1887

Pensions at a Glance

Latin America and the Caribbean

image of Pensions at a Glance

This comprehensive examination of pension systems in Latin America and the Caribbean looks at recent trends in retirement and working at older ages, evolving life expectancy, design of pension systems, and pension entitlements before providing a series of country profiles. The special chapter analyses the coverage and adequacy of Latin American pension systems.

 

 

English Spanish, Portuguese

.

Net pension replacement rates

For average earners, the net replacement rate across the LAC averages 66%, which is 4 percentage points higher than the gross replacement rate. This reflects the higher taxes and contributions that people paid on their earnings when working than they pay on their pensions in retirement. Net replacement rates again vary across a large range, from under 24% in the Dominican Republic to well over 100% in Ecuador and Paraguay for average earners.

English

Tables

Graphs

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error