Chapter

Pension Payouts in Chile: Past, Present, and Future Prospects

Jose Ruiz and Olivia S. Mitchell

in Securing Lifelong Retirement Income

Published in print May 2011 | ISBN: 9780199594849
Published online September 2011 | e-ISBN: 9780191729119 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199594849.003.0007
Pension Payouts in Chile: Past, Present, and Future Prospects

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This chapter reviews recent developments in the payout market for Chilean pensions, focusing particularly on the role of annuities, and illustrates what makes the payout market in Chile so different from those in other nations.

Keywords: Chile; defined contribution; social insurance; phased withdrawals; lifetime annuities; minimum pension guarantee; pay-as-you-go; SCOMP system; money's worth; pensions

Chapter.  7782 words.  Illustrated.

Subjects: Pensions

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