Brief analysis of the current process of pension system reform in Chile: a critical look

Abstract

The pension crisis in Chile has generated the challenge of reforming the system. In this sense, this paper makes a synthetic review of the current pension reform process carried out by the government of President Gabriel Boric. For this purpose, an analysis of various official documents, both governmental and legislative, was generated. Finally, given that the reform has not been approved, critical aspects that are directly related to the perpetuation of an individual capitalization model with minimum solidarity standards are visualized.