Chilean Pension System Reform

Social security for solve old, weak, ill, incomplete, getting unemployed the weak colony a social economic system that income ensure government. This system has gone through the historical practice of nearly one hundred years from producing, but because complexity of the social security system itself and its importance that have in the whole social system, remain an important social policy needing governments of various countries to offer the reform and explore constantly so far.In the modern social security system, the social security system ensures the target to be widest because of it to support parents, time that pay most long, occupied fund grade factor make it become social security system important one component most at most. Therefore support parents and ensure the construction and development of the system to be concerned by people extremely. After the seventies of the 20th century, because of the aging day by day of population structure, the traditional one accepts the public basic old-age pension system paid now to face the financial predicament in a lot of countries now, this forces various countries to carry on the reform of the basic old-age pension system one after another, in order to seek and support parents in the new outlet which ensures the system.Among them, the omni-directional supporting parent's social security system reform which Chile began in 1981 is particularly noticeable. Chile government changes the traditional accounting on a cash basis into a personal account is totally accumulated and made, and transfer the endowment insured fund to the private organization to operate concretely running, this is a kind of thorough system changes, is it is it ensure new realm of field to support parents to start. Though basic old-age pension system reform in Chile have more disputes also at present. But no doubt, Chile's mode is a kind of innovation to the traditional social basic old-age pension system, no matter it how it will be success or failure of period in future, should between Chile and social security system, especially basic old-age pension systemreform , a heavy contribution of development, worth our carrying on research and analyzing.Literary grace this with between real example and normal analytical method that combine together, through study to system of reform, basic old-age pension system of Chile, try hard to make objective appraisal on the Chilean the pension system reform and Chile's new basic old-age pension system, and summarize its relevant experience on this basis, for the reform of the basic old-age pension system of our country with building and offering some helpful guidance and reference.This text is divided into four parts altogether: first part,mainly analyze to the crisis of Chile's old system, announce the reason of the reform; Second part Including:principle, goal of the reform, the content of the new system, the action of transition period and operation result of the new system; The third part,appraisal and summary of experience of the reform; The fourth part, the ones that reformed to China in Chile basic old-age pension system benefited enlightenment.