August 2018

Uruguay. World’s ‘poorest’ ex-president Mujica turns down pension

Former Uruguayan leader José Mujica, who was dubbed "the world's poorest president" for his modest lifestyle, says he does not want any pension from his time as a senator. Mr Mujica resigned on Tuesday from the post of senator, which he had held since 2015, when his five-year-term as president had ended. He said he would not serve out his term until 2020 because as he was "tired after a long journey". The former left-wing rebel is 83 Read more bbc

September 2017

¿Qué Incentivos al Retiro Genera la Seguridad Social? El Caso Uruguayo

By Ignacio Alvarez, Natalia da Silva, Alvaro Forteza, Ianina Rossi (Universidad de la República) The activity rate of mature men has increased in Uruguay in recent decades. This trend is remarkably different from what has been observed in most developed and Latin American countries. We analyze in this paper the incentives to retire implicit in the main social security program of Uruguay. We find that mature men tend to experience significant social security wealth losses if they postpone retirement. These...