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The New Pension System and the Old Employment Problem. by Jorge Sabat, Academic Faculty of Economics and Business U. Andrés Bello
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The OECD’s new Pensions at a Glance report confirms that Chile achieved substantial progress in future pensions. Projected replacement rates increase by about 20 percentage points and the country scales to 19th place among 38 economies. After years of political, technical and social discussion, the estimated replacement rates for formal middle-income workers come close for the first time to the average of the developed world, leaving behind one …
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