South Asia : Pension Schemes for the Formal Sector, Emerging Challenges and Opportunities for Reform

For centuries informal arrangements such as intra-family transfers have been the primary source of old-age income support in South Asia. That remains true even today. Current patterns suggest that only around 1 in 10 of South Asia's half a billion workers will enter old age with a pension relat...

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Bibliographic Details
Main Author:	World Bank
Format:	Other Social Protection Study
Language:	English en_US
Published:	Washington, DC 2012
Subjects:	ACCRUAL RATES ADVERSE EFFECTS ANNUITIES ANNUITIES MARKETS ANNUITY ASSET MANAGEMENT AVERAGE WAGE BANK DEPOSITS BASE YEAR BENCHMARK BENEFICIARIES BONDS BUDGET CONSTRAINTS CAPITAL MARKETS CD CERTIFICATE OF DEPOSIT COMPENSATION PACKAGE CONSUMER PRICE INDEX CONTRIBUTION RATE CONTRIBUTION RATES CONTRIBUTORY PROGRAMS COVERAGE DEFINED BENEFIT PLANS DEFINED BENEFIT SCHEMES DEFINED CONTRIBUTION PLANS DEPENDENCY RATIO DISCOUNT RATE DISCOUNTED VALUE EXCHANGE RATES EXPECTED PRESENT VALUE FINANCIAL SECTOR FORMAL LABOR MARKET FORMAL SECTOR WORKERS FUNDED COMPONENT FUNDED SCHEMES GDP GOVERNMENT BONDS GROSS DOMESTIC PRODUCT GUARANTEED BENEFIT INADEQUATE SUPERVISION INCOME GROUPS INCOME SECURITY INCOME SUPPORT INFLATION INFLATION RISK INFORMAL SECTOR INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL STRUCTURE INSURANCE COMPANY INVESTMENT GUIDELINES INVESTMENT PERFORMANCE INVESTMENT POLICIES INVESTMENT RETURNS JOINT ANNUITY LABOR FORCE LABOR MOBILITY LIFE EXPECTANCY LIFE INSURANCE LIFETIME EARNINGS LIQUIDITY MANAGEMENT STRUCTURES MANDATORY RETIREMENT MANDATORY SCHEMES MEDIUM-SIZE ENTERPRISES MOBILITY OF LABOR OCCUPATIONAL SCHEMES OCCUPATIONS OLD AGE BENEFITS PAY AS YOU GO PENSION FUND PENSION FUNDS PENSION LIABILITIES PENSION PLAN PENSION PLANS PENSION REFORM PENSION REFORMS PENSION REGULATION PENSION RIGHTS PENSION SCHEMES PENSION SYSTEM PENSION SYSTEMS PENSIONS PILLAR SYSTEM POLITICAL ECONOMY PORTFOLIO CHOICE PRESENT VALUE PRICE INDEXATION PRIMARY SOURCE PRIVATE FIRMS PRIVATE PENSION PRIVATE PENSION FUNDS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR WORKERS PRIVATE SECTORS PROVIDENT FUNDS PUBLIC DEBT PUBLIC SECTOR PUBLIC SECTOR EMPLOYEES REGULATORY FRAMEWORK REPLACEMENT RATE REPLACEMENT RATES RESERVES RETIREES RETIREMENT RETIREMENT AGE RETIREMENT INCOME RETIREMENT INCOME SYSTEMS RETIREMENT PLANS RETIREMENT PROGRAMS RETIREMENT SAVINGS SEASONAL WORKERS SECURITIES SERVANTS SOCIAL POLICY SOCIAL SAFETY NET SOUTH ASIAN STATE GOVERNMENT STATE-OWNED ENTERPRISES SUPERVISORY CAPACITY SUPERVISORY FRAMEWORK SUSTAINABILITY TAX REVENUES TAX TREATMENT UNFUNDED LIABILITIES VOLUNTARY PENSION SCHEMES WAGE COMPRESSION WAGE DIFFERENTIALS WAGE PREMIUM WAGES WORKER YOUNGER WORKERS
Online Access:	http://documents.worldbank.org/curated/en/2005/01/6534626/south-asia-pension-schemes-formal-sector-emerging-challenges-opportunities-reform http://hdl.handle.net/10986/8424