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Work histories and the access to contributory pensions: the case of Uruguay

Published online by Cambridge University Press:  18 August 2008

MARISA BUCHELI
Affiliation:
Departamento de Economía, Facultad de Ciencias Sociales, Universidad de la República, Uruguay (e-mail: [email protected], [email protected], [email protected])
ALVARO FORTEZA
Affiliation:
Departamento de Economía, Facultad de Ciencias Sociales, Universidad de la República, Uruguay (e-mail: [email protected], [email protected], [email protected])
IANINA ROSSI
Affiliation:
Departamento de Economía, Facultad de Ciencias Sociales, Universidad de la República, Uruguay (e-mail: [email protected], [email protected], [email protected])

Abstract

Incomplete and highly fragmented work histories threaten to leave many contributors of the pension schemes in Latin America without the minimum pension guarantee or even without access to the ordinary pension. We propose a methodology to assess this risk, identify vulnerable groups and study potential determinants of the history of contributions using information from the work history records of the social security institutions. We apply this methodology to the largest social security institution of Uruguay, the Banco de Previsión Social (BPS), and show that the majority of contributors to this institution might not comply with the minimum number of years of contribution that is currently required to access an ordinary pension when they reach the retirement age.

Type
Articles
Copyright
Copyright © Cambridge University Press 2008

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