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Social Protection for a Changing India : Executive Summary

Autor: Banco Mundial
Año: 2011
Resumen: India's surge in growth and rapid expansion in public spending in the past decade has created new possibilities for its social protection system. The growing importance of social protection (SP) is reflected in the Government of India (GoI) common minimum program and eleventh five year plan which commit to institutionalization of programs as legal rights (as in the case of public works, through the national rural employment guarantee act), continued up-scaling of interventions (e.g., social pensions and midday meals), and proposals to expand new types of SP interventions to the large unorganized sector (e.g., social security). The report draws on existing and new data sources,. including analysis of: (i) administrative data; (ii) several rounds of the National Sample Survey (NSS) data; (iii) a social protection survey (SPS) undertaken for this report in 2006 in rural areas of Orissa, Madhya Pradesh, and Karnataka; (iv) dedicated surveys on social pensions in Karnataka (KSPS) and Rajasthan (RSPS) in 2005 and 2006 respectively; and (v) a living standards survey conducted in Jharkhand in 2005 (JLSS). In addition, the report incorporates a rich body of secondary sources on SP program performance and impact by national researchers and government agencies.

Fuente: Banco Mundial
Clasificación: Seguridad Social y Sistemas de Pensiones
Tipo de Publicación: Informes
Idioma:

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Russian Federation : The Demographic Transition and Its Implications for Adult Learning and Long-Term Care Policies

Autor: Banco Mundial
Año: 2011
Resumen: This report describes the demographic transition in the Russian Federation and its implications for adult learning and long-term care policies. The population of Russia is aging and declining rapidly compared to other European nations. Russia's current age structure results from decades of complex demographic trends that have created a population structure with increasingly fewer young people. Women are having fewer children and are waiting longer to have children. Russia's mortality remains higher than in other developed societies. This high mortality is due to an unusually high incidence of non-communicable diseases (NCDs) and injuries among adult men. Two key challenges face Russia. The first challenge is whether public expenditure on pensions and health care will become unsustainable as the size of the elderly population increases. The second challenge is whether declining population sizes will reduce the size of the labor force and hence reduce economic growth.

Fuente: Banco Mundial
Clasificación: Demografía
Tipo de Publicación: Notas de Pensiones
Idioma:

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Fiscal Projections for Pension System of Belarus

Autor: Banco Mundial
Año: 2011
Resumen: This note attempts to describe the pension system in Belarus including its fiscal performance, redistributive aspects benefit levels and benefit eligibility conditions. The note also discusses the challenging demographic environment which Belarus pension system is expected to face in the future and explores alternative paths that the system could take in this environment. Some reform scenarios are explored including the increase in retirement ages, changes in benefit indexation rules and the introduction of notional defined contribution accounts.

Fuente: Banco Mundial
Clasificación: Seguridad Social y Sistemas de Pensiones
Tipo de Publicación: Notas de Pensiones
Idioma:

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Croatia: Policy Options for Further Pension System Reform

Autor: Banco Mundial
Año: 2011
Resumen: In response to prolonged recession, in April 2010 the Croatian Government adopted an Economic Recovery Program to safeguard macroeconomic stability and support faster recovery of the private sector. A central element of the program is comprehensive overhaul of the pension insurance system to ensure long-term fiscal and social sustainability as the population ages. The authorities have asked the World Bank to both support the reform design and develop a pension simulation model to support decision-making process. This technical note is intended to facilitate discussion on ways to improve the entire pension system. This note assesses the impact of the recent pension measures and how they could be combined with other measures to make the system sustainable in the long run. (...) In these circumstances raising the second pillar rate would be a significant stretch. However, a rate rise can be justified by (i) higher future replacement rates and lower implicit pension debt compared to realigning the basic pension alone; (ii) declining PAYG expenditures throughout the simulation period; and (iii) a declining financing requirement for privileged pensions and the second pillar shortfall. Delaying a rise in the second pillar contribution rate would negatively affect future multi-pillar replacement rates and burden future generations with an even larger problem. An alternative would be to increase the pension contribution rate to support the lost revenues due to transition cost. However, the higher the contribution rate, the higher the labor cost, the lower the competitiveness, and the larger the shadow economy. This should therefore be considered a measure of last resort unless the increase comes at the expense of other contributions currently charged on wages. Finally, options for protecting a fall in replacement rates for current pensioners and PAYG-only participants should be discussed only when the fiscal space would allow such interventions.

Fuente: Banco Mundial
Clasificación: Reformas de Pensiones
Tipo de Publicación: Notas de Pensiones
Idioma:

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Croatia: Policy Options for Further Pension System Reform

Autor: Banco Mundial
Año: 2011
Resumen: In response to prolonged recession, in April 2010 the Croatian Government adopted an Economic Recovery Program to safeguard macroeconomic stability and support faster recovery of the private sector. A central element of the program is comprehensive overhaul of the pension insurance system to ensure long-term fiscal and social sustainability as the population ages. The authorities have asked the World Bank to both support the reform design and develop a pension simulation model to support decision-making process. This technical note is intended to facilitate discussion on ways to improve the entire pension system. This note assesses the impact of the recent pension measures and how they could be combined with other measures to make the system sustainable in the long run. (...) In these circumstances raising the second pillar rate would be a significant stretch. However, a rate rise can be justified by (i) higher future replacement rates and lower implicit pension debt compared to realigning the basic pension alone; (ii) declining PAYG expenditures throughout the simulation period; and (iii) a declining financing requirement for privileged pensions and the second pillar shortfall. Delaying a rise in the second pillar contribution rate would negatively affect future multi-pillar replacement rates and burden future generations with an even larger problem. An alternative would be to increase the pension contribution rate to support the lost revenues due to transition cost. However, the higher the contribution rate, the higher the labor cost, the lower the competitiveness, and the larger the shadow economy. This should therefore be considered a measure of last resort unless the increase comes at the expense of other contributions currently charged on wages. Finally, options for protecting a fall in replacement rates for current pensioners and PAYG-only participants should be discussed only when the fiscal space would allow such interventions.

Fuente: Banco Mundial
Clasificación: Reformas de Pensiones
Tipo de Publicación: Notas de Pensiones
Idioma:

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