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The Socpen and Its Role in Closing the Coverage Gap Among Poor Elderly Filipinos

Autor: Velarde, Rashiel B.; Albert, Jose Ramon G.
Año: 2018
Resumen: Since the formulation of the Philippine Development Plan (PDP) of 2010-2016, social protection (SP) has figured more prominently in the country's development agenda and in policy dialogs. The PDP for 2017-2022 continues the same emphasis on SP (National Economic and Development Authority (NEDA), 2017a). For the first time, policies to achieve social protection for all Filipinos have been featured in the PDP, with the view to building resilience of Filipinos, their families and communities. Specific strategies include enhancing social protection for the informal sector, improving the social pension system, strengthening mechanisms to ensure enrolment in the social security system, expanding health insurance packages, establishing an unemployment insurance system, among others. Further, the PDP also highlights the requirements to address implementation issues on convergence, planning, mainstreaming of SP at the local level, including better M&E, collection and use of data.

Fuente: Banco Mundial
Clasificación: Seguridad Social y Sistemas de Pensiones
Tipo de Publicación: Informes
Idioma:

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Bangladesh: Improving the Administration of Civil Service Pensions

Autor: Grupo Banco Mundial
Año: 2018
Resumen: As part of a deepening engagement with the Government of Bangladesh (GoB) on the broader pensions agenda, this note analyzes and makes recommendations concerning the administration of civil service pensions. The national social security strategy (NSSS), was launched in 2015 and presented a comprehensive pension reform program towards a universal participatory pension system that is fully funded, covering the elderly and destitute, private sector salaried and informal workers, and public-sector employees. As requested by the GoB, this note supports efforts on this broader agenda with a focused review of the existing administration of civil service pensions, highlighting key areas for improvement. The study looks at the current civil service pension systems and processes, reviewing the use of information technology to transit employees from the payroll to the pension database and assessing the control environment for accounting, payment, and reporting of civil service pensions. Each section highlights key challenges and makes recommendations aimed at strengthening the system. Section one gives introduction. Section two considers civil service pension coverage, budgeting, and administrative arrangements. Section three is focused on improving processing and payment procedures. Section four considers measures to strengthen accounting and monitoring of civil service pensions, and section five concludes.

Fuente: Banco Mundial
Clasificación: Seguridad Social y Sistemas de Pensiones
Tipo de Publicación: Notas de Pensiones
Idioma:

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Can Information Influence the Social Insurance Participation Decision of China's Rural Migrants?

Autor: Giles, John; Meng, Xin; Xue, Sen; Zhao, Guochang
Año: 2018
Resumen: This paper uses a randomized information intervention to shed light on whether poor understanding of social insurance, both the process of enrolling and costs and benefits, drives the relatively low rates of participation in urban health insurance and pension programs among China's rural-urban migrants. Among workers without a contract, the information intervention has a strong positive effect on participation in health insurance and, among younger age groups, in pension programs. Migrants are responsive to price: in cities where the premiums are low relative to earnings, information induces health insurance participation, while declines are observed in cities with high relative premiums.

Fuente: Banco Mundial
Clasificación: Seguro
Tipo de Publicación: Documentos de Trabajo
Idioma:

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On Financing Retirement, Health, and Long-term Care in Japan

Autor: McGrattan, Ellen R.; Miyachi, Kazuaki; Peralta, Adrian
Año: 2018
Resumen: Japan faces the problem of how to finance retirement, health, and long-term care expenditures as the population ages. This paper analyzes the impact of policy options intended to address this problem by employing a dynamic general equilibrium overlapping generations model, specifically parameterized to match both the macroeconomic and microeconomic level data of Japan. We find that financing the costs of aging through gradual increases in the consumption tax rate delivers a better macroeconomic performance and higher welfare for most individuals than other financing options, including those of raising social security contributions, debt financing, and a uniform increase in health and long-term care copayments.

Fuente: Fondo Monetario Internacional (FMI)
Clasificación: Demografía
Tipo de Publicación: Documentos de Trabajo
Idioma:

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Demographics, Old-Age Transfers and the Current Account

Autor: Mai, Chi Dao; Jones, Callum
Año: 2018
Resumen: Building on the evolving literature on the topic, this paper reviews the relationship between demographics and long-run capital flows in both theory and in the data. For this purpose, we develop a two region overlapping generations model where countries differ in their population growth and mortality risk. Besides exploring the implications of demographics for saving and the current account over the long-run, we also study how these might be affected by differences in the coverage and sustainability of old-age transfer schemes. The model predicts that population structure and life expectancy (which affects the need to save to meet old age consumption) affect current account levels, and that while countries with more generous unfunded transfer schemes tend to have lower saving and more capital inflows over the long-run, this effect may be dampened by natural limits (on taxation) of these schemes. The key predictions of the model are generally supported by a rich panel dataset.

Fuente: Fondo Monetario Internacional (FMI)
Clasificación: Demografía
Tipo de Publicación: Documentos de Trabajo
Idioma:

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