Costa Rica ROP to introduce stable rent withdrawal in 2027, shielding pensions from market and inflation risk

Costa Rica's pension operator Supén will launch a new 'stable rent' withdrawal modality under the ROP in 2027, designed to protect retirees' income against market downturns and inflation. The mechanism's specifics remain unclear, but it represents a structural shift in pension payout options, potentially affecting retiree cash flows and domestic capital markets. The announcement is preliminary, with implementation details pending.