Private Pension Funds or “Fully Funded Pension” -- Sometimes both systems compete with each other with advantages and disadv...

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Detalhes bibliográficos
Autores: Guillén, Jorge B., Mosqueda, Ruben
Tipo de documento: artigo
Estado:Versão publicada
Data de publicação:2013
País:Colombia
Recursos:Universidad EAFIT
Repositório:Repositorio EAFIT
Idioma:inglês
espanhol
OAI Identifier:oai:repository.eafit.edu.co:10784/7834
Acesso em linha:http://hdl.handle.net/10784/7834
Access Level:Acceso aberto
Palavra-chave:G18
G21
G23
Fondos de pensiones - Perú
Sistema pensional - Perú
Fondos privados de pensiones
FONDOS DE PENSIONES
Pension funds
Descrição
Resumo:The following paper analyses the sustainability of the Peruvian “Pay as You Go System” which is provided by the Government -- In Peru, the “Pay as you Go System” coexists with Private Pension Funds or “Fully Funded Pension” -- Sometimes both systems compete with each other with advantages and disadvantages between them -- We found that “Pay as You Go System” cannot be sustainable over a long period of time -- In addition, based on a comparative analysis of advantages and disadvantages, we propose some recommendations to make Private Pension Funds (Fully Funded Pension) the best alternative to Pay as You Go System