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The Gender Impact of Social Security Reform$
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Estelle James, Alejandra Edwards, and Rebeca Wong

Print publication date: 2008

Print ISBN-13: 9780226392004

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226392028.001.0001

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PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 21 October 2019

Argentina

Argentina

Chapter:
(p.93) Chapter Five Argentina
Source:
The Gender Impact of Social Security Reform
Author(s):

Estelle James

Alejandra Cox Edwards

Rebeca Wong

Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226392028.003.0006

The old Argentinean social security system was in serious trouble before its reform. Besides the long-term problem of rising costs due to population aging, a deficit existed even in the short run owing to evasion, early retirement, and haphazardly kept records. The new system was adopted in 1993 and implemented in 1994. This chapter analyzes how women fared in this process. It shows that women have gained relative to men due to the reform. This stems mainly from the equalizing impact of the generous flat benefit and widow's flat benefit, the intrahousehold transfer from the joint annuity, and the fact that women do not have to give up their own benefit to receive the annuity. Also playing a role is the heavier weight placed on early contributions due to compound interest in the new system and the removal of advantages for men for their steeply rising wage profiles in the old system.

Keywords:   Argentina, pension reform, pension policy, women, flat benefit, intrahousehold transfer, joint annuity, retirement benefits, compound interest

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