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Pensions vs earnings across Europe: The highest and lowest comparisons

Submitted by pmassetti on
Euronews (13.02.2025) In many European countries, pension income is significantly lower than pre-retirement earnings from work. This makes it difficult for many older people to maintain their standard of living after retirement. Nearly one in six pensioners are at the risk-of-poverty in the EU, with the rate increasing from 12% in 2013 to 15.5% in 2023. So, how do pensions compare to pre-retirement work income across Europe?
Regions / Country
Europe
Topics
Pensions
Document Type

Singapore. Rethinking ageing: From caregiving to community and contribution

Submitted by pmassetti on
pensionpolicyinternational.com (17.02.2025) Caring for an elderly loved one might not be on your radar right now, but it’s a role many of us will take on eventually. “Almost all of us in Singapore will be, or already are, a caregiver,” Mr Dinesh Vasu Dash, CEO of the Agency for Integrated Care (AIC), observed. When his childless, widowed paternal uncle, now in his mid-80s, was hospitalised with a severe bout of influenza A, it was Mr Dinesh’s parents – both in their 70s – who stepped in.
Regions / Country
singapore
Global challenges
Topics
Long-term care
Old-age pensions
Document Type

India: Gig workers may soon get pension benefits via EPFO

Submitted by pmassetti on
The Economic Times (06.02.2025) The Ministry of Labour and Employment is set to introduce a policy granting pension benefits to gig and platform workers through the Employees' Provident Fund Organisation. This will supplement the existing health cover under PM Jan Aarogya Yojana. The pension plan, funded by aggregators, aims to provide financial security for gig workers, recognizing their significant contribution to the services economy.
Regions / Country
india
Topics
Platform workers
Digital plateform workers
Document Type

Digitalisation in Social Protection: Lessons from Azerbaijan

Submitted by pmassetti on
Development Pathways (11.02.2025) The global shift towards digitalisation is revolutionising social protection information systems, including those in low- and middle-income countries. Gone are the days of inefficient paper-based processes: digital technologies are now indispensable for enhancing efficiency, minimising errors, and enabling data-driven decision-making. Emerging technologies like generative AI are accelerating this transformation. Azerbaijan is leading the way among middle-income countries with its exemplary digitalisation initiatives in social protection.
Regions / Country
azerbaijan
Global challenges
Topics
E-services
Technological transition
Document Type

Concerns grow in South Korea over sustainability of national pension amid plunging subscribers in aging society

Submitted by pmassetti on
The Korea Times (09.02.2025) The number of national pension subscribers continues to decline due mainly to the low birthrate and aging population, data from the National Pension Service (NPS) showed Sunday, raising concerns over its sustainability. In contrast, the number of recipients is increasing, pushing the current national pension system toward a risk of fund depletion. But discussions on ways to make the pension system more sustainable have been delayed.
Regions / Country
korea, Republic of
Global challenges
Topics
Pensions
Document Type

Including those in need, when they need it: Why dynamic social registries matter in shock-prone contexts like the Sahel

Submitted by pmassetti on
worldbank.org (29.01.2025) The Sahel is faced with increasingly frequent and severe interconnected shocks, particularly those related to climate change and conflict, exacerbating risks and vulnerabilities to poverty, food insecurity, inequality, and low levels of human capital. To effectively respond to these crises, governments require systems enabling them to rapidly and accurately identify sudden changes in household welfare.
Regions / Country
Africa
Global challenges
Topics
Service delivery
Shocks & extreme events

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Document Type

India: Government to Provide ID Cards and Security for Gig Workers

Submitted by pmassetti on
thedailyguardian.com 801.02.20259 Finance Minister Nirmala Sitharaman, in her Budget 2025 speech, announced that the government will issue ID cards to gig workers. These workers will also get healthcare benefits through a social security scheme. Moreover, the government will invest in street vendors, urban workers, and online platform workers to improve their financial security.
Regions / Country
india
Global challenges
Topics
Extension of coverage
Platform workers
Document Type

Artificial Intelligence and Social Protection: a tool for enhanced efficiency or for exclusion?

Submitted by pmassetti on
socialprotection.org (15.01.2025) Artificial Intelligence (AI) has undergone rapid advancements in recent times in terms of computational power and general usage of algorithms across multiple areas, such as healthcare diagnosis, fraud detection and public service delivery. As we will see in this post, usage of AI, particularly algorithms, is not novel in public policy or in social protection and tends to increase (Benoit 2024). The wider acceptance of AI and general utilization of algorithms in public policy serves as the main point of contention.
Global challenges
Topics
Artificial intelligence
Document Type

What Does a Good Digital Welfare State Look Like?

Submitted by pmassetti on
Institute of Development Studies (17.12.2024) The introduction of ‘digital-by-default’ welfare and social protection systems in the UK and beyond has delivered efficiencies and cost savings for governments and can be convenient for recipients. But, given the rapid pace of change, we need to understand the ethical, social, and political implications of digital welfare from the perspectives of the poorest and most marginalised members of our societies.
Regions / Country
united kingdom
Global challenges
Topics
E-services
Document Type