Solange Berstein is Director of Research at the Superintendence of Pension Funds in Chile (SAFP) and teaches public finance and industrial organization at the University of Chile. She previously worked as a senior economist at the Central Bank of Chile. The research department that she currently leaders is in charged of analyzing the performance of the Pension System in Chile and is permanently evaluating possible improvements. Her current research at the Superintendence covers different aspects of the private pension system, such as investment of pension funds, benefits and fiscal guarantees, and the competitiveness of the pension industry. Dr. Berstein received the M.A. degree from ILADES/Georgetown and the Ph.D. degree in economics from Boston University. At Boston University she worked with Laurence Kotlikoff in a research project in which a sophisticated financial planning software was used to investigate individual financial behavior.