Pensions: An Agenda halfway. IMPACT OF REFORM

This paper is an exercise in focus to propose a comparison methodology between quotation-profit in the annuity regimes: individual save and half premium with defined contribution, according to the Law 100 of 1993, the transition regime and the reform of Law 797 of 2003, observing the parameters evo...

Descripción completa

Guardado en:
Detalles Bibliográficos
Autor principal: Torres Corredor, Hernando; Universidad Nacional de Colombia
Formato: Artículo publishedVersion
Lenguaje:Español
Publicado: Universidad Nacional de Colombia 2011
Materias:
Acceso en línea:http://www.revistas.unal.edu.co/index.php/cienciapol/article/view/29349
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=co/co-013&d=article29349oai
Aporte de:
id I16-R122-article29349oai
record_format dspace
institution Consejo Latinoamericano de Ciencias Sociales
institution_str I-16
repository_str R-122
collection Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO)
language Español
topic annuities; quotation and profits; annuity regimes
Política; historia; derecho; economía
Pensiones; cotización y beneficio, regímenes pensionales
spellingShingle annuities; quotation and profits; annuity regimes
Política; historia; derecho; economía
Pensiones; cotización y beneficio, regímenes pensionales
Torres Corredor, Hernando; Universidad Nacional de Colombia
Pensions: An Agenda halfway. IMPACT OF REFORM
topic_facet annuities; quotation and profits; annuity regimes
Política; historia; derecho; economía
Pensiones; cotización y beneficio, regímenes pensionales
description This paper is an exercise in focus to propose a comparison methodology between quotation-profit in the annuity regimes: individual save and half premium with defined contribution, according to the Law 100 of 1993, the transition regime and the reform of Law 797 of 2003, observing the parameters evolution defined in the law: minimal requirements to have an annuity (time and age), quotation percentage, rate of return, rate of replacement. This paper concludes that ten years from the Law 100, they are proposed a new annuity and a constitutional reform that, under the market paradigms, the raising of price of social benefits, much more mandatory permanence time in the system, the increase of quotations, the reduction of profits and the suppression of transition regime by 2007, can reduce imbalances making economically no-viable the annuities dual model with social benefits subsidy. However, intending to level the price of benefits in the two regimes does not stimulate the public system, and generate additional costs for the State. So it is necessary to evaluate the effect of this modality on members under parameters of welfare theory. We can predict that futures reforms, being urgent, will raise much more the price of benefits and reduce the profits. So, it is necessary to evaluate if Colombia needs a mixed system allowing the cohabitation of basic solidarity components with the market structures without leaving the long-term effects aside.
format Artículo
publishedVersion
Artículo
publishedVersion
author Torres Corredor, Hernando; Universidad Nacional de Colombia
author_facet Torres Corredor, Hernando; Universidad Nacional de Colombia
author_sort Torres Corredor, Hernando; Universidad Nacional de Colombia
title Pensions: An Agenda halfway. IMPACT OF REFORM
title_short Pensions: An Agenda halfway. IMPACT OF REFORM
title_full Pensions: An Agenda halfway. IMPACT OF REFORM
title_fullStr Pensions: An Agenda halfway. IMPACT OF REFORM
title_full_unstemmed Pensions: An Agenda halfway. IMPACT OF REFORM
title_sort pensions: an agenda halfway. impact of reform
publisher Universidad Nacional de Colombia
publishDate 2011
url http://www.revistas.unal.edu.co/index.php/cienciapol/article/view/29349
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=co/co-013&d=article29349oai
work_keys_str_mv AT torrescorredorhernandouniversidadnacionaldecolombia pensionsanagendahalfwayimpactofreform
AT torrescorredorhernandouniversidadnacionaldecolombia pensionesunaagendaamitaddecaminoimpactodelareforma
bdutipo_str Repositorios
_version_ 1764820434930368513