This Essay proposes a coherent vision about the protection of old-age pensions and establishes a public policy strategy that allows the protection of a country's entire population. If attempts to connect the action of the State, through the notion of the welfare state, with the protection of pension systems. It proposes three levels of protection: (1) the welfare state, (2) state regulation, and (3) pension scheme regulation. The first Section of this Essay reviews welfare states, explains their categories, and discusses their protective effects. The second Section examines how to structure the various pension schemes into a coherent pension system under a single protective logic, postulated after the Chilean Pension Reform of 2008. Finally, the third Section explains how pension schemes provide pension coverage to a greater number of people.
Pablo A. Ortiz, Essay: Setting the Bases of a Policy Framework to Cover Old-Age Risk, 18 Marq. Benefits & Soc. Welfare L. Rev. 315 (2017).