The more an AFP member is young, the bigger the pension gap is



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The youngest member of an AFP, plus the pension gap, according to a Ciedess consultancy study, based on figures from the Superintendency of Pensions, on a universe of 26,972 affiliates between January 1981 and December of 2013.

According to this badysis, published in Pulso de La Tercera, whenever a subsidiary between 18 and 30 years old closes, it takes on average about 5 months to remake it, and these are precisely the women who they have the greatest pension gaps at this age, registering an average of 5.2 months, compared with 4.9 months for men.

However, as the age progresses, women reduce the gap with men. Overall, affiliates over the age of 51 have the lowest gaps, averaging 3.8 months.

The Ciedess study concludes that the average total density of members between 18 and 30 years is only 58%, where women save the least amount of time (55%). In this scenario, these young people would mark a 70% drop in their pension.

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