Date: | 1997-2007 |
Description: | This cash transfer programme for older people is the predecessor of the Renta Dignidad programme. It was created in 1996 as a social compensation for the privatization process of public companies. It consisted on a non contributory pension aiming to protect the incomes for the elderly over 65. Despite the universality of the coverage, the programme was restricted to the cohort of people born before 1974, based on the financing estimations coming from the capitalization process. This programme was interrupted between 1998 and 2002, period in which it was replaced by the Bolivida programme, whose transfers were much lower (USD$60). Bonosol ended in 2007. |
Characteristics
Target population: | Everyone aged 65 or above. |
Geographic scale: | National |
Targeting method: | Universal, but restricted to the cohort aged 21 and over in 1995 (people born before 1974). The progressive extinction of the programme was expected from 2039. |
Instrument of selection: | … |
Registry of recipients: | … |
Exit strategies or criteria: | Lifetime |
Comments: | … |
Institutionality
Legal framework: | Law 1792 (1996); Decree 24576 (1997); Law 2427 (2002) |
Responsible organization(s): | Authority of Monitoring and Social Control of Pensions (AP) |
Executing organization(s): | Pension Fund Managment |
Source of funding: | Resources from the privatization of public companies (Corani, Guarachi, Valle Hermoso, Entel, Ferroviaria Andina, Ferroviaria oriental, Lloyd aéreo boliviano, Petrolera Andina, Petrolera Chaco, Transredes) |
1) Pensión (Pension)
Recipient(s): | Everyone aged 65 or over. |
Mode of transfer: | Flat transfer |
Mode of delivery: | Cash withdrawal |
Periodicity of delivery: | Annually |
Recipient of the transfer: | Direct participant |
Maximum per household: | 12 payments |
Conditionalities: | Does not have |
Comments: | The payments are cumulative |
Amount : | … |
Bolivia`s universal pension: The social report card perspective
Author: | Falkner. W. |
Date: | 2009 |
Publication info: | |
Link: | See Webpage |
Topic: | General information |
Non-contributory pensions: Bolivia and Antigua in an international context
Author: | Willmore. L. |
Date: | 2006 |
Publication info: | ECLAC, Project document |
Link: | See Webpage |
Topic: | General information |
Pensions, poverty and household investments in Bolivia
Author: | Martinez S. |
Date: | 2004 |
Publication info: | |
Link: | See Webpage |
Topic: | Impact evaluation |