System emerytalny w kraju karteli — przypadek Kolumbii

Abstrakt

Pension system in the country of the cartels: the case of Colombia

The 1993 reform was the most important change, ordering many elements of Colombian retire­ment. Today, the Colombian pension system is characterized by parallel pay-as-you-go and funded schemes, which creates inefficiencies in administration because of its complexity and consequently in­creases systemic costs. Asystem that is formally defined as atwo-pillar system is actually a three-pillar solution, based on the principle of competition between the components. Linking a minimum pension with aminimum wage is asignificant source of ineffectiveness of the adopted solution. In international comparisons, there is also alack of thinking about the potential equalization of the retirement age for women and men. Changes in recent years, especially the introduction of BEPS, Colombia Mayor and family pensions, are substantiated. Still, there is alack of effective instruments in Colombia that radically increase the coverage of the pension system. In the paper the hypothesis that in a country with alarge share of the shadow economy in the creation of GDP there are difficulties in increasing participation in the pension system, was confirmed.