
Chile’s Pension Reform Makes a Case for Political Compromise
The reform raises mandatory contributions and improves women’s benefits, while carrying a high fiscal cost.
The reform raises mandatory contributions and improves women’s benefits, while carrying a high fiscal cost.
The government wants to overhaul the pension system, but a gradual modernization would be a more effective path.
Despite having a minority in the upper house, the ruling Pacto Histórico may get the toned-down proposal approved. The House of Representatives will be tougher.
Chile’s young president faces sinking approval, as does the constitutional convention ahead of a critical September plebiscite.
Políticos oportunistas se han aprovechado de la angustia en medio de la pandemia.
Political opportunists have taken advantage of the angst amid the pandemic.
In Chile, Peru and elsewhere, governments are loosening regulations on pension withdrawals. What are the risks?
Protesters cite the Pinochet-era retirement scheme as their top grievance. Fixing it will mean a return to basic principles of social security.