Bolivia
Basic country data
- Population over 60 in 2010:
- 720,986 (7%)
- Projected population over 60 in 2050:
- 3,024,881 (20%)
- Poverty rate of total population:
- 12%
- Income of country:
- Lower middle income
- Social pension?
- Yes
Scheme information
- Scheme information: Renta Dignidad or Renta Universal de Vejez (previously Bonosol)
- Year introduced:
- 1996 (Bonosol), 2008 (Renta Dignidad)
- Monthly pension benefit:
- 200 Bolivianos (29 US$)
- 15.02 % of average income
- 158 % of international poverty line
- Age of eligiblity:
- 60
- Targeting:
- Universal
- % of population over 60 covered:
- 116%
- Total cost:
- 1.06% of GDP
Renta Dignidad: Presentation by Mario Guillen
The following presentation (in Spanish) was made at an international seminar hosted by the International Labour Organisation and HelpAge International in May 2012 on "Social Security Systems in Latin America: Challenges for the Extension of Social Protection Coverage in the Andean Region". The presentation by Mario Guillen, Bolivia's representative at the seminar, describes the Renta Dignidad in Bolivia.
Michael Littlewood on the impact of Renta Dignidad in La Paz
Michael Littlewood, at the Legislative Council of Hong Kong, talks briefly about the pension system in Chile before sharing an experience from a recent trip to Bolivia.
Resources on the pension in Bolivia
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Online news report: Nationalization under the microscope
Year: 2012 | Published by: Latin America Press
This article discusses the question of nationalisation in Bolivia, making reference to the extension of the Renta Dignidad and other social protection programmes such...
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Economic Security for Older People
Year: 2012 | Published by: HelpAge International
Spanish. This presentation was given at an international seminar hosted by the International Labour Organisation and HelpAge International in May 2012 on "Social Security...
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Government of Bolivia: Estadísticas Renta Dignidad
Year: 2012
Spanish. This Government resource provides statistical information on Bolivia's social pension.
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Inclusive social protection in Latin America: a comprehensive, rights based approach
Year: 2012 | Published by: ECLAC
The purpose of this book is to encourage dialogue on social protection in Latin America. It highlights the need for innovation in designing policies...
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Non-contributory pensions in FIAP countries: Part 1 - Latin America
Year: 2011
The aim of this paper is to describe the regulations of Non-Contributory Pension programs in the Latin American countries that belong to FIAP and...
