Ecuador

Basic country data

  • Population 60 and over (2018)
  • 1,811,026
  • % of total
  • 10.7%
  • Population 60 and over (2050)
  • 4,997,195
  • % of total
  • 29.6%
  • Does the country have a social pension?
  • Yes
  • Region
  • Latin America & Caribbean
  • Income group
  • Upper middle income

Data on social pensions

Pension para Adultos Mayores (Pension for Older People)

Basic scheme information

Data on social pensions

  • Name of pension or programme
  • Pension para Adultos Mayores (Pension for Older People)
  • Year first social pension introduced
  • 2003
  • Legislative Underpinning
  • Executive decree no. 1824 of September 1, 2006

2012

Government of Ecuador: Programa de Proteccion Social - Quienes Somos? (Webpage) (Spanish)

Government of Ecuador: : Aging expand pension coverage (Webpage)(Spanish)

Eligibility criteria

2012

Government of Ecuador: Programa de Proteccion Social - Quienes Somos? (Webpage) (Spanish)

Government of Ecuador: : Aging expand pension coverage (Webpage)(Spanish)

Adequacy

2013

Agenda de igualdad para 2012 - 2013 Adultos mayores

Coverage

2012

HelpAge Calculations based on number of recipients and transfer level.

Cost

  • Total cost (local currency)
  • 262,500,420 US Dollars
  • Cost as % of GDP
  • 0.3%
  • References and notes

Resources on the pension in Ecuador

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