Poor ratings for Chile in health care and pensions' system, according to OECD

Thursday, November 28th 2013 - 20:51 UTC

Full article 2 comments

Two biannual reports revealed Chile as one of the countries with the worst pension statistics and the highest citizen out-of-pocket expenditure on health among Organization for Economic Cooperation and Development (OECD) nations. Read full article

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The Chilean perspective
The solution is a 10% employer contribution fazed in over the next 10 years and a minimum 15% contribution by the employee, also the pension funds should be government guaranteed and be banned from charging fees. The fee restructuring should also take place over the 10 year employer contribution faze in period. The pension funds have no excuse not to be able to thrive given the huge amounts of money under their management. At last count it was over 165 billion Dollars. This may sound a little left wing but I'm confident it's a winner.
Nov 29th, 2013 - 12:24 am - Link - Report abuse 0
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Think
(1) The Chilean perspective

You say...:
“This may sound a little left wing but I'm confident it's a winner.”

I say...:
In the Chile of the seventies, one could get killed for less...
Welcome to reality, comrade compadre...
Hasta la victoria siempre...
Nov 29th, 2013 - 03:49 am - Link - Report abuse 0
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