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Pension reform: the definitive step in Chile that follows Latin America

RIO DE JANEIRO, BRAZIL - According to a study by the International Labor Organization (ILO), Chile's privatized pension system model - imposed under the dictatorship of Augusto Pinochet - was copied by 29 countries between the years 1981 and 2014, of these 13 in Latin America.

Of this figure, 18 countries had reversed this system by 2018 due to the deterioration of pensions and poor results, with Chile, Mexico, Colombia, and Peru being among those that retain it and at the gates of a reform that, in the case of Chile, could occur with the arrival of the new government of Gabriel . . .

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