The Design and Implementation of Public Pension Systems in Developing Countries: Issues and Options

Arbeitspapier

Developing countries are increasingly aware of the need to design and implement improvements in public systems for providing pensions to the elderly. Such systems may aim to smooth consumption and thus provide reliable income to older people, reduce poverty among the elderly, insure those no longer working against the risk of running out of funds, and promote equal treatment of men and women in retirement security even when lifetime earnings and projected average life expectancy may differ greatly. The increasing share of the elderly in the population of all countries makes implementation of sustainable pension systems both more urgent and more difficult. Planners must consider numerous options in pension system design and choose the combination of policies that will optimize coverage, benefits, and financing given a country's demographics, history, practices regarding family support of the elderly, political system, extent of informal labour, and fiscal situation.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IZA Policy Paper ; No. 59

Classification and Topics

• Classification: Wirtschaft ; Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination ; Retirement; Retirement Policies ; Demographic Trends, Macroeconomic Effects, and Forecasts ; Demographic Economics: Public Policy
• Subject: pension systems ; aging ; retirement ; life expectancy ; Rentenpolitik ; Gesetzliche Rentenversicherung ; Armutsbekämpfung ; Alternde Bevölkerung ; Entwicklungsländer

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Bloom, David E. ; McKinnon, Roddy
• Event: Veröffentlichung
• (who): Institute for the Study of Labor (IZA)
• (where): Bonn
• (when): 2013

Further information

• Handle: http://hdl.handle.net/10419/91804
• Last update: 10.03.2025, 11:45 AM CET