Compulsory pension provision in Chile was reformed over 20 years ago when the AFP system was intr... more Compulsory pension provision in Chile was reformed over 20 years ago when the AFP system was introduced in May 1981. Since then, the state has developed a complex structure of regulations to supervise the pensions and healthcare sectors.
Download a branded Cambridge Journals Online toolbar (for IE 7 only). What is this? ... Add Cambr... more Download a branded Cambridge Journals Online toolbar (for IE 7 only). What is this? ... Add Cambridge Journals Online as a search option in your browser toolbar. What is this? ... Workable Pensions Systems: Reforms in the English-Speaking Caribbean. By P. Desmond Brunton ...
Latin America - AFP Disability and Survivors Insurance Market (1981 to 199b), 1998
Primary background research documents developed and presented in 1998 when carrying out a review ... more Primary background research documents developed and presented in 1998 when carrying out a review of public policy options for the Peruvian AFP system. Hitherto unpublished, but likely of interest to international actuaries, insurance and retirement/pensions specialists, especially relating to practices in Chile, Peru, Colombia, Mexico, Uruguay, Bolivia and Argentina. The latter two countries have since wound up their individual DC pension programs, but the others are still active - although the conditions may not be current.
SIIA Conferences - Global Disability Trends (May-19), 2019
A comparative review of current short-term and long-term disability programs in 7 countries - 4 i... more A comparative review of current short-term and long-term disability programs in 7 countries - 4 in LATAM (Chile, Peru, Colombia and Mexico) and 23 in EU (Germany, Netherlands and UK).
All 7 STD models have markedly different approaches and financial models of income replacement when out on sick leave, assigning differing roles to employers and public agencies.
The LATAM LTD models are similar market rated pure insurance programs leading to comprehensive, life-long annuities, i.e. little room for supplementation, whereas EU models are diverse and leave considerable room for private sector supplementary solutions.
A high-level review of long-term disability and short-term incapacity (income protection) program... more A high-level review of long-term disability and short-term incapacity (income protection) programs in 4 Latin American countries (Mexico, Colombia, Peru and Chile) and 3 EU countries (Germany, Netherlands and UK), reviewing social security regulations and private sector insurance plans and supplementary solutions for employees and self-employed.
SIIA Conferences - Global Disability Trends 2019, 2019
A comparative review of current short-term and long-term disability programs in 7 countries - 4 i... more A comparative review of current short-term and long-term disability programs in 7 countries - 4 in LATAM (Chile, Peru, Colombia and Mexico) and 23 in EU (Germany, Netherlands and UK).
All 7 STD models have markedly different approaches and financial models of income replacement when out on sick leave, assigning differing roles to employers and public agencies.
The LATAM LTD models are similar market rated pure insurance programs leading to comprehensive, life-long annuities, i.e. little room for supplementation, whereas EU models are diverse and leave considerable room for private sector supplementary solutions.
Compulsory pension provision in Chile was reformed over 20 years ago when the AFP system was intr... more Compulsory pension provision in Chile was reformed over 20 years ago when the AFP system was introduced in May 1981. Since then, the state has developed a complex structure of regulations to supervise the pensions and healthcare sectors.
Download a branded Cambridge Journals Online toolbar (for IE 7 only). What is this? ... Add Cambr... more Download a branded Cambridge Journals Online toolbar (for IE 7 only). What is this? ... Add Cambridge Journals Online as a search option in your browser toolbar. What is this? ... Workable Pensions Systems: Reforms in the English-Speaking Caribbean. By P. Desmond Brunton ...
Latin America - AFP Disability and Survivors Insurance Market (1981 to 199b), 1998
Primary background research documents developed and presented in 1998 when carrying out a review ... more Primary background research documents developed and presented in 1998 when carrying out a review of public policy options for the Peruvian AFP system. Hitherto unpublished, but likely of interest to international actuaries, insurance and retirement/pensions specialists, especially relating to practices in Chile, Peru, Colombia, Mexico, Uruguay, Bolivia and Argentina. The latter two countries have since wound up their individual DC pension programs, but the others are still active - although the conditions may not be current.
SIIA Conferences - Global Disability Trends (May-19), 2019
A comparative review of current short-term and long-term disability programs in 7 countries - 4 i... more A comparative review of current short-term and long-term disability programs in 7 countries - 4 in LATAM (Chile, Peru, Colombia and Mexico) and 23 in EU (Germany, Netherlands and UK).
All 7 STD models have markedly different approaches and financial models of income replacement when out on sick leave, assigning differing roles to employers and public agencies.
The LATAM LTD models are similar market rated pure insurance programs leading to comprehensive, life-long annuities, i.e. little room for supplementation, whereas EU models are diverse and leave considerable room for private sector supplementary solutions.
A high-level review of long-term disability and short-term incapacity (income protection) program... more A high-level review of long-term disability and short-term incapacity (income protection) programs in 4 Latin American countries (Mexico, Colombia, Peru and Chile) and 3 EU countries (Germany, Netherlands and UK), reviewing social security regulations and private sector insurance plans and supplementary solutions for employees and self-employed.
SIIA Conferences - Global Disability Trends 2019, 2019
A comparative review of current short-term and long-term disability programs in 7 countries - 4 i... more A comparative review of current short-term and long-term disability programs in 7 countries - 4 in LATAM (Chile, Peru, Colombia and Mexico) and 23 in EU (Germany, Netherlands and UK).
All 7 STD models have markedly different approaches and financial models of income replacement when out on sick leave, assigning differing roles to employers and public agencies.
The LATAM LTD models are similar market rated pure insurance programs leading to comprehensive, life-long annuities, i.e. little room for supplementation, whereas EU models are diverse and leave considerable room for private sector supplementary solutions.
Dissertation submitted 1983 "Institutional Provision for Old Age in Great Britain and The Federal... more Dissertation submitted 1983 "Institutional Provision for Old Age in Great Britain and The Federal Republic of Germany" - A comparison of Gross Capital Formation in terms of GDP and Public vs Private provision for economic security in old age." The analysis points to the following conclusions: a) That total pension benefit provision in the two countries is at a similar level; b) In Germany, some 90% of total pension is provided through statutory schemes, compared with only 60% in Britain - the balance in each case arising from occupational pension schemes;
c) Capital formation in Germany for pension is at only half the rate which exists in Britain (when compared to GDP);
d) In Germany, the application of accumulated capital for pensions is predominantly (70%) in the form of internal corporate (balance sheet) reserves. There is no significant contribution to the capital markets. In Britain, the accumulated capital for pension is invested through the capital markets;
e) Savings for old age are substantial and are secured by being widely deployed by British pension schemes. In Germany the amounts are relatively modes and are closely held. They are secured by means of a nationally imposed insolvency guarantee insurance system; and
f) Future demands on State revenues from pensioners will be significantly less in Britain that in Germany.
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All 7 STD models have markedly different approaches and financial models of income replacement when out on sick leave, assigning differing roles to employers and public agencies.
The LATAM LTD models are similar market rated pure insurance programs leading to comprehensive, life-long annuities, i.e. little room for supplementation, whereas EU models are diverse and leave considerable room for private sector supplementary solutions.
All 7 STD models have markedly different approaches and financial models of income replacement when out on sick leave, assigning differing roles to employers and public agencies.
The LATAM LTD models are similar market rated pure insurance programs leading to comprehensive, life-long annuities, i.e. little room for supplementation, whereas EU models are diverse and leave considerable room for private sector supplementary solutions.
All 7 STD models have markedly different approaches and financial models of income replacement when out on sick leave, assigning differing roles to employers and public agencies.
The LATAM LTD models are similar market rated pure insurance programs leading to comprehensive, life-long annuities, i.e. little room for supplementation, whereas EU models are diverse and leave considerable room for private sector supplementary solutions.
All 7 STD models have markedly different approaches and financial models of income replacement when out on sick leave, assigning differing roles to employers and public agencies.
The LATAM LTD models are similar market rated pure insurance programs leading to comprehensive, life-long annuities, i.e. little room for supplementation, whereas EU models are diverse and leave considerable room for private sector supplementary solutions.
b) In Germany, some 90% of total pension is provided through statutory schemes, compared with only 60% in Britain - the balance in each case arising from occupational pension schemes;
c) Capital formation in Germany for pension is at only half the rate which exists in Britain (when compared to GDP);
d) In Germany, the application of accumulated capital for pensions is predominantly (70%) in the form of internal corporate (balance sheet) reserves. There is no significant contribution to the capital markets. In Britain, the accumulated capital for pension is invested through the capital markets;
e) Savings for old age are substantial and are secured by being widely deployed by British pension schemes. In Germany the amounts are relatively modes and are closely held. They are secured by means of a nationally imposed insolvency guarantee insurance system; and
f) Future demands on State revenues from pensioners will be significantly less in Britain that in Germany.