University of Pennsylvania ScholarlyCommons Wharton Pension Research Council Working Wharton Pension Research Council Papers 1-1996 Social Security Reform in Uruguay: An Economic Assessment Olivia S. Mitchell The Wharton School, Univ. of PA,
[email protected] Follow this and additional works at: https://repository.upenn.edu/prc_papers Part of the Economics Commons Mitchell, Olivia S., "Social Security Reform in Uruguay: An Economic Assessment" (1996). Wharton Pension Research Council Working Papers. 527. https://repository.upenn.edu/prc_papers/527 This paper is posted at ScholarlyCommons. https://repository.upenn.edu/prc_papers/527 For more information, please contact
[email protected]. Social Security Reform in Uruguay: An Economic Assessment Abstract This paper offers an assessment of the Uruguayan social security reform plan enacted in 1995. We analyze several positive developments, identify remaining questions about the emerging outlines of the Uruguayan plan, and compare this reform to others underway in Latin America. Recommendations center on methods of bringing the Uruguayan system closer to long-run solvency, means of increasing the efficacy of the public and private pension systems, and techniques of strengthening private sector opportunities to take over more money management and insurance functions. Disciplines Economics This working paper is available at ScholarlyCommons: https://repository.upenn.edu/prc_papers/527 Social Security Reform in Uruguay: An Economic Assessment Olivia S. Mitchell PRC WP 1996-20 Winter 1996 Pension Research Council 3641 Locust Walk, 304 CPC Wharton School, University of Pennsylvania Philadelphia, PA 19104-6218 Tel: 215/898-0424 h Fax: 215/898-0310 http://prc.wharton.upenn.edu/prc/prc.html *Mitchell is the International Foundation of Employee Benefit Plans Professor of Insurance and Risk Management, and Executive Director of the Pension Research Council, at the Wharton School of the University of Pennsylvania; and Research Associate, NBER.