Singapore: MOM announces implementation date for the Platform Workers CPF Transition Support

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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.
Regions / Country
singapore
Topics
Platform workers

China plans "bigger, stronger"social security fund to aid ageing society

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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.
Regions / Country
china
Global challenges
Topics
Pensions
Document Type

In major policy shift, Singapore announces unemployment support scheme

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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.
Regions / Country
singapore
Topics
Employment
Document Type

Philippines: From informal to formal: Angkas riders gain social security benefits

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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.
Regions / Country
philippines, the
Topics
Platform workers
Document Type

Digital and innovative tools for better health and productivity at the workplace

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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.
Global challenges
Topics
Health
Health promotion
Workplace health promotion
Document Type

Pension Reforms and Inequality in Germany: Micro-Modelling

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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.
Regions / Country
germany
Topics
Pensions
Document Type

Maternity and Paternity benefits launched in Oman: pioneering social insurance reforms in the Gulf region

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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.
Regions / Country
oman
Topics
Maternity
Parental leave
Document Type

Aging Well in Asia: Development Policies for Asia and the Pacific

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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 Annu
Global challenges
Topics
Old-age pensions
Long-term care
Document Type

Content or Discontent? Perceptions of Social Protection in France, Germany and the United Kingdom

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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.
Topics
Communication
Document Type