Considerations on social security, income security, pensions and the withdrawal of 10 per cent of workers’ private pension fund savings during the COVID-19 pandemic in Chile

The COVID-19 health crisis has severely affected households’ economic security, requiring a timely, broad-based response by the social security system. The need to offset the devastating decline in the labour income of households has created tensions with the principles on which the different income security components operate and reveals the need to rethink the future of social security.