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Voluntary Enrolment In The Peruvian Private Pension System

Li, Carmen A and Olivera, Javier (2008) Voluntary Enrolment In The Peruvian Private Pension System. Working Paper. University College London, Centre for the Study of Economic and Social Change in Europe.

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Abstract

One of the important aspects in the design of social protection is coverage. In Peru, as in most Latin American countries, social security participation is compulsory only for workers in the 'formal' sector. We investigate the determinants of voluntary enrolment in the private pension system in Peru. We found that a selected group of people i.e. married males (with more than high school education) living in high income households and with other family members already participating in the pension system, have a higher likelihood of participation. Although the results suggest that family based safety nets might be substitutes for pension participation, pension coverage and poverty relief remain as challenges for government involvement.

Item Type: Monograph (Working Paper)
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences > Economics, Department of
Depositing User: Jim Jamieson
Date Deposited: 09 Aug 2012 09:16
Last Modified: 09 Aug 2012 09:16
URI: http://repository.essex.ac.uk/id/eprint/3627

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