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How European countries are reforming pensions to tackle rising costs, worker shortages | Reuters pmassetti German measures to incentivize workers to retire later come as governments across Europe are turning to pension reforms to address worker shortages and ease the burden on their pension systems. Here is what other European countries are doing.
Working till your 70s — Japan's prospective gift to the world pmassetti The Japan Times (05.09.2024) Japanese people are living longer, but with a struggling pension system and the highest inflation in decades, more are delaying retirement until their 70s or later to make ends meet. Japan has some of the longest lifespans in the world, with men living an average of 81 years and women 87 years. This longevity strains the nation’s pension system, making it a case study for other developed countries with similar demographic trends. Pensions japan
Minimum Income and Social Inclusion Pathways – A review of selected European Union programs pmassetti worldbank.org (30.07.2024) Across European Union (EU) countries, the institutional design of Minimum Income (MI) programs varies widely in terms of the benefits and services provided to recipients, despite significant convergence toward a similar MI model and shared common approaches. This discussion paper investigates the delivery of social inclusion pathways, i.e., non-monetary support components to foster MI recipients’ social inclusion and highlights common challenges and good practices across eight EU case study countries (Belgium, France, Germany, Greece, Italy, Portugal, Spain, and Sweden). The paper shows that while some countries prioritize labor activation for workforce reintegration of MI recipients, others aim for broader social inclusion, recognizing the challenges in integrating such recipients into the labor market due to their complex needs. Moreover, the paper examines how the social inclusion pathway and case management interventions in MI programs affect recipient’s welfare within poverty-targeted programs. It notes the lack of evidence on the effectiveness and impact of social inclusion pathways within MIs and mentions ongoing evaluations in Spain, Italy, and France to address this gap. See Less Social assistance Europe
The geopolitical ripple effect of Asia’s ageing population pmassetti lowyinstitute.org (28.09.2024) Economies, cultures and foreign policy objectives are set to evolve with the region’s shifting demographics. Old-age pensions Asia
India: Government To Bring Gig Workers Under Social Security Net Via e-Shram Portal pmassetti swarajyamag.com (02.09.2024) The government will soon allow gig and platform workers to register on the e-Shram portal, ensuring they are covered under social security schemes, Union Labour & Employment Minister Mansukh Mandaviya announced on Sunday (1 September). Mandaviya highlighted that aggregators — companies that employ gig and platform workers — will be asked to take the lead in registering their workers on the portal. digital platforms Platform workers india
Instructivo del servicio en línea "Registrar mi fe de vida" (BPS, Uruguay) - YouTube rruggia Instructivo para que residentes del exterior puedan dar fe de vida de forma remota utilizando el servicio en línea "Registrar mi fe de vida" death abroad data exchange, social Networks Awareness and information, Migration, International agreements uruguay
Canal oficial del Banco de Previsión Social - YouTube rruggia Canal oficial del Banco de Previsión Social - Uruguay. Links www.bps.gub.uy bps.gub.uy https://www.facebook.com/BPSuy facebook.com/BPSuy Channel details View email address www.youtube.com/@BancoPrevisionSocial social Networks Communication, Awareness and information uruguay
Suva Suisse - YouTube rruggia La Suva exerce son activité depuis 1918 et emploie près de 4200 personnes au siège de Lucerne, dans ses 18 agences réparties dans toute la Suisse et dans ses deux cliniques de réadaptation de Bellikon et de Sion. Ses prestations comprennent la prévention, l'assurance et la réadaptation. L'entreprise est financièrement autonome et ne perçoit pas de subventions. Ses excédents de recettes sont redistribués aux assurés sous forme de réductions de primes. Les partenaires sociaux, employeurs et salariés, de même que la Confédération sont représentés au sein du Conseil de la Suva. Tous les contenus en lien avec la sécurité au travail et la protection de la santé sont financés par la CFST. Links suva.ch/fr-ch suva.ch/fr-ch Facebook facebook.com/suvasuisse Twitter twitter.com/SuvaSuisse Instagram instagram.com/suvasuisse LinkedIn ch.linkedin.com/company/suva Channel details View email address www.youtube.com/@suvasuisse social Networks Prevention of occupational risks, Communication, Awareness and information switzerland
Gojek Indonesia - YouTube rruggia 👆Solv, logo Gojek yang baru! Simbol atas segala solusi untuk beragam situasi. Karena masalah akan selalu ada, tapi dengan Gojek #PastiAdaJalan. Links Website go-jek.com Instagram instagram.com/gojekindonesia Twitter twitter.com/gojekindonesia TikTok tiktok.com/@gojekindonesia?lang=en Facebook facebook.com/gojekindonesia Channel details View email address www.youtube.com/@gojekindonesiaofficial Platform workers, Communication, Awareness and information indonesia
Official Youtube of BPJS Ketenagakerjaan - YouTube rruggia Official Youtube of BPJS Ketenagakerjaan Website : www.bpjsketenagakerjaan.go.id Fanpage : www.facebook.com/BPJSTK Twitter : @BPJSTKinfo Links Fanpage BPJSTK facebook.com/BPJSTKinfo Twitter BPJSTK twitter.com/BPJSTKinfo Website BPJSTK bpjsketenagakerjaan.go.id Channel details www.youtube.com/@bpjs.ketenagakerjaan social Networks Communication, Awareness and information indonesia
Supporting your golden years with CPF LIFE - YouTube rruggia Did you know? 1 in 2 Singaporeans at age 65 are expected to live beyond 85 years old. That may be you. Having an income stream is essential, especially if you're not working in retirement. With CPF LIFE, never worry about outliving your savings. Here's how CPF LIFE supports your golden years! social Networks Communication, Awareness and information singapore
CPF Board - YouTube - CPF Learning Academy. rruggia CPF Learning Academy. Here, learning is more than just a one-module agenda or certificate. It’s lifelong! Watch our videos and get inspired to be financially ready for every milestone in life — whether it’s buying your first home, planning for a child, or finding your purpose in retirement. social Networks Communication, Awareness and information singapore
India: Govt mulls reworking migrant, gig worker definitions pmassetti hindustantimes.com (29.08.2024) The Union labour ministry is reviewing definitions of migrant and gig workers to enhance inclusivity and clarity, covering intra-state migrations and digital platforms. digital platforms Platform workers, Migration india
Transnational Social Security Issues | e-EFKA rruggia International agreements greece
Bilateral issues with third countries - Ministry of Labour and Social Affairs rruggia International agreements greece
Singapore: MOM announces implementation date for the Platform Workers CPF Transition Support pmassetti indiatimes.com (27.08.2024) The government will now offset 100% of the increase in CPF contributions for lower-income platform workers in 2025, up from the previously announced 75%. These initiatives mark a significant step towards improving the welfare and representation of platform workers in Singapore. digital platforms Platform workers singapore
China plans "bigger, stronger"social security fund to aid ageing society pmassetti Reuters (20.08.2024) China will beef up its 2.88 trillion yuan ($406 billion) social security fund, making it bigger and stronger to help support its rapidly ageing population as the number of new births and younger workforce to support its seniors shrinks. The National Social Security Fund will "effectively" respond to population ageing and "improve the policy mechanism for the development of the elderly care industry," the fund's party secretary Ding Xuedong said. Pensions china
In major policy shift, Singapore announces unemployment support scheme pmassetti cnbc.com (18.08.2024) The implementation of the scheme marks a notable policy shift in the city-state, which has long resisted calls for unemployment support. The scheme is aimed at helping lower- and middle-income workers, and will provide involuntarily unemployed workers a total of up to 6,000 Singapore dollars ($4,561) for six months, subject to conditions. Employment singapore
Philippines: From informal to formal: Angkas riders gain social security benefits pmassetti The Freeman (06.08.2024) Angkas, a prominent ride-hailing service in the Philippines, has taken a significant step towards enhancing the welfare of its riders by signing an agreement with the Social Security System (SSS) to provide social security coverage to around 50,000 riders. This initiative, championed by Angkas, marks a monumental shift in how gig economy workers are perceived and treated within the formal economic structure. We extend our heartfelt thanks to Rolando Macasaet, president and CEO of SSS, for his unwavering support and vision in making this partnership a reality. digital platforms Platform workers philippines, the
Digital and innovative tools for better health and productivity at the workplace pmassetti oecd.org (14.08.2024)Promoting health and well-being at the workplace is a valuable investment for employees, employers, governments, and society. Healthy employees are less likely to be absent or have reduced productivity. Employers benefit from improved work outputs, and health systems see reduced treatment costs. Digital tools and innovative technologies can enhance the effectiveness of health promotion programs. The market for these tools is growing globally, with employers keen to improve health and productivity. This working paper, through four case studies, underscores how wearables, mobile applications for female health, AI-driven lifestyle management applications, and health insurance engagement platforms can be utilized to promote health at the workplace. These technologies present avenues for enhancing the efficacy, efficiency, and customization of health promotion interventions. Nevertheless, they also pose challenges such as privacy issues, the requirement for digital proficiency, the necessity for conducive organisational practices for healthier work environments, and the assurance of safety and clinical suitability of the proliferating health applications and tools in the market. Health, Health promotion, Workplace health promotion
Pension Reforms and Inequality in Germany: Micro-Modelling pmassetti NBER (August 2024) Germany, like many other countries, has undergone a series of pension reforms since the 1980s which generally decreased benefit generosity and increased the retirement age due to demographic pressures. This paper investigates whether these reforms have increased income and wealth inequality among retirees. In order to answer this question, we employed counterfactual simulations in which we predict how the income and social security wealth distributions would have developed if these reforms had not taken place, compared to the actual development of the income and social security wealth distributions. Our analysis reveals that the pension reforms has led to an increase in inequality in terms of social security wealth between the 1990s and 2000s and decreased inequality thereafter. The decrease in inequality is mainly driven by social assistance as it represents a lower bound for benefit size and thus mitigates the effect of benefit-reducing reforms for lower income groups. We further divided the total effect of the pension reforms into two components. The first component is the mechanical effect, which keeps retirement probabilities constant and only considers changes in benefit calculation. The second component is the behavioral effect, which describes how SSW differs because of altered retirement probabilities. Our findings indicate that in the German context the behavioral effect is statistically significant but economically small. Pensions germany
Maternity and Paternity benefits launched in Oman: pioneering social insurance reforms in the Gulf region pmassetti International Labour Organization (17.07.2024) Oman has launched the implementation of new social insurance maternity benefits that are set to significantly improve labour market opportunities for women in the Sultanate. The new scheme is part of ambitious and wide-ranging social protection reforms in Oman, developed with the support of the ILO and adopted in July 2023. It improves and expands maternity benefits for mothers employed in full-time jobs and includes a provision for paternity leave. The system is in line with key requirements of ILO Maternity Protection Convention, 2000 (No. 183), including through covering migrant workers alongside nationals. Earlier this month, the Kingdom of Saudi Arabia also announced legislation that will establish a similar maternity insurance system. “The introduction of the parental leave branch under the Social Protection Law is not only aimed at increasing women's participation in the workforce but also at improving the well-being of families and ensuring the future prosperity of our nation,” said Fasil Al-Farsi, CEO of the Social Protection Fund. "Ensuring close alignment with national objectives, international social security standards of the International Labour Organization, and best global practices are guiding principles of all social protection reforms in Oman,” he added. The new scheme provides Omani and non-Omani mothers who are in full-time employment with longer, fully paid maternity leave, equal to 14 weeks as consistent with the requirements of ILO Maternity Protection Convention, 2000 (No. 183). It also includes the option of unpaid, job-protected leave for up to 98 additional days, which can be shared between father and mother. In order to avoid negatively impacting women’s future pension entitlements, the Social Protection Fund will cover the cost of pension contributions during maternity leave. Maternity, Parental leave oman
Aging Well in Asia: Development Policies for Asia and the Pacific pmassetti Asian Development Bank (02.04.2024) Developing Asia and the Pacific is unprepared to secure the well-being of its rapidly aging population as the growing share of older people in the region face challenges from low pension coverage to health problems, social isolation, and limited access to essential services. While longer lifespans reflect the region’s development success, comprehensive policy reforms are urgently needed to support the welfare of older people, according to Aging Well in Asia: Asian Development Policy Report, released today by the Asian Development Bank (ADB) at its 57th Annual Meeting. The number of people aged 60 and older in developing Asia and the Pacific is set to nearly double by 2050 to 1.2 billion—or about a quarter of the total population—significantly increasing the need for pension and welfare programs as well as health care services. At the same time, economies have an opportunity to reap a “silver dividend” in the form of additional productivity from older people, which could boost gross domestic product in the region by 0.9% on average. “Asia and the Pacific’s rapid development is a success story, but it’s also fueling a huge demographic shift, and the pressure is rising,” said ADB Chief Economist Albert Park. “Governments need to prepare now if they’re going to be able to help hundreds of millions of people in the region age well. Policies should support lifetime investment in health, education, skills, and financial preparedness for retirement. Family and social ties are also important to foster healthy and productive populations of older people and maximize their contribution to society.” Old-age pensions, Long-term care
Content or Discontent? Perceptions of Social Protection in France, Germany and the United Kingdom pmassetti OECD iLibrary (12.07.2024) What factors influence satisfaction with social protection? This report investigates differences in perceptions of social protection across countries, with a focus on France, using novel data from the OECD’s Risks that Matter Survey. Compared to respondents in Germany and the United Kingdom, French respondents are systematically the least satisfied with social protection in their country, even as France performs well on many social programme outcome indicators. This report explores a range of different factors influencing perceptions of social protection, including individual risk perceptions; the shape, size and cost of social programmes; frictions in application and service delivery in social programmes; and socio-economic and cultural factors. behavioural science Communication
Oman launches platform to empower gig economy rruggia The HR Observer (24.01.2023) The Omani’s National Employment Programme launched a self-employment platform collaboration with AWJ Innovation and Occidental Oman to encourage the self employed individuals to connect with potential employers. “Self employment is one of the initiatives launched by the National Employment programme in partnership with the concerned authorities with the aim of providing integrated and interrelated facilities for self employed individuals in the Sultante of Oman,” said Azhar al Kindi, Executive Director of the National Employment Programme. digital platforms oman