Social Protection Archives - Page 16 of 23 - Pension Policy International

29MayMay 29, 2020

Integrating Social Insurance and Social Assistance Programs for the Future World of Labor

By Robert J. Palacios, David A. Robalino Given the prevalence of informal labor, most countries have combined contributory social insurance programs (pensions, unemployment benefits, and health insurance), with non-contributory insurance programs and several types of "safety nets." All of these programs involve different types of subsidies and taxes, sometimes implicit. Because of design problems and the lack of coordination/integration between programs, these subsidies/taxes tend to cause four problems: 1) they can reduce incentives to contribute to mandatory insurance programs...

May 29, 2020

Articles, Labor Market2020, Coronavirus, Income, Social Protection, Social Security

29MayMay 29, 2020

China to raise pensions, among other social protection measures to reduce impact of COVID-19 crisis

China has over 600 million people whose monthly income is barely 1,000 yuan (USD 140) and their lives have further been affected by the coronavirus pandemic, Premier Li Keqiang said on Thursday. Read also US. The Federal Employee Retirement Plan Should Add, Not Delete Chinese Stocks "The average per-capita annual income in China is 30,000 yuan (USD 4,193), but there are over 600 million people whose monthly income is barely 1,000 yuan (USD 140), not enough to rent a room in...

May 29, 2020

News, Slider2020, China, Coronavirus, COVID-19, Public Policy, Social Protection

25MayMay 25, 2020

Australia. Universal pension for all: Retirees call for tax and income reform

Every retiree would get at least a part pension under a plan being considered by seniors' groups amid concerns the coronavirus pandemic's effect on key income streams is leaving many older Australians cash poor and increasing the number living in poverty. Seniors organisations are pressing the Morrison government to look at a massive overhaul to the pension system that would also take into account possible changes to tax concessions, such as franking credits, as a way to pay for...

May 25, 2020

News, Slider2020, Coronavirus, COVID-19, Income, Latin America, Social Protection

22MayMay 22, 2020

Coronavirus and Older Adults: A Highly Vulnerable Group

By María Laura Oliveri Older adults are among the largest groups at risk for the coronavirus and they have the highest fatality rate in several countries. Learn about the resources and materials that we offer to guide caregiving and public policy on aging and long-term care in countries in the region. Nursing Homes: Dangerous Infection Hotspots Since the outbreak of the coronavirus epidemic, it has been confirmed that older adults are the most vulnerable age group. They are...

May 22, 2020

Aging, Articles2020, Coronavirus, COVID-19, Public Policy, Social Protection

22MayMay 22, 2020

The Economic Commission for Latin America and the Caribbean proposes Universal Basic Income

The Economic Commission for Latin America and the Caribbean, a regional organism of the United Nations Secretariat has declared itself in favour of a new regime of welfare and social protection that includes the gradual, progressive and sustained establishment of universal basic income in the region of Latin America and the Caribbean. Read also World Bank Group: 100 Countries Get Support in Response to COVID-19 (Coronavirus) On May 12th, its executive secretary, Alicia Bárcena, presented the 3rd Special Report COVID-19:...

May 22, 2020

News, Slider2020, Coronavirus, COVID-19, Income, Latin America, Social Protection

21MayMay 21, 2020

India. Lack of social security for women in informal economy needs to be addressed

It was in the middle of the second lockdown. Ayeshaben, a home-based garment worker suddenly experienced chest pain. Her son, Asif, a tailor, requested one of his customers to take his mother in his rickshaw to the hospital. Thankfully, Ayeshaben has been taking insurance cover with SEWA’s insurance cooperative, VimoSEWA, for the last 15 years. Her claim of Rs 5,000 was processed online after Asif sent all her documents via WhatsApp. There are millions of Ayeshabens in this country....

May 21, 2020

News, Slider2020, Asia, India, Labor Market, Social Protection

20MayMay 20, 2020

World Bank Group: 100 Countries Get Support in Response to COVID-19 (Coronavirus)

The World Bank Group today announced its emergency operations to fight COVID-19 (coronavirus) have reached 100 developing countries – home to 70% of the world’s population. Since March, the Bank Group has rapidly delivered record levels of support in order to help countries protect the poor and vulnerable, reinforce health systems, maintain the private sector, and bolster economic recovery. This assistance, the largest and fastest crisis response in the Bank Group’s history, marks a milestone in implementing the Bank...

May 20, 2020

News, Slider2020, Coronavirus, COVID-19, Social Protection

18MayMay 18, 2020

Africa’s population is aging and it needs social protection

As the world continues to grapple with the unfolding COVID-19 crisis, many in Africa are worried not only about its spread but about the pandemic's long-term economic consequences as well. But long before our attention was captured by this virus, African governments were already ignoring an increasingly important factor in securing healthy populations and prosperous economies: Africa's older population is growing fast. Read also How COVID-19 impacts asset allocation strategy of pension funds According to a 2017 UN report on...

May 18, 2020

News, Slider2020, Africa, Aging, Coronavirus, COVID-19, Social Protection

18MayMay 18, 2020

Social protection responses to the COVID-19 crisis around the world

By ILO This note summarizes the results of the Social Protection Monitor that tracks announcements of social protection measures responding to the possible impacts of the COVID-19 crisis. We will update this note as new data and information become available in this rapidly evolving situation. Disclaimer: Owing to the exceptional circumstances generated by this global health pandemic, there has been intense activity in terms of the breadth of national responses and therefore not all information contained in this document could be...

May 18, 2020

Reports, System SustainabilityCoronavirus, COVID-19, Social Protection

15MayMay 15, 2020

Informality and the Challenge of Pension Adequacy: Outlook and Reform Options for Peru

By Christoph Freudenberg and Frederik Toscani Past reforms have put the Peruvian pension system on a largely fiscally sustainable path, but the system faces important challenges in providing adequate pension levels for a large share of the population. Using administrative microdata at the affiliate level, we project replacement rates in the defined benefit (DB) and defined contribution (DC) pillars over the next 30 years and simulate the impact of various reform scenarios on the average level and distribution of...

May 15, 2020

Books, Reports, System Sustainability2020, Coronavirus, Social Protection

May 2020