in 2008 due to the expansion of Renta Dignidad, but it remained static afterwards; nevertheless, it is the highest in the region. Argentina approved measures, before the re-reform, in order to extend contributory coverage, allowing the insured to retire without fulfilling the 30-year required contributions, also to self-employed workers who lacked complete documentation, but EAP coverage remained static; older adult coverage increased by six percentage points(20072009) but had lost them in 2018. The Salvadoran re-reform took no action, hence failing to comply with the mandate of the 1996 structural reform to extend coverage to groups difficult to incorporate; coverage cannot be measured because there is only one year for observation, but statistics show that in 2018 both coverages were below the zenith previously reached. 3. Social Solidarity and Gender Equity Social solidarity improved in Argentina and Bolivia when the private pillar/system that lacked social solidarity closed and when all the insured were transferred to the public system with intergenerational solidarity. Likewise, Argentina extended the contributory system for lower-income groups and expanded social inclusion of the older-adult population to mothers as for non-contributory pensions. Bolivia universalized and reduced the age for Renta Dignidad; it created the semi-contributory pension, as well as a solidarity fund and a solidarity contribution charged to the employer and high-income insured. The Chilean re-reform infused social solidarity in the private system by creating two solidarity benefits financed by the state: the Pensión Básica Universal(Universal Basic Pension: PBU) and the Aporte Previsional Solidario(Solidarity Pension Contribution: APS) complementing the contributory pension of those with low incomes and generating progressive effects. 107 The Salvadoran re-reform of 2017 neither extended nor improved the non-contributory pension, but created three new benefits for the insured that are not entitled to a regular pension(the BET, the BEP, and the 107 A 2019 law increased the amounts of the PBS and APS by 20%; a bill in congress imposes a 6% contribution to the employer to improve lower pensions plus an increase in fiscal support to improve low RRs for women and expand solidarity benefits. 195
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Evaluation of four decades of pension privatization in Latin America, 1980-2000 : promises and reality
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