Strengthening Social Security Provision in Myanmar

Myanmar has a mix of contributory and non-contributory programs providing some elements of social security but for a very small section of the population. The government is considering reformsto its pension and other social security schemes. Streng...

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Main Authors:	Dutta, Puja Vasudeva, O'Keefe, Philip, Palacios, Robert
Format:	Report
Language:	English en_US
Published:	World Bank, Washington, DC 2015
Subjects:	HOUSEHOLD INCOMES LIVING STANDARDS WITHDRAWAL DEPOSIT REGULATORY FRAMEWORK LIABILITY RESTRICTIVE INVESTMENT POLICY ACCOUNTING DEPOSITS LOCAL CAPACITY FINANCIAL MANAGEMENT STOCK OLD-AGE PENSION FUND MANAGERS INFORMATION SYSTEM INTEREST OLD- AGE PENSION LIVING STANDARD PENSION SYSTEMS INVESTMENT POLICIES EXCHANGE OPTION LIQUIDITY REVENUES BANK DEPOSIT PORTFOLIO FISCAL POLICY MORTGAGE BONDS LOAN TAX REAL ESTATE LOANS CASH TRANSFER PENSION SYSTEM GOVERNMENT BOND PENSION REFORMS BUDGETING GOVERNMENT SUPPORT BENEFICIARIES INFORMATION SYSTEMS INVESTMENT REGIME PENSION INSTRUMENTS BUDGET WITHDRAWALS HUMAN RESOURCE LABOR MARKET INSTITUTIONAL INVESTOR FINANCIAL SUSTAINABILITY BENEFICIARY PENSION SYSTEM REFORM OLD-AGE PENSIONS FINANCES OPTIONS PENSION REFORM RETURN DEFICITS SETTLEMENT LOANS INVESTMENT OPPORTUNITIES RESERVES GROSS DOMESTIC PRODUCT EQUITIES INVENTORY FINANCIAL HEALTH CASH TRANSFERS PENSION FUNDS LEGAL FRAMEWORK FINANCE TAXES BAILOUT EXPENDITURE TRANSACTIONS INVESTMENT REGIMES INTERNATIONAL STANDARDS EQUITY TRANSACTION BUDGET CONSTRAINT REGULATORY FRAMEWORKS INCOME SECURITY GOOD TAX RATE GOVERNMENT BUDGET TRANSPARENCY FUTURE PENSIONS RETURNS FISCAL BURDEN CAPACITY CONSTRAINTS CONFLICTS OF INTEREST PURCHASING POWER GOVERNMENT EXPENDITURE BOND MARKET FINANCIAL PERFORMANCE EXPENDITURES PROPERTY SHARES TRANSACTION COSTS MARKET COMMERCIAL MORTGAGE INVESTMENT POLICY TAX DEDUCTION INSURANCE ECONOMIC DEVELOPMENT GOVERNMENT BONDS INTERESTS MALFEASANCE INVESTOR CORPORATE BONDS LONG-TERM FINANCES SECURITY GOVERNMENT SUBSIDIES STOCK EXCHANGE INVESTMENT RATES OF RETURN BOND HUMAN RESOURCES SHARE POVERTY REVENUE INVESTMENTS RISK MANAGEMENT LENDING PENSION FUND FINANCIAL SYSTEMS LIABILITIES PAYMENT SYSTEMS SOCIAL INSURANCE FUNDS PENSION PROVISION GUARANTEE INCOME LEVEL REGISTRATION PROCESS CORPORATE GOVERNANCE INVESTING
Online Access:	http://documents.worldbank.org/curated/en/2015/07/24764929/strengthening-social-security-provision-myanmar http://hdl.handle.net/10986/22325

id	okr-10986-22325
recordtype	oai_dc
spelling	okr-10986-223252021-04-23T14:04:08Z Strengthening Social Security Provision in Myanmar Dutta, Puja Vasudeva O'Keefe, Philip Palacios, Robert HOUSEHOLD INCOMES LIVING STANDARDS WITHDRAWAL DEPOSIT REGULATORY FRAMEWORK LIABILITY RESTRICTIVE INVESTMENT POLICY ACCOUNTING DEPOSITS LOCAL CAPACITY FINANCIAL MANAGEMENT STOCK OLD-AGE PENSION FUND MANAGERS INFORMATION SYSTEM INTEREST OLD- AGE PENSION LIVING STANDARD PENSION SYSTEMS INVESTMENT POLICIES EXCHANGE OPTION LIQUIDITY REVENUES BANK DEPOSIT PORTFOLIO FISCAL POLICY MORTGAGE BONDS LOAN TAX REAL ESTATE LOANS CASH TRANSFER PENSION SYSTEM GOVERNMENT BOND PENSION REFORMS BUDGETING GOVERNMENT SUPPORT BENEFICIARIES INFORMATION SYSTEMS INVESTMENT REGIME PENSION INSTRUMENTS BUDGET WITHDRAWALS HUMAN RESOURCE LABOR MARKET INSTITUTIONAL INVESTOR FINANCIAL SUSTAINABILITY BENEFICIARY PENSION SYSTEM REFORM OLD-AGE PENSIONS FINANCES OPTIONS PENSION REFORM RETURN DEFICITS SETTLEMENT LOANS INVESTMENT OPPORTUNITIES RESERVES GROSS DOMESTIC PRODUCT EQUITIES INVENTORY FINANCIAL HEALTH CASH TRANSFERS PENSION FUNDS LEGAL FRAMEWORK FINANCE TAXES BAILOUT EXPENDITURE TRANSACTIONS INVESTMENT REGIMES INTERNATIONAL STANDARDS EQUITY TRANSACTION BUDGET CONSTRAINT REGULATORY FRAMEWORKS INCOME SECURITY GOOD TAX RATE GOVERNMENT BUDGET TRANSPARENCY FUTURE PENSIONS RETURNS FISCAL BURDEN CAPACITY CONSTRAINTS CONFLICTS OF INTEREST PURCHASING POWER GOVERNMENT EXPENDITURE BOND MARKET FINANCIAL PERFORMANCE EXPENDITURES PROPERTY SHARES TRANSACTION COSTS MARKET COMMERCIAL MORTGAGE INVESTMENT POLICY TAX DEDUCTION INSURANCE ECONOMIC DEVELOPMENT GOVERNMENT BONDS INTERESTS MALFEASANCE INVESTOR CORPORATE BONDS LONG-TERM FINANCES SECURITY GOVERNMENT SUBSIDIES STOCK EXCHANGE INVESTMENT RATES OF RETURN BOND HUMAN RESOURCES SHARE POVERTY REVENUE INVESTMENTS RISK MANAGEMENT LENDING PENSION FUND FINANCIAL SYSTEMS LIABILITIES PAYMENT SYSTEMS SOCIAL INSURANCE FUNDS PENSION PROVISION GUARANTEE INCOME LEVEL REGISTRATION PROCESS CORPORATE GOVERNANCE INVESTING Myanmar has a mix of contributory and non-contributory programs providing some elements of social security but for a very small section of the population. The government is considering reformsto its pension and other social security schemes. Strengthening systems and ensuring fiscal sustainability should be a priority before implementing new provisions that may strain current delivery and financial management systems and to avoid crowding out other social spending. Should the proposed reforms be introduced, a very gradual transition is advisable. The reforms should aim to develop integrated, or at least harmonized, social security schemes for both public and private sector workers in the formal sector. It will also be critical to have a clear roadmap for long-term coverage expansion to a larger share of the population, particularly the poor and vulnerable. 2015-07-28T21:43:36Z 2015-07-28T21:43:36Z 2015-07-07 Report http://documents.worldbank.org/curated/en/2015/07/24764929/strengthening-social-security-provision-myanmar http://hdl.handle.net/10986/22325 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Social Protection Study East Asia and Pacific Myanmar
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	HOUSEHOLD INCOMES LIVING STANDARDS WITHDRAWAL DEPOSIT REGULATORY FRAMEWORK LIABILITY RESTRICTIVE INVESTMENT POLICY ACCOUNTING DEPOSITS LOCAL CAPACITY FINANCIAL MANAGEMENT STOCK OLD-AGE PENSION FUND MANAGERS INFORMATION SYSTEM INTEREST OLD- AGE PENSION LIVING STANDARD PENSION SYSTEMS INVESTMENT POLICIES EXCHANGE OPTION LIQUIDITY REVENUES BANK DEPOSIT PORTFOLIO FISCAL POLICY MORTGAGE BONDS LOAN TAX REAL ESTATE LOANS CASH TRANSFER PENSION SYSTEM GOVERNMENT BOND PENSION REFORMS BUDGETING GOVERNMENT SUPPORT BENEFICIARIES INFORMATION SYSTEMS INVESTMENT REGIME PENSION INSTRUMENTS BUDGET WITHDRAWALS HUMAN RESOURCE LABOR MARKET INSTITUTIONAL INVESTOR FINANCIAL SUSTAINABILITY BENEFICIARY PENSION SYSTEM REFORM OLD-AGE PENSIONS FINANCES OPTIONS PENSION REFORM RETURN DEFICITS SETTLEMENT LOANS INVESTMENT OPPORTUNITIES RESERVES GROSS DOMESTIC PRODUCT EQUITIES INVENTORY FINANCIAL HEALTH CASH TRANSFERS PENSION FUNDS LEGAL FRAMEWORK FINANCE TAXES BAILOUT EXPENDITURE TRANSACTIONS INVESTMENT REGIMES INTERNATIONAL STANDARDS EQUITY TRANSACTION BUDGET CONSTRAINT REGULATORY FRAMEWORKS INCOME SECURITY GOOD TAX RATE GOVERNMENT BUDGET TRANSPARENCY FUTURE PENSIONS RETURNS FISCAL BURDEN CAPACITY CONSTRAINTS CONFLICTS OF INTEREST PURCHASING POWER GOVERNMENT EXPENDITURE BOND MARKET FINANCIAL PERFORMANCE EXPENDITURES PROPERTY SHARES TRANSACTION COSTS MARKET COMMERCIAL MORTGAGE INVESTMENT POLICY TAX DEDUCTION INSURANCE ECONOMIC DEVELOPMENT GOVERNMENT BONDS INTERESTS MALFEASANCE INVESTOR CORPORATE BONDS LONG-TERM FINANCES SECURITY GOVERNMENT SUBSIDIES STOCK EXCHANGE INVESTMENT RATES OF RETURN BOND HUMAN RESOURCES SHARE POVERTY REVENUE INVESTMENTS RISK MANAGEMENT LENDING PENSION FUND FINANCIAL SYSTEMS LIABILITIES PAYMENT SYSTEMS SOCIAL INSURANCE FUNDS PENSION PROVISION GUARANTEE INCOME LEVEL REGISTRATION PROCESS CORPORATE GOVERNANCE INVESTING
spellingShingle	HOUSEHOLD INCOMES LIVING STANDARDS WITHDRAWAL DEPOSIT REGULATORY FRAMEWORK LIABILITY RESTRICTIVE INVESTMENT POLICY ACCOUNTING DEPOSITS LOCAL CAPACITY FINANCIAL MANAGEMENT STOCK OLD-AGE PENSION FUND MANAGERS INFORMATION SYSTEM INTEREST OLD- AGE PENSION LIVING STANDARD PENSION SYSTEMS INVESTMENT POLICIES EXCHANGE OPTION LIQUIDITY REVENUES BANK DEPOSIT PORTFOLIO FISCAL POLICY MORTGAGE BONDS LOAN TAX REAL ESTATE LOANS CASH TRANSFER PENSION SYSTEM GOVERNMENT BOND PENSION REFORMS BUDGETING GOVERNMENT SUPPORT BENEFICIARIES INFORMATION SYSTEMS INVESTMENT REGIME PENSION INSTRUMENTS BUDGET WITHDRAWALS HUMAN RESOURCE LABOR MARKET INSTITUTIONAL INVESTOR FINANCIAL SUSTAINABILITY BENEFICIARY PENSION SYSTEM REFORM OLD-AGE PENSIONS FINANCES OPTIONS PENSION REFORM RETURN DEFICITS SETTLEMENT LOANS INVESTMENT OPPORTUNITIES RESERVES GROSS DOMESTIC PRODUCT EQUITIES INVENTORY FINANCIAL HEALTH CASH TRANSFERS PENSION FUNDS LEGAL FRAMEWORK FINANCE TAXES BAILOUT EXPENDITURE TRANSACTIONS INVESTMENT REGIMES INTERNATIONAL STANDARDS EQUITY TRANSACTION BUDGET CONSTRAINT REGULATORY FRAMEWORKS INCOME SECURITY GOOD TAX RATE GOVERNMENT BUDGET TRANSPARENCY FUTURE PENSIONS RETURNS FISCAL BURDEN CAPACITY CONSTRAINTS CONFLICTS OF INTEREST PURCHASING POWER GOVERNMENT EXPENDITURE BOND MARKET FINANCIAL PERFORMANCE EXPENDITURES PROPERTY SHARES TRANSACTION COSTS MARKET COMMERCIAL MORTGAGE INVESTMENT POLICY TAX DEDUCTION INSURANCE ECONOMIC DEVELOPMENT GOVERNMENT BONDS INTERESTS MALFEASANCE INVESTOR CORPORATE BONDS LONG-TERM FINANCES SECURITY GOVERNMENT SUBSIDIES STOCK EXCHANGE INVESTMENT RATES OF RETURN BOND HUMAN RESOURCES SHARE POVERTY REVENUE INVESTMENTS RISK MANAGEMENT LENDING PENSION FUND FINANCIAL SYSTEMS LIABILITIES PAYMENT SYSTEMS SOCIAL INSURANCE FUNDS PENSION PROVISION GUARANTEE INCOME LEVEL REGISTRATION PROCESS CORPORATE GOVERNANCE INVESTING Dutta, Puja Vasudeva O'Keefe, Philip Palacios, Robert Strengthening Social Security Provision in Myanmar
geographic_facet	East Asia and Pacific Myanmar
description	Myanmar has a mix of contributory and non-contributory programs providing some elements of social security but for a very small section of the population. The government is considering reformsto its pension and other social security schemes. Strengthening systems and ensuring fiscal sustainability should be a priority before implementing new provisions that may strain current delivery and financial management systems and to avoid crowding out other social spending. Should the proposed reforms be introduced, a very gradual transition is advisable. The reforms should aim to develop integrated, or at least harmonized, social security schemes for both public and private sector workers in the formal sector. It will also be critical to have a clear roadmap for long-term coverage expansion to a larger share of the population, particularly the poor and vulnerable.
format	Report
author	Dutta, Puja Vasudeva O'Keefe, Philip Palacios, Robert
author_facet	Dutta, Puja Vasudeva O'Keefe, Philip Palacios, Robert
author_sort	Dutta, Puja Vasudeva
title	Strengthening Social Security Provision in Myanmar
title_short	Strengthening Social Security Provision in Myanmar
title_full	Strengthening Social Security Provision in Myanmar
title_fullStr	Strengthening Social Security Provision in Myanmar
title_full_unstemmed	Strengthening Social Security Provision in Myanmar
title_sort	strengthening social security provision in myanmar
publisher	World Bank, Washington, DC
publishDate	2015
url	http://documents.worldbank.org/curated/en/2015/07/24764929/strengthening-social-security-provision-myanmar http://hdl.handle.net/10986/22325
_version_	1764450794344546304

Strengthening Social Security Provision in Myanmar

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