El Estado como superbeneficencia pública del Sistema Privado de Pensiones: Reestructuración multipilar y consolidación de la crisis de la subprotección social en el Perú

Abstract

This paper analyzes the multi-pillar system implemented in Peru, addressing: 1) the approval-imposition process of the multi-pillar reform; considering its two attempts, explaining the participation of the executive and legislative branches as managers of the interests of the Private Pension System; then, the economic and social cost of the reform is evaluated, considering its sources of financing and actuarial reserves; 2) the structure of the multi-pillar system; critically explaining its scope of application, purpose, legal-formal and real structure, as well as the role of the banking and financial sector as the new administrative entity of the Private Pension System. All this seeks to demonstrate how the multi-pillar system represents the restructuring of the Private Pension System in crisis, transforming the State into a super-public charity and deepening social underprotection, hindering the possibility of building genuine social security.