ESS Paper Series (SECSOC) - ESS 44

Reversing pension privatization. The experience of Argentina, Bolivia, Chile and Hungary

A systematic analysis of the reforms of private pensions systems in four countries due to initial failures in design and performance after its implementation.

This document presents advantages and flaws of the structural reforms and private pension systems before the re-reform and analyses legal features and socio-economic effects of the re-reforms. The analysis focus on ten selected social security principles: social dialogue, universal coverage, equal treatment, social solidarity, gender equity, benefits sufficiency, efficiency and reasonable administrative costs, social participation, state role and supervision, financial sustainability.