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Number of active and passive members of cash desks (payers and pensioners) that

Generated chronic deficiency of budgets of pension funds.]

It is important to notice that in the system operating in Chile till 1981, were created

Preconditions for such position. As to new system, in it Any possibilities of a manipulation are completely excluded.

The cited data characterises job of system by which recently it was executed Only 10 years and thereof the sizes of pensions are not indicative, as This system is conceived as long-term. Really, almost 70 % from the general

Numbers of pensions it is paid to the persons who have received the insurance on physical inability or

Other grants. So the received picture cannot objectively reflect

Possibilities and prospects of the mechanism of accumulation. [It is necessary to underline that

To the law it 18.646 (from January, 1st, 1988) the mechanism of payments operated on

To unemployment, but it has not justified itself(himself), since. On it it was required, that

The insured has confirmed the desire to receive under the insurance, paying Additional payments within the whole 12 months.]

_3. Comparison of the settlement sizes of pensions in both systems _

As it was already told in the previous section, the actual sizes of pensions,

Paid on new system, are not absolutely indicative, therefore we will consider

The settlement sizes of the pensions which have been counted up separately for different categories


Our problem consists in defining approximate size of pensions on Old age on which can count insured by the time of an exit on Pension depending on that, it is the investor old or new

Pension system. Calculation of size of pensions in old system is carried out in

Conformity with rules of corresponding cash desks, in new - by calculation Accumulation according to the current legislation and depending on Choice of pension model. [In the latter case is accepted that profitability Pension fund and the size of the discount used for calculation of pension on "Life annuity" models, are equal 5 %.]

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Large Weather Icons Large Weather Icons depict a number of weather conditions typical in software, weather Web sites, and mobile gadgets. The icons are available in typical resolutions standard to Windows, Mac OS, and other systems. The largest versions are huge 512x512 pixel images with vector sources in Adobe Illustrator (.ai) format easily available and ready to be printed or used in presentations in highest resolution.

Database Icon Set Database Icon Set brings you lots of stylish and colorful icons for database software development. The images are provided in all the typical icon sizes and file formats include PNG, ICO, GIF and BMP.

Free Business Desktop Icons Free Business Desktop Icons is a collection of 10 ready icons for use in commercial and personal projects, such as software applications, webpages, blogs, and desktops. The images are free for personal, frequent and commercial use.

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Toolbar Icon Set Toolbar Icon Set is a pack of wonderfully-crafted stock icons for use in any kind of programs and websites. A variety of formats and sizes is available.