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How to Integrate Disability Benefits into an Individual Acct. System: A Chilean Model (PDF)
University of Michigan Retirement Research Center [MRRC] 
Feb. 16, 2006 61 pages. Excerpt: Chile offers an innovative approach to disability insurance within a multi-pillar social security system. The individual's retirement savings account is used as part of his disability insurance, but if he becomes disabled the account is topped up enough to finance a defined benefit annuity that pays 70% of the reference wage. MORE >> |
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