April 2024
26Apr

Social security developments and trends – Europe 2024

By International Social Security Association Europe has historically been home to some of the most advanced social security systems in the world. Many countries in the region provide comprehensive, adequate protection against common life cycle and labour market risks for the vast majority of the population. Widespread protection of individuals over the life course enables social security systems to play a key role in ensuring economic and social stability in the face of large-scale shocks. Despite these broad protections, notable...

April 26, 2024
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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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19Apr

The Importance of Reviewing the Pension Scheme in Albania. Benefits and Challenges of Applying for Private Pensions in Albania

By Valbona Cinaj  The pension system faces many problems and challenges. Social security in general is the system of social protection in Albania, as in other countries, is influenced by the country's economic power, labor market developments, demographic situation, employment situation and unemployment, GDP growth, macroeconomic stability, etc. These indicators will serve not only as a starting point for the analysis of the system, achievements, and problems, but also the level of these indicators will serve as a starting point...

April 19, 2024
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March 2024
11Mar

NPC deputy proposes implementing inclusive basic pensions for elderly aged 65 in China

A deputy to the National People's Congress (NPC) Zhou Jinbo proposed the implementation of an inclusive basic pension system in China for those aged 65 and above who are not currently receiving a pension, Chinese media outlet thepaper.cn reported on Monday. Zhou suggested establishing an inclusive basic pension system so that those elderly can receive a regular income to meet their basic living needs, and enjoy a dignified life in their twilight years and enhance their sense of achievement and...

March 11, 2024
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February 2024
07Feb

Money and ageing: South African study shows cash grants help people live longer and have better memory function

Nearly half of South Africa’s 60 million people receive social grants, ranging from child support to pensions. The grants are designed to provide financial assistance to people living in poverty. The largest components of the South African social grant system were introduced, or expanded to include the full population, in the 1990s. Since then, the system has evolved into one of the most comprehensive in the global south. In addition to their direct financial benefits, the grants have been found to have a wide range...

February 7, 2024
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January 2024
12Jan

Solving Vietnam’s social protection sustainability problem

As an economy develops, economic policy and social policy tend to overlap. Reports of long queues of people in Ho Chi Minh City withdrawing their social insurance contributions after losing their jobs during the COVID-19 pandemic is an example. Workers in the formal sector viewed their contributions to a retirement income insurance scheme — known generally as ‘social insurance’ — as their savings to be drawn upon in hard times. This helped boost demand and enhanced short-term macroeconomic management. Yet...

January 12, 2024
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December 2023
15Dec

Priorities for social security Global 2022 Trends, challenges and solutions

By International Social Security Association The report Priorities for social security – Global 2022: Trends, challenges and solutions presents a global perspective on social security developments and trends, challenges and innovations, based on the series of reports for Africa, the Americas, Asia and the Pacific, and Europe. The global report is presented in a new and interactive format, a digital, web-based publication that allows members of the International Social Security Association (ISSA) to easily navigate between sections of interest. The...

December 15, 2023
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15Dec

Charting a Course Towards Universal Social Protection: Resilience, Equity, and Opportunity for All

By World Bank Group Charting a Course Towards Universal Social Protection: Resilience, Equity, and Opportunity for All, known as the Social Protection and Jobs Compass updates the World Bank strategy for social protection amid rapid change both within the sector and beyond. The Compass puts at its heart the vision of universal social protection. It recognizes that the progressive realization of universal social protection, which ensures access to social protection for all whenever and however they need it, is critical...

December 15, 2023
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08Dec

Social Protection for Older Persons Social Pensions in Asia

By Sri Wening Handayani & Babken Babajanian The rising number of older persons in Asia has accentuated the importance of strengthening the systems of social protection in the region. This book examines the effectiveness and relevance of noncontributory or social pensions in supporting older persons in Asia. It discusses the political economy and financial sustainability of social pension reform, implications for gender equity and social rights, and design and implementation challenges. Case studies from Bangladesh, Nepal, Thailand, Viet Nam, and South...

December 8, 2023
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08Dec

Overview of social protection systems in Latin America and the Caribbean: Progress and setbacks in the face of the pandemic

By International Labour Organization The crisis triggered by the COVID-19 outbreak has exposed the gap that persists in the region to achieve comprehensive protection systems, based on a social protection floor which guarantees for universal access to health and economic security over the life cycle. Social protection coverage in Latin America evolved positively in the decade before the pandemic. Contributing members to the system increased by 14 per cent over the 2012-2019 period and the ratio of contributing workers to the employed population was 46.9...

December 8, 2023
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