Pensions at a Glance
Latin America and the Caribbean
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.
Also available in: Spanish, Portuguese
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Peru
The system allows people to choose either a public pay-as-you-go and defined-benefit scheme or a defined-contribution scheme managed by the private sector. The minimum pension only covers affiliates of the pay-as-you-go scheme; the pension fund option has not been established.
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