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Social pensions Part I : their role in the overall pension system

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  • Palacios, Robert
  • Sluchynsky, Oleksiy

Abstract

Cash transfers for the elderly with little or no link to previous contribution, or work history are employed in many countries to provide income support for the elderly. In the context of the larger debate over pension reform, some argue that these'social pensions'are an effective way to deal with chronically low coverage of contributory schemes, and to alleviate poverty among the elderly. This paper reviews the global experience with social pensions. We find that coverage and cost of these programs varies widely, and that the appropriate role for social pensions should take into account several country-specific conditions. The extent of coverage of the contributory scheme, the extent of other social assistance programs, and the relative poverty status of the elderly are among the factors that should be considered. Design and implementation issues will be reviewed in Part II.

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Bibliographic Info

Paper provided by The World Bank in its series Social Protection Discussion Papers with number 36237.

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Date of creation: 01 May 2006
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Handle: RePEc:wbk:hdnspu:36237

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Related research

Keywords: Poverty Impact Evaluation; Poverty Monitoring&Analysis; Services&Transfers to Poor; Insurance&Risk Mitigation; Rural Poverty Reduction;

References

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  1. Palacios, Robert & Whitehouse, Edward, 2006. "Civil-service pension schemes around the world," MPRA Paper 14796, University Library of Munich, Germany.
  2. Larry Willmore, 2004. "Universal Pensions in Low Income Countries," Public Economics, EconWPA 0412002, EconWPA.
  3. Jagadeesh Gokhale & Laurence J. Kotlikoff & Alexi Sluchynsky, 2002. "Does it pay to work?," Working Paper, Federal Reserve Bank of Cleveland 0206, Federal Reserve Bank of Cleveland.
  4. John, Susan St. & Willmore, Larry, 2001. "Two Legs are Better than Three: New Zealand as a Model for Old Age Pensions," World Development, Elsevier, Elsevier, vol. 29(8), pages 1291-1305, August.
  5. Lanjouw, Peter & Milanovic, Branko & Paternostro, Stefano, 1998. "Poverty and the economic transition : how do changes in economies of scale affect poverty rates for different households?," Policy Research Working Paper Series, The World Bank 2009, The World Bank.
  6. Suzanne Doyle & Olivia S. Mitchell & John Piggott, 2001. "Annuity Values in Defined Contribution Retirement Systems: The Case of Singapore and Australia," NBER Working Papers 8091, National Bureau of Economic Research, Inc.
  7. Robalino, David & Whitehouse, Edward & Mataoanu, Anca & Musalem, Alberto & Sherwood, Elisabeth & Sluchynsky, Oleksiy, 2005. "Pensions in the Middle East and North Africa: time for change," MPRA Paper 10448, University Library of Munich, Germany.
  8. Sarmistha Pal & Robert Palacios, 2006. "Old Age Poverty In The Indian States:What Do The Household Data Tell Us?," Economics and Finance Discussion Papers, Economics and Finance Section, School of Social Sciences, Brunel University 06-16, Economics and Finance Section, School of Social Sciences, Brunel University.
  9. Whitehouse, Edward, 2000. "How poor are the old? a survey of evidence from 44 countries," Social Protection Discussion Papers, The World Bank 23141, The World Bank.
  10. David Coady & Margaret Grosh & John Hoddinott, 2004. "Targeting of Transfers in Developing Countries : Review of Lessons and Experience," World Bank Publications, The World Bank, number 14902, August.
  11. Irineu E. Carvalho Filho, 2008. "Household Income As a Determinant of Child Labor and School Enrollment in Brazil," IMF Working Papers, International Monetary Fund 08/241, International Monetary Fund.
  12. Palacios, Robert J., 2003. "Pension reform in the Dominican Republic," Social Protection Discussion Papers, The World Bank 29140, The World Bank.
  13. Larry Willmore, 2004. "Universal Pensions in Mauritius: Lessons for the Rest of Us," Public Economics, EconWPA 0412003, EconWPA.
  14. Dreze, Jean & Srinivasan, P. V., 1997. "Widowhood and poverty in rural India: Some inferences from household survey data," Journal of Development Economics, Elsevier, Elsevier, vol. 54(2), pages 217-234, December.
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Citations

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Cited by:
  1. Frieda Vandeninden, 2010. "Social Pensions in Europe: The Aim, The Impact and The Cost," CREPP Working Papers 1007, Centre de Recherche en Economie Publique et de la Population (CREPP) (Research Center on Public and Population Economics) HEC-Management School, University of Liège.
  2. Juergen Jung & Chung Tran, 2011. "The Extension of Social Security Coverage in Developing Countries," Working Papers, Towson University, Department of Economics 2011-06, Towson University, Department of Economics, revised Nov 2011.
  3. World Bank, 2009. "Republic of Niger : Towards an Integrated and Sustainable Pension System," World Bank Other Operational Studies 18892, The World Bank.
  4. Guy Standing, 2007. "How Cash Transfers Boost Work and Economic Security," Working Papers, United Nations, Department of Economics and Social Affairs 58, United Nations, Department of Economics and Social Affairs.
  5. Aaron George Grech, 2013. "How best to measure pension adequacy," CASE Papers, Centre for Analysis of Social Exclusion, LSE /172, Centre for Analysis of Social Exclusion, LSE.
  6. Vandeninden, Frieda, 2012. "A Simulation of Social Pensions in Europe," MERIT Working Papers, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT) 008, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  7. repec:wbk:wbpubs:6007 is not listed on IDEAS
  8. Joya, N.E.A., 2007. "Dreams that do not come true: re-addressing social security to expand old-age social protection: the case of informal workers in El Salvador," ISS Working Papers - General Series, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague 18755, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
  9. Whitehouse, Edward, 2009. "Pensions at a glance: Asia/Pacific," MPRA Paper 36134, University Library of Munich, Germany.
  10. GAUTIER, Axel & WAUTHY, Xavier, 2010. "Competitively neutral universal service obligations," CORE Discussion Papers, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) 2010061, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  11. Fang Cai & John Giles & Philip O'Keefe & Dewen Wang, 2012. "The Elderly and Old Age Support in Rural China : Challenges and Prospects," World Bank Publications, The World Bank, number 2249, August.
  12. Barrientos, Armando, 2012. "What is the Role of Social Pensions in Asia?," ADBI Working Papers, Asian Development Bank Institute 351, Asian Development Bank Institute.
  13. Aaron George, Grech, 2014. "Pension policy design: The core issues," MPRA Paper 53662, University Library of Munich, Germany.

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