February 2026
24Feb

Nigeria. Fighting poverty in retirement: The role of pensions for informal workers in Nigeria

In Nigeria, the word “pension” evokes different reactions. For many civil servants and corporate workers, it symbolises hope for a near-comfortable retirement. However, for the majority of Nigerians working in the informal sector, it represents a bleak future. These are the market traders, motorcycle riders, small-scale farmers, artisans, and workers in countless micro and nano-scale businesses. With approximately 90% of Nigeria’s workforce operating outside the formal economy, pension coverage for informal workers is almost non-existent. Believe me, this has...

February 24, 2026
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September 2025
05Sep

Digital Pension Systems, Economic Growth, and Alleviation of Elderly Poverty

By Xue Wu Based on panel data from 31 provinces and municipalities in China (excluding Taiwan, Hong Kong, and Macau) from 2011 to 2023, this study empirically examines the relationship among the digital pension system, economic growth, and the alleviation of elderly poverty. The empirical analysis yields the following findings: (1) A well-developed digital pension system helps to alleviate elderly poverty; (2) Economic growth significantly mitigates elderly poverty; (3) The digital pension system serves as a mediating factor in the effect...

September 5, 2025
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February 2025
25Feb

The Biggest Challenges Facing Older Americans: Insights from the Aging Advisory Group

Adults aged 50 and older are the fastest-growing age group of those experiencing homelessness, making up nearly half of the single-adult homeless population, which is estimated to triple over the next decade. Older adults are especially vulnerable to becoming homeless, as many live on fixed incomes that are insufficient to cover the cost of housing and other expenses. Aging Advisory Group To address the rapid increase of older adults experiencing homelessness, the National Alliance to End Homelessness, in partnership with the RRF...

February 25, 2025
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25Feb

Why a significant portion of Nigeria’s workforce remains vulnerable to old-age poverty – Aiku

Opeyemi Aiku is a seasoned investment management professional with over 19 years of experience in multi-asset portfolio management, high-net-worth advisory, pension fund oversight, and financial planning. She specialises in fixed income, equities, and alternative investments, applying her expertise in risk management, research, and strategic planning to help individuals and institutions achieve long-term financial stability and growth. As Senior Investment Manager at TotalEnergies EP Nigeria CPFA Limited, she oversees the Fixed Income & Research desk, ensuring fund portfolios align with strategic...

February 25, 2025
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July 2024
19Jul

World Social Protection Report 2020-22: Social protection at the crossroads – in pursuit of a better future

By International Labour Organization This ILO flagship report provides a global overview of recent developments in social protection systems, including social protection floors, and covers the impact of the COVID-19 pandemic. Based on new data, it offers a broad range of global, regional and country data on social protection coverage, benefits and public expenditures. Following a life-cycle approach, the report analyses progress with regard to universal social protection coverage, with a particular focus on achieving the globally agreed 2030 Agenda for...

July 19, 2024
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April 2024
26Apr

Another brick on the Wall: On the Effects of Non-Contributory Pensions on Material and Subjective Well Being

By Rosangela Bando, Sebastian Galiani & Paul Gertler Public expenditures on non-contributory pensions are equivalent to at least 1 percent of GDP in several countries in Latin America and is expected to increase. We explore the effect of non-contributory pensions on the well-being of the beneficiary population by studying the Pensiones Alimentarias program established by law in Paraguay, which targets older adults living in poverty. Households with a beneficiary increased their level of consumption by 44 percent. The program improved...

April 26, 2024
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November 2023
24Nov

Social Panorama of Latin America and the Caribbean 2022: Transforming education as a basis for sustainable development

By ECLAC Social Panorama of Latin America and the Caribbean, 2022 has four chapters. Chapter I presents the relevant macroeconomic background in terms of the evolution of per capita GDP, employment, household income distribution and the consumer price index, and looks at how income inequality and poverty have changed over the past two decades (2002–2021). The chapter also discusses changes that occurred in social stratification during the pandemic. Chapter II addresses the worrying silent crisis of education as another of the...

November 24, 2023
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August 2023
18Aug

Uncovering the profile of low earners in the UK and the potential for pension saving through automatic enrolment

By Pensions and lifetime savings association  In the realm of pensions policy, there exists a significant knowledge gap when it comes to understanding and addressing the needs of low earners in the United Kingdom. While various segments of the population have been subject to extensive research, individuals with low incomes who are still engaged in employment have remained relatively understudied. This group represents a complex demographic, comprising diverse subgroups, who may be earning modest incomes for varying reasons and circumstances. The...

August 18, 2023
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April 2023
13Apr

South Africa: Grandparents Spend Their Pensions to Feed Entire Families as Food Crisis Hits Hard in Eastern Cape

As Eastern Cape communities are hit by spiralling food inflation and unemployment rates of 42.4%, the province's elderly residents are using their state pensions to look after families in crisis and often have to rely on loans in the last weeks of the month. In Mthatha in the Eastern Cape, pensioners are selling scrap metal for food as whole families rely on their grants to survive and the cost of food often leaves their cupboards bare before the end of...

April 13, 2023
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February 2023
13Feb

Sri Lanka’s economic crisis leaves elderly homeless and penniless

When Kiri Banda retired from his job as a cook in the Sri Lankan capital, Colombo, he hoped for a peaceful old age living with his son. But with his medical bills straining household finances last year, he decided it was time to move out. “I didn’t want to be a burden,” says Banda, who spends his days begging or searching for food and sleeps on a bench in a public park. It is an increasingly common sight since Sri Lanka...

February 13, 2023
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