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
Ekaterina Cuéllar
Ekaterina Cuellar Khmelevskaia is an Advisor to the IDB Representation in Colombia. Previously, she worked as a consultant in the IDB's Labor Markets Division, where she supported the coordination of the Latin American and Caribbean Pensions Network (PLAC Network). Before joining the IDB, she served as Head of Economic Research and as a macroeconomic and sectoral researcher at ANIF, a renowned Colombian think tank. In this role, she contributed to the formulation and evaluation of structural reform proposals in fiscal, labor, and social security sectors, which were discussed with various governments. She holds a bachelor’s degree in economics from Universidad de los Andes and a master’s degree in Economics from the Plekhanov Russian University of Economics.
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
Pensions: What can we learn from countries with more advanced aging processes?
Latin America and the Caribbean is on its way to becoming an “aged” region. United Nations population projections leave no room for doubt: in the coming decades, the region will face a scenario of low birth rates and increasing longevity, which will put pension systems at risk. By 2050, the region's population structure will no longer be shaped like a pyramid but like a column, … [Read more...] about Pensions: What can we learn from countries with more advanced aging processes?