Wharton Pension Research Council Working Papers

Document Type

Working Paper

Date of this Version



This paper offers an assessment of the Uruguayan social security reform plan enacted in 1995. We analyze several positive developments, identify remaining questions about the emerging outlines of the Uruguayan plan, and compare this reform to others underway in Latin America. Recommendations center on methods of bringing the Uruguayan system closer to long-run solvency, means of increasing the efficacy of the public and private pension systems, and techniques of strengthening private sector opportunities to take over more money management and insurance functions.

Working Paper Number


Copyright/Permission Statement

© 2000 Pension Research Council of the Wharton School of the University of Pennsylvania. All Rights Reserved.


This paper was prepared with input from the Division of Social Programs at the Interamerican Development Bank, but all opinions remain solely those of the author.

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Economics Commons



Date Posted: 16 September 2019