Coronavirus Has Exposed Latin American Pension Systems’ Fragility

The pandemic has driven 41 million people in the region into unemployment, thus impacting pensions' average premium system or the individual account system.

RIO DE JANEIRO, BRAZIL - Pension funds are attracting more attention than ever in Latin America, amid a pandemic that is impacting overall economic capacity.

According to the International Labour Organization (ILO), the pandemic has driven 41 million people in the region into unemployment, thus impacting pensions' average premium system or the individual account system.

In the average premium system, contributions are paid into a fund managed by the Government in which . . .

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