55 percent of people worldwide have no social protection: report
A new report from the International Labor Organization (ILO) released Wednesday shows that despite significant progress, massive efforts are needed to ensure that the right to social security becomes a reality for all in many parts of the world.
The report names countries that have achieved universal pension coverage but cautions that benefit levels are often low and not sufficient to push older persons out of poverty in developing countries.
It says that the human right to social security is not yet a reality for a majority of the world’s population. “The lack of social protection leaves people vulnerable to ill-health, poverty, inequality and social exclusion throughout their lifecycle,” said ILO Director-General Guy Ryder at a UN media briefing.
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