| Abstract: |
One of the important aspects in the design of social protection is coverage.
In Peru, as in most Latin American countries, social security participation is
compulsory only for workers in the formal sector. There is a large sector of
the population for which participation is voluntary. This paper investigates
the determinants of enrolment to the pension system in Peru. In particular, we
found that a selected group of people i.e. married males with at least
secondary education, high income and with other family members already
participating in the pension system, have a higher likelihood of
participation. Moreover, the results also suggest that family based safety
nets have a negative effect on the probability of pension participation. |