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SENIOR CITIZENS
(3)
answer(s).
Srl
Item
1
ID:
178435
Estimation of the Implementation Costs and Financing Options for Introducing a Universal Pension Scheme in Bangladesh
/ Rahman, Mustafizur; Khan, Towfiqul Islam ; Sabbih, Mostafa Amir
Rahman, Mustafizur
Journal Article
0 Rating(s) & 0 Review(s)
Summary/Abstract
The number of people aged more than 60 in Bangladesh is projected to constitute 20% of total population by 2051. The demographic momentum makes it necessary to pursue policies that guarantee a secured life for the country’s senior citizens. Currently, more than 40% of old age population (more than 65 years) in Bangladesh do not receive any type of pension or social security benefits. In this backdrop, introduction of a universal pension scheme (UPS) is an idea that should merit serious consideration. The idea of a UPS is also aligned with several Sustainable Development Goals (SDG) targets. Based on the International Labour Organization multi-pillar pension model, the article deals with required financing under different scenarios of introducing UPS in Bangladesh. The study estimates that for introducing a non-contributory UPS in Bangladesh, it would require an additional average allocation equivalent to 0.1%–0.5% of gross domestic product per annum between now and 2040. The article also estimates financing needs considering two options for the contributory UPS. The article concludes that UPS in Bangladesh can be launched on a limited scale which then could be expanded in scope and coverage in a gradual and phased manner. The article also underscores that introduction of UPS will create opportunities to rationalize the existing safety net programmes that will release funds for underwriting the UPS.
Key Words
Bangladesh
;
Financing
;
Universality
;
Senior Citizens
;
SDGS
;
Pension Schemes
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2
ID:
126897
Hoping for Spring in Winter: Pakistanis pride themselves on their respect for the elderly, but little assistance exists on an official level.
/ Ramzi, Shanaz
Ramzi, Shanaz
Journal Article
0 Rating(s) & 0 Review(s)
Publication
2013.
Key Words
Employment
;
Health Insurance
;
Nadra
;
Senior Citizens
;
Pakistani Railways
;
Pakistan - 1967-1977
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3
ID:
158332
No country for old men
/ Bhakto, Anando
Bhakto, Anando
Journal Article
0 Rating(s) & 0 Review(s)
Key Words
Senior Citizens
;
Old Men
;
Public Safty Act
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