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Development Centre Studies: The Second-Generation Pension Reforms in Latin America   Development Centre Studies: The Second-Generation Pension Reforms in Latin America, by Monica Queisser More than a decade after Chile moved from a public pay-as-you-go to a private funded pension system, seven more countries in Latin America have reformed their pension systems. This study provides a detailed description of all second-generation pension reforms in Latin America to date, evaluates the first years of operations of the new systems and outlines the problems and challenges which the systems are still facing. The basic common feature of the second generation pension reforms in Latin America is a greater role for funded, privately managed pensions. A move towards more funding is currently also discussed in many OECD countries as one possibility to confront the effects of ageing populations on pay-as-you-go pension systems. Thus, the Latin American reform experience is interesting not o

United statesMonica queisserDevelopment centreCentre studiesSecond generation pension reformsLatin americaLatin americanஒன்றுபட்டது மாநிலங்களில்வளர்ச்சி மையம்லத்தீன் அமெரிக்காலத்தீன் அமெரிக்கன்