World Bank support for pensions and social security

Mark Dorfman and Robert Palacios ()

No 70925, Social Protection Discussion Papers and Notes from The World Bank

Abstract: Pension and social insurance programs that prevent a substantial loss in consumption resulting from old age, disability, or death are an integral part of any social protection system. The dual objectives of such programs are to allow for the prevention of a sharp decline in income when these life-cycle events take place and protection against poverty in old age. This background paper reviews the World Bank's conceptual framework for the analysis of pension programs and defines the major challenges facing low and middle income countries, namely, coverage, adequacy and sustainability. The paper proposes a broad, forward-looking strategy to help address these challenges.

Keywords: Safety Nets and Transfers; Pensions&Retirement Systems; Emerging Markets; Debt Markets; Banks&Banking Reform (search for similar items in EconPapers)
Date: 2012-03-01
New Economics Papers: this item is included in nep-age and nep-dem
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:wbk:hdnspu:70925

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