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Presentations given at the International Seminar “Opportunities and Challenges for Individually-Funded Systems in a globalised World”, organized by FIAP, on May 31 and June 1, 2012, in Mexico.

The pension system can be reviewed in various aspects. The transition from a defined-benefit to a defined-contribution scheme has very considerable advantages for the worker. The defined-contribution system introduces an element of far greater fairness. There tends to be lack of homogeneity between the working careers of men and women and between those who have had the opportunity of better preparation and those who have not.

collective

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