eBook

Closing the coverage gap : the role of social pensions and other retirement income transfers

Holzmann, Robert, Robalino, David A, Takayama, Noriyuki

2009

Overview

In high-income countries, the percent of the population covered under mandatory old-age pension programs is typically high but often incomplete; in low- and middle-income countries, coverage is low and even stagnant. At the same time, older people are less able to rely on family and community support as a result of growing urbanization and migration. And low-income workers and the poor simply cannot save enough to prepare for their old age. As a response, many countries are considering or have already implemented various forms of retirement income transfers aiming to guarantee a minimum level of income during old age. Despite the growing popularity of these programs, research assessing their success has been limited. 'Closing the Coverage Gap: The Role of Social Pensions and Other Retirement Income Transfers' brings together a group of renowned academics, policy analysts, and policy makers working in the area of pensions and public policy. They discuss how social pensions and other retirement income transfers can be used to close the coverage gap of mandatory pension systems: how they operate, when they can be appropriate, and how to make them work. The book reviews the experiences of low-, middle-, and high-income countries with the design and implementation of retirement income transfers. The book analyzes design issues related to financing, incentives, targeting mechanisms, and administration, and also identifies the role of promising instruments such as matching contributions to reach parts of the informal sector.

• Publisher: World Bank,World Bank Publications,The World Bank
• Subject: ADMINISTRATIVE CHARGES / ADMINISTRATIVE COSTS / ADMINISTRATIVE DATA / ADMINISTRATIVE SUPPORT / ASSET HOLDINGS / AVERAGE BENEFIT / AVERAGE EARNINGS / BABIES / BASIC PENSION / BASIC PENSIONS / BENEFICIARIES / BENEFIT FORMULAS / BEST PRACTICES / BUDGETING / CALCULATIONS / CASH TRANSFER / CASH TRANSFERS / CHILD CARE / CHRONIC POVERTY / CITIZEN / CITIZENS / CLIMATE CHANGE / COMMODITY / COMMUNITY ORGANIZATIONS / CONTINGENCIES / CONTRIBUTION / CONTRIBUTION RATES / CONTRIBUTIONS / COST ESTIMATES / CREDITS / CURRENT PROGRAMS / DEFINED CONTRIBUTIONS / DEVELOPING COUNTRIES / DEVELOPMENT BANK / DISABILITY / DISCOUNT RATES / DISSEMINATION / EARLY RETIREMENT / ECONOMIC ANALYSIS / ECONOMIC COSTS / ECONOMIC DEVELOPMENT / ECONOMIC GROWTH / ECONOMIC POLICIES / ELDERLY / ELDERLY PERSONS / ELDERLY POPULATION / FAMILY ALLOWANCES / FAMILY POLICIES / FAMILY STRUCTURES / FAMILY SUPPORT / FERTILITY RATES / FINANCIAL ASPECTS / FINANCIAL PLANNER / FINANCIAL POLICY / FINANCIAL SUPPORT / FIXED COST / GENERAL POPULATION / GLOBAL POPULATION / Government policy / GROSS DOMESTIC PRODUCT / HEALTH ECONOMICS / HEALTH INSURANCE / HOUSEHOLD INCOME / HOUSEHOLD SURVEYS / HUMAN DEVELOPMENT / HUMAN RIGHT / HUMAN RIGHTS / IMPACTS OF POPULATION / IMPORTANT POLICY / INCOME GROUP / INCOME LEVEL / INCOME LEVELS / INCOME SECURITY / Income transfer / INDIGENOUS PEOPLE / INFORMATION SYSTEMS / INSTITUTIONAL CAPACITY / INTEREST RATE / INVESTMENT DECISION / INVESTMENTS IN EDUCATION / KNOWLEDGE GAP / LABOR FORCE / LABOR FORCE PARTICIPATION / LABOR MARKET / LABOR MARKET TRANSITIONS / LABOR MARKETS / LABOR SUPPLY / LEGAL STATUS / LIFE EXPECTANCY / LIMITED RESOURCES / LIVING STANDARDS / LONG-TERM SAVING / LONG-TERM SAVINGS / LOW FERTILITY / LOW INCOME / LOW-INCOME COUNTRIES / LOW-INCOME INDIVIDUALS / LOW-INCOME WORKERS / MANDATES / MANDATORY CONTRIBUTION / MARGINAL TAX RATES / MARKET ECONOMIES / MATERNITY LEAVE / MIGRATION / MINIMUM PENSION / MINIMUM PENSIONS / MINIMUM WAGE / MINISTRY OF EDUCATION / MINORITY / NATIONAL COMMITTEE / NATIONAL PENSION / NATIONAL PLAN / NATIONAL POPULATION / NATURAL RESOURCES / NORMAL RETIREMENT AGE / NUTRITION / OLD AGE / Old age pensions / Old age pensions -- Government policy / OLD-AGE PENSION / OLDER MEN / OLDER PEOPLE / OLDER WOMEN / ORPHANS / PENSION / PENSION ACCOUNT / PENSION AGE / PENSION ARRANGEMENTS / PENSION BENEFITS / PENSION COVERAGE / PENSION INCOME / PENSION ISSUES / PENSION PLAN / PENSION PROGRAMS / PENSION PROVISIONS / PENSION REFORM / PENSION REFORM PRIMER / PENSION REFORMS / PENSION REGULATION / PENSION RIGHTS / PENSION SCHEME / PENSION SCHEMES / PENSION SYSTEM / PENSION SYSTEMS / PENSION TRANSFERS / PENSION WEALTH / PENSIONS / PERIODS OF UNEMPLOYMENT / POLICY ANALYSIS / POLICY DEVELOPMENT / POLICY FRAMEWORK / POLICY GUIDANCE / POLICY MAKERS / POLICY RESEARCH / POLITICAL SCIENCE / POOR FAMILIES / POOR INDIVIDUALS / POPULATION AGEING / POPULATION GROUPS / POVERTY LEVELS / POVERTY RATE / POVERTY RATES / POVERTY REDUCTION / PRACTITIONERS / PRIVATE INVESTMENTS / PRIVATE PENSION / PRIVATE PENSION PROVIDERS / PROBABILITIES / PROBABILITY / PUBLIC ECONOMICS / PUBLIC EXPENDITURES / PUBLIC PENSION / PUBLIC PENSION SCHEMES / PUBLIC PENSIONS / PUBLIC POLICY / QUALITY OF SERVICES / RATES OF RETURN / REPLACEMENT RATES / RETIRED / RETIREMENT / RETIREMENT AGE / RETIREMENT AGES / RETIREMENT INCOME / Retirement income -- Government policy / RETIREMENT INCOMES / RISK AVERSION / RURAL AREAS / SAFETY NET / SAFETY NETS / SALARY / SAVINGS / SAVINGS INSTRUMENTS / SELF-EMPLOYMENT / SENIOR / SKILLED WORKERS / SMALL ENTERPRISES / SOCIAL AFFAIRS / SOCIAL ASSISTANCE / SOCIAL EXPENDITURES / SOCIAL INSURANCE / SOCIAL INSURANCE PROGRAMS / SOCIAL PENSION / SOCIAL PENSIONS / SOCIAL POLICY / SOCIAL PROTECTION / SOCIAL RETURNS / SOCIAL RISK MANAGEMENT / SOCIAL SECURITY / SOCIAL SECURITY ADMINISTRATIONS / SOCIAL SECURITY CONTRIBUTIONS / SOCIAL WELFARE / SOUND FINANCIAL MANAGEMENT / SOURCES OF INCOME / TAKE-UP RATE / TAX RATE / TRADE UNION / TRADITIONAL FAMILY / URBAN AREAS / URBANIZATION / VALUATION / VOLUNTARY SAVINGS / VULNERABILITY / WAGES / WITHDRAWAL / WITHDRAWAL RATE / WORKING AGE / WORTH
• ISBN: 0821379712, 9780821379714, 0821379801, 9780821379806