A research of pension reform in Chile

• Main Authors: Wen-Yen Lin, 林文彥
• Other Authors: Hsiao-Chuan Chen
• Format: Others
• Language: zh-TW
• Published: 2005
• Online Access: http://ndltd.ncl.edu.tw/handle/64211697379005458961

碩士 === 淡江大學 === 拉丁美洲研究所碩士班 === 93 === On getting older the demographic trend, aging society is coming. It accompany a lot of agenda about elderly persons, including the economic safety, health care etc…Above all, the economic safety of elderly persons is the most important issue. So called “welfare state”, facing the challenge of demographic trend, it has caused the big deficits, derived from the fall earning and the increase in expenditure. Therefore they need to reform its pension system. For the county in the way of development, the same situation they will face in the near future. Now it’s the best moment for them to reform. The current Chilean pension system came into force in November 1980 with the publication of Decree-Law No.3500. It encompassed old age, disability and survivor’s benefits on the basis of compulsory personal capitalization .The worker is responsible for building up his or her own pension. The government just plays the role of surveillance and making the law. They offer the minimum pension only when the worker fail to accumulate sufficient money in their own account .Since pension reform has been reformed, it not only directly improves the situation of elderly persons , but also attributes to the development of domestic economy and social progress. After 24 years operating, the reform show the considerable successful result .There are many counties has learned lesson form Chilean experience. For example, the Latin America and Central and Eastern counties etc….Furthermore, the U.S.A. also take Chilean model into account. Taiwan’s retirement system will reform in July this year. It adopts the individual account system as well. In summary, Chilean model has influence a lot of county those wants to reform its pension system. The main purpose of this thesis is to analyze the background and the reason why Chile reform its pension system. I wish to offer Taiwan’s reform more possibility. Let Taiwan’s reform can go through well and prevent form happening the same problem the Chile went through and take the good use of Chilean successful experience.