Pension systems are fundamental pillars of both present and future well-being for populations in any society. But what exactly are they, and how do they work in Latin America and the Caribbean? In this article, we break down the "ABCs"—the essential basics you need to understand pension systems in the region. We also provide a guide to their structure, how they … [Read more...] about How to Understand Pension Systems and Social Security? The ABCs of Pensions in Latin America and the Caribbean
Daniel Gamboa
Daniel Gamboa es consultor de la División de Protección Social y Mercados Laborales del BID, en donde coordina la Red de apoyo técnico para Servicios Públicos de Empleo de América Latina y el Caribe (Red SEALC). Previamente coordinó la Red de Pensiones de América Latina y el Caribe y coordina esfuerzos en diferentes países para fortalecer los sistemas pensionales de la región. Aplicó su experiencia como economista en el diseño y evaluación de políticas públicas enfocadas a la fortalecer la seguridad social en Colombia. Cuenta con una Maestría en Economía de la Universidad de los Andes, donde también se desempeñó como investigador en temas de seguridad, violencia, educación y productividad laboral en la Universidad de los Andes (Colombia).
Is it possible to establish a fair retirement age? What the world experience says
The aging process of the population in Latin America and the Caribbean will only accelerate in the coming decades. We will need to revise the retirement age in our countries in line with demographic change to guarantee reasonable retirement amounts and the financial sustainability of pensions. Raising retirement age allows us to broaden the contribution base and, at the … [Read more...] about Is it possible to establish a fair retirement age? What the world experience says
In search of financially sustainable pension systems: three benchmark models
One of the great dilemmas facing countries around the world is to define a pension system that is financially sustainable in the face of increasing life expectancy, falling fertility rates and the consequent lack of generational replacement. Globally, pension reforms in countries with more advanced aging processes have focused on implementing parametric reforms and … [Read more...] about In search of financially sustainable pension systems: three benchmark models
Life annuities: an opportunity for innovation in Latin America and the Caribbean
It is at work that one finds true happiness. Fyodor Dostoevsky In Latin America and the Caribbean, we are at a critical moment to rethink how work and its rewards - such as our pensions- can guarantee the happiness that Fyodor Dostoevsky spoke of, but in the later stages of our lives. The large increase in life expectancy expected in the coming decades for the … [Read more...] about Life annuities: an opportunity for innovation in Latin America and the Caribbean