Estudio estadístico del sistema previsional argentino en el período 1950-1972

Abstract

The Argentine social security system is analyzed using information for four subsets and fifteen funds, focusing attention on two concepts: financial results and average payments. Regarding financial results, the system as a whole showed important superavit until 1957; from this year to 1968 there were years alternatively shown superavit and deficit; and since 1968 the system was always in deficit. The subset corresponding to industry and commerce is the only one that has been every year characterized by superavit. The consideration of financial results – in the subsets and fund- jointly with average payments verifies that there has been no association between better financial results and higher average payments. The paper includes two regression analysis. The first one explains average payments as a function of three variables, showing that they are positively correlated with total receipts and negatively correlated with the number of beneficiaries and with the rhythm of inflation. The second one explains the level of receipts, that happen to be higher when wages and salaries paid in the economy are higher, the monetary situation is better, and the rhythm of inflation is lower.