Pension Reforms in Chile, 1979-1981
Pension Reforms in Chile from 1979-1981 introduced a private pension system allowing workers to opt out of state pensions and contribute to individual accounts managed by private companies.
Pension Reforms in Chile from 1979-1981 introduced a private pension system allowing workers to opt out of state pensions and contribute to individual accounts managed by private companies.
The Chilean Pension Reform of 1981 introduced radical changes to the country's pension system, shifting from a pay-as-you-go model to individual retirement accounts (IRAs) with far-reaching consequences.
The Chicago Boys implemented neoliberal reforms in Chile under Pinochet, driven by free market fundamentalism and led to significant social and economic changes.
Explore the 1973 coup d'état in Chile led by General Augusto Pinochet that overthrew President Salvador Allende's democratically elected government.