Abstract
This chapter analyses the non-contributory pension system in Peru and considers various options for expanding and strengthening it. Firstly, it provides background on the contributory system —describing its institutional framework and coverage, the sufficiency of its entitlements and the financial-sustainability challenges it faces. This analysis makes clear the importance of strengthening the non-contributory pension system in Peru. Based on these conclusions, the chapter then reviews the scope and sufficiency
of the non-contributory system, as well as the fiscal commitment that it currently demands. The chapter notes that expanding and strengthening the non-contributory system requires a comprehensive analysis to be made of the pension system as a whole, and that any weakening of the contributory system is bound to affect the non-contributory component.
of the non-contributory system, as well as the fiscal commitment that it currently demands. The chapter notes that expanding and strengthening the non-contributory system requires a comprehensive analysis to be made of the pension system as a whole, and that any weakening of the contributory system is bound to affect the non-contributory component.
Translated title of the contribution | Peru: Opportunities to strengthen the non-contributory pension system |
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Original language | Spanish |
Title of host publication | Sistemas de pensiones no contributivos en América Latina y el Caribe |
Subtitle of host publication | Avanzar en solidaridad con sostenibilidad |
Editors | Alberto Arenas de Mesa, Claudia Robles |
Place of Publication | Santiago |
Chapter | 6 |
Pages | 231-264 |
State | Published - 2024 |
Publication series
Name | Libros de la CEPAL |
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Number | 164 |
Keywords
- Pensions
- Peru