What will a pension system overhaul mean for Chile?

On February 12, our Managing Director, Juan Cruz Díaz, and our Country Manager in Chile and Peru, Carlos Cruz Infante, were featured in The Dialogue, a biweekly publication of the Latin American Advisor, where they provided their insights into the pension system reform approved by the Chilean congress.

Díaz and Infante commented that “although modified from its original proposal, the pension reform represents a significant change to Chile’s retirement system”. They also highlighted that “the reform partially responds to demands from the 2019 social unrest. However, the connection is not straightforward, as multiple factors drove the protests.”