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Social and Behavioral Sciences Commons

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Arts and Humanities

University of Richmond

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2017

Privatized pension system

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Full-Text Articles in Social and Behavioral Sciences

Chile's Elites Face Demands For Reform, Jennifer Pribble Jan 2017

Chile's Elites Face Demands For Reform, Jennifer Pribble

Political Science Faculty Publications

An estimated one million Chileans took to the streets in August 2016 to demand reform of the country’s privatized pension system, calling for an end to individualized retirement savings accounts, which were created in 1981 during General Augusto Pinochet’s military dictatorship. The mobilization, involving around 5 percent of the country’s population, was the largest since Chile’s return to democracy in 1990. Demonstrations of growing discontent have become common in Chile of late. The pension protests came in the wake of more than five years of student mobilization aimed at forcing a reform of the Pinochet-era education system.

What accounts for …