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The performance of the income protection system for older adults in Ecuador and future challenges |
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| Authors: | Ignacio Apella |
| Affiliation: | World Bank, Washington, DC, United States |
| Abstract: | The objective of this article is to analyse the performance of Ecuador’s pension system and the challenges it will face in the future. Over the last 13 years, the pension system has made significant advances in terms of coverage and adequacy. However, demographic ageing is straining the financial sustainability of the contributory scheme. In this context, a number of public policy areas are identified, in terms of parameters and structures, which, together with the expansion of non-contributory coverage, could provide a more equitable and sustainable scheme. |
| Keywords: | pension scheme defined benefit plan non-contributory scheme demographic aspect gaps in coverage Ecuador régime de pension système à prestations définies régime non contributif aspect démographique lacunes dans la couverture Equateur régimen de pensión plan de prestación definida régimen no contributivo aspecto demográfico vacíos en la cobertura Ecuador Rentensystem Rentensystem mit garantierten Leistungen beitragsfreies System demographischer Aspekt Deckungslücken Ecuador |