OECD calls for pension reform in Chile

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CHILE - The Organisation for Economic Co-operation and Development (OECD) has called for pension reform in Chile to off-set uncertainty about the future cost of the guarantee of a minimum pension.

The OECD’s recommendation, made in its economic survey of Chile 2005, is based on data which found that coverage of the pension system, and the density of contributions, are low. Only 55% of the...

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