Indicators of old-age pension benefits in the Americas

Finally, Chapter 7 of the Americas Social Security Report 2012 is aimed at monitoring pension benefits with a perspective of fairness and financial sustainability. By knowing the value of future pension benefits, we can also have a proxy of the debt incurred by social security institutions and governments through their social security pension programs.

Two mail indicators of pension benefits are examined: replacement rates and pension wealth. The average gross replacement rate across CISS-member countries (exluding U.S. and Canada), salaries and gender is 48.9 (average net replacement rate is 54.3). The average gross pension wealth across the distribution of salaries in all LAC countries is 8.4 times the annual salary (average net pension wealth is 9.3)