Pension Payouts in Chile: Past, Present, and Future Prospects
Chapter 7 Pension Payouts in Chile: Past, Present, and Future Prospects
- Securing Lifelong Retirement Income
Olivia S. Mitchell
- Oxford University Press
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.
Chile, defined contribution, social insurance, phased withdrawals, lifetime annuities, minimum pension guarantee, pay-as-you-go, SCOMP system, money's worth, pensions
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