El financiamiento de la seguridad social en el Uruguay (1896-2008): una aproximación a su análisis en el largo plazo

Ulises Repetto ()
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Ulises Repetto: Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Economí­a

No 11-09, Documentos de Trabajo (working papers) from Instituto de Economía - IECON

Abstract: This paper presents an estimation of the revenues of the Uruguayan pension system, its financial situation and itsimpact on the Central Government finances between 1896 and 2008. The revenues and expenditures of the Social Security Bank (wich covers the retirement funds for workers of the Civil Service and Public Schools, Industry and Commerce, Rural and Domestic)are discussed. The paper also considers the public retirement funds directly paid by the State (for military and policy personnel)and others non public retirement funds (workers of the banking system, Notaries, University Professionals). We study the use of financial instruments, the evolution of the rights garanted to the beneficiaries and the various crises that affected the system that imposed a heavy burden on the finances of the central government. We also present an overview of the institutional process to organize the system and the institutional arrangements arrived at in different moments to salve the problems that emerged in terms of retirement and pension payments.

Keywords: Social security; Financial balances; Crisis; Financial assistance (search for similar items in EconPapers)
JEL-codes: H55 N26 (search for similar items in EconPapers)
Pages: 72 pages
Date: 2011-11
New Economics Papers: this item is included in nep-age and nep-his
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Persistent link: https://EconPapers.repec.org/RePEc:ulr:wpaper:dt-09-11

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