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FIAP > Boletín – Recientes > Parametric reforms in public pay-as-you-go programs between 1995 and June 2023 / July 2023
17 August, 2023

Parametric reforms in public pay-as-you-go programs between 1995 and June 2023 / July 2023

In the latest edition of this report, we highlight that within a span of 27.5 years, between 1995 and June 2023, with the aim of reducing fiscal costs:

  • 82 countries increased the contribution rate in their pay-as-you-go pension programs (recent examples: Spain, Qatar)
  • 66 increased retirement age (recent examples: France, Sweden, Uruguay)
  • 66 adjusted the benefit formula or decreased benefits plan (recent examples: Austria, France, Uruguay)

Download this report here.

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