Extending Pension Coverage to the Informal Sector in Africa

The coverage of pension systems in the Africa region is limited to the small segment of the population in the formal sector. Coverage is thin partly because traditional contributory pension schemes are not responding to the needs of the informal se...

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Bibliographic Details
Main Author: Guven, Melis
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/153021563855893271/Extending-Pension-Coverage-to-the-Informal-Sector-in-Africa
http://hdl.handle.net/10986/32179
id okr-10986-32179
recordtype oai_dc
spelling okr-10986-321792021-05-25T09:26:34Z Extending Pension Coverage to the Informal Sector in Africa Guven, Melis INFORMAL SECTOR SELF EMPLOYMENT PENSION REFORM PENSION BENEFITS The coverage of pension systems in the Africa region is limited to the small segment of the population in the formal sector. Coverage is thin partly because traditional contributory pension schemes are not responding to the needs of the informal sector. As a result, a large share of the region’s adult population has no access to contributory pension schemes during their working lives. This means they will not be eligible for a pension. It also means the elderly coverage gap will persist in most countries. Expanding coverage to a larger group of workers is especially important because the elderly is now often cared for by their children. As the children move to cities, their ties to the elderly and home villages weaken. As a result, the elderly may be left behind with fewer resources. 2019-08-06T14:39:40Z 2019-08-06T14:39:40Z 2019-07-22 Working Paper http://documents.worldbank.org/curated/en/153021563855893271/Extending-Pension-Coverage-to-the-Informal-Sector-in-Africa http://hdl.handle.net/10986/32179 English Social Protection and Jobs Discussion Paper,No. 1933; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper Africa Sub-Saharan Africa Benin Ghana Kenya Rwanda Uganda
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic INFORMAL SECTOR
SELF EMPLOYMENT
PENSION REFORM
PENSION BENEFITS
spellingShingle INFORMAL SECTOR
SELF EMPLOYMENT
PENSION REFORM
PENSION BENEFITS
Guven, Melis
Extending Pension Coverage to the Informal Sector in Africa
geographic_facet Africa
Sub-Saharan Africa
Benin
Ghana
Kenya
Rwanda
Uganda
relation Social Protection and Jobs Discussion Paper,No. 1933;
description The coverage of pension systems in the Africa region is limited to the small segment of the population in the formal sector. Coverage is thin partly because traditional contributory pension schemes are not responding to the needs of the informal sector. As a result, a large share of the region’s adult population has no access to contributory pension schemes during their working lives. This means they will not be eligible for a pension. It also means the elderly coverage gap will persist in most countries. Expanding coverage to a larger group of workers is especially important because the elderly is now often cared for by their children. As the children move to cities, their ties to the elderly and home villages weaken. As a result, the elderly may be left behind with fewer resources.
format Working Paper
author Guven, Melis
author_facet Guven, Melis
author_sort Guven, Melis
title Extending Pension Coverage to the Informal Sector in Africa
title_short Extending Pension Coverage to the Informal Sector in Africa
title_full Extending Pension Coverage to the Informal Sector in Africa
title_fullStr Extending Pension Coverage to the Informal Sector in Africa
title_full_unstemmed Extending Pension Coverage to the Informal Sector in Africa
title_sort extending pension coverage to the informal sector in africa
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/153021563855893271/Extending-Pension-Coverage-to-the-Informal-Sector-in-Africa
http://hdl.handle.net/10986/32179
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