Download or read book OECD Reviews of Pension Systems: Peru written by OECD and published by OECD Publishing. This book was released on 2019-09-09 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: This review assesses Peru’s pension system in its entirety, looking at both public and private, pay-as-you-go (PAYG) financed and funded pension provisions. The review then provides policy options to help tackle old-age poverty; establish a solid framework for the contributory pension system to meet its objectives; improve the coverage and level of pensions; and optimise the design and improve the regulation of the funded private pension component. A further goal of these proposals is to improve the Peruvian population’s trust that the country’s pension system will be able to deliver secure retirement income in old age.