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Social Security Reforms in Colombia [electronic resource] : Striking Demographic and Fiscal Balances, Clavijo, Sergio.

Author/Creator:
Clavijo, Sergio.
Publication:
Washington, D.C. : International Monetary Fund, 2009.
Format/Description:
Government document
Book
1 online resource (33 p.)
Series:
IMF eLibrary
IMF Working Papers; Working Paper No. 09/58.
IMF Working Papers; Working Paper No. 09/58
Status/Location:
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Local subjects:
Age of retirement. (search)
Annuity payments. (search)
Contingent liabilities. (search)
Contingent liability. (search)
Contribution rates. (search)
Current pensions. (search)
Fiscal reforms. (search)
Formal pension. (search)
Government expenditures. (search)
Health care. (search)
Health care expenditures. (search)
Health care reform. (search)
Health care reforms. (search)
Health care sector. (search)
Health care services. (search)
Health care spending. (search)
Health care system. (search)
Health system. (search)
Health systems. (search)
Labor force. (search)
Labor market policy. (search)
Life expectancies. (search)
Life expectancy. (search)
Long-term care. (search)
Minimum pension. (search)
Old-age pension. (search)
Pay-as-you-go system. (search)
Paygo. (search)
Payroll tax. (search)
Payroll taxes. (search)
Pension. (search)
Pension benefits. (search)
Pension contributions. (search)
Pension coverage. (search)
Pension expenditure. (search)
Pension liabilities. (search)
Pension obligations. (search)
Pension payments. (search)
Pension plan. (search)
Pension reform. (search)
Pension reforms. (search)
Pension reserves. (search)
Pension system. (search)
Pension systems. (search)
Pensioners. (search)
Pensions. (search)
Private pension. (search)
Private pension systems. (search)
Private pensions. (search)
Public pension. (search)
Public pension reform. (search)
Public pensions. (search)
Public system. (search)
Replacement rate. (search)
Replacement rates. (search)
Retirement. (search)
Retirement age. (search)
Retirement ages. (search)
Retirement dates. (search)
Social safety nets. (search)
Universal pension. (search)
Colombia. (search)
Summary:
This paper analyzes the economic rationale for adopting parametric pension reforms and reforms broadening the coverage of public health care in Colombia during 1993-2008. Parametric pension reforms have focused on increasing the retirement age and moderating replacement rates. The health system reforms aimed at reaching universal coverage by 2012, while providing a more homogenous level of services. Our results indicate that the Net Present Value of the debt of the social security system in Colombia is roughly 160 percent of GDP for pensions and about 97 percent of GDP for the health system.
Notes:
Description based on print version record.
Contributor:
Clavijo, Sergio.
Other format:
Print Version:
ISBN:
1451872054:
9781451872057
ISSN:
1018-5941
Publisher Number:
10.5089/9781451872057.001
Access Restriction:
Restricted for use by site license.