This study makes a series of recommendations for increasing worker enrollment in the individually funded systems, as well as introducing incentives that enable streamlining the tax and pension systems. The study conducted a comparative analysis of the aforementioned topics in Chile, Mexico, Uruguay, Australia, Canada, France and Sweden, in addition to incorporating experiences from Denmark, Singapore, New Zealand, the United Kingdom and Netherlands.

One of the main problems affecting the collection of social security contributions and its incorporation into the system, is the low contribution density, which is related to labor informality, a characteristic shared with Latin American countries. In such matters, the recommendations aim to facilitate and broaden the contribution payment options, allowing payment for limited periods by individuals engaged in seasonal work, the option of prepayment, and the possibility of third parties paying in the contributions, all backed up by tax benefits similar to those for dependent workers’ contributions, and the provision of State bonuses to those who do not have access to tax benefits, or receive reduced tax benefits, among others.