Closing the Coverage Gap The Role of Social Pensions and Other Retirement Income Transfers

by Holzmann, Robert; Robalino, David A.; Takayama, Noriyuki

• ISBN13: 9780821379714
• ISBN10: 0821379712
• Format: Paperback
• Copyright: 2009-06-16
• Publisher: World Bank Publications

Summary

This book discusses how to design retirement income transfers to prevent poverty during old-age, when the coverage of contributory pension systems is low.

Table of Contents

Preface and Acknowledgments	p. ix
Contributors	p. xi
Overview and Preliminary Policy Guidance	p. 1
Measuring the Coverage Gap	p. 23
Pensions and Old-Age Poverty	p. 41
Rights-Based Approach to Social Security Coverage Expansion	p. 57
Social Pensions in Low-Income Countries	p. 73
Social Pensions in Four Middle-Income Countries	p. 85
Social Pensions in High-Income Countries	p. 99
Pension Coverage in Japan	p. 111
The Role of Social Pensions in the Republic of Korea	p. 119
Incentive Effects of Retirement Income Transfers	p. 125
Financing Social Pensions	p. 149
Defining Eligibility for Social Pensions: A View from a Social Assistance Perspective	p. 161
Matching Defined Contributions: A Way to Increase Pension Coverage	p. 187
Administration of Social Pension Programs	p. 203
Index	p. 215
Boxes
Expansion of social security coverage for the elderly in the Philippines, the Republic of Korea, and Bolivia	p. 37
Universalism versus targeting for social pensions	p. 164
Proxy means tests	p. 166
Summary of data sources, definitions, and methods	p. 167
Figures
Taxonomy of retirement income transfers	p. 3
Share of the elderly living with their children	p. 5
Minimum pensions in middle- and low-income countries	p. 9
Benefits and coverage of social pensions in middle- and low-income economies	p. 11
Coverage as measured by active members of mandatory pension systems as share of labor force, worldwide, early 2000s	p. 29
Relationship between coverage of the active population and GDP per capita, selected countries, early 2000s	p. 29
Coverage rates of the economically active population, Latin America, 1990s and early 2000s	p. 32
Relationship between elderly coverage and GDP per capita, selected countries, early 2000s	p. 34
Social pensions as share of per capita GDP, early 2000s	p. 35
Coverage rates of the elderly, Latin America and the Caribbean, 1990s and early 2000s	p. 36
Comparison of poverty rates for national population and elderly population, OECD countries, various years (2003-06)	p. 43
Poverty rates, nonelderly households and households with older people, selected Sub-Saharan African countries, 1998-2001	p. 43
Old-age poverty rates and nonelderly poverty rates, controlling for the effect of pensions, Latin America and the Caribbean (2001-2005)	p. 44
Old-age poverty rates and putative poverty rates in the absence of public pensions, OECD countries	p. 46
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