Pension Policy International (14.07.2022) The calls come as the government publishes its response to a consultation which gathered feedback from industry, potential providers, consumer groups and future users on what data should be included and how this should be displayed to people. Bringing pensions into the digital age, dashboards will allow savers to see what they have in their various pensions – including their State Pension – in a single place online, at any time they choose.

nature.com (22.06.2022) In 2012, the government of Niger began giving some of its poorest citizens free money. Over the next few years, around 100,000 participating households received 24 monthly payments of roughly US$16 — which more than doubled their typical spending power. The programme was based on decades of evidence from carefully controlled trials, suggesting that simple cash infusions can transform lives. And Niger is not alone: cash transfers have become a popular tool as governments try to alleviate poverty.

 (June 2022) In 2021, The Hamilton Project has been doing a deep dive into social insurance in the United States. Our capstone analysis shows that social insurance plays a critical role for workers and families – both in times of crisis, as exhibited by the pandemic and ensuing economic recession, and in normal economic times. The social insurance system also helps buffer the economy when growth falters, supporting consumer purchasing power when income growth is weak. 

ILO news (21.06.2022) The Government of the People’s Republic of Bangladesh is celebrating the establishment of the country’s first ever pilot of a social security scheme working on income protection and medical care for work-related injuries. The EIS covers all ready-made garment (RMG) workers. It will compensate injured workers and dependants in case of accidents which lead to permanent disability or death.

Center for Global Development (09.06.2022) Does channeling government-to-person (G2P) payments through bank accounts encourage financial inclusion and use? This paper explores the factors that have driven the adoption of digital payments in India by beneficiaries of PMGKY, the large-scale COVID-19 relief program launched in May 2020. India’s 2013 move to pay social benefits through direct transfers into bank accounts significantly increased account ownership, but uptake of digital payments has been slower, although it has accelerated more recently through smartphone-based apps.

Pension Policy International  (16.06.2022) In order to seamlessly process, track and disburse pensions, the Department of Pension and Pensioners’ Welfare will soon launch an Artificial Intelligence (AI) enabled the common portal for the benefit of pensioners and elderly citizens. Union Minister Jitendra Singh said that the AI-supported portal, ‘Bhavishya’, will send automatic alerts to pensioners and superannuated senior citizens, including retired paramilitary personnel.

worldbank.org (16.05.2022) Having celebrated International Day of Families on May 15, it is now a great opportunity to reflect on the existing frameworks that support working parents at home and at work. Paid family leave has been a main area of reform in the past few years, as a significant number of countries have passed laws providing parents with the right to paid leave to care for their children . For example, Armenia became one of the 114 countries (out of the 190 measured) that introduced paid leave for fathers after its amended Labor Code came into effect in 2021.

wtwco.com (19.05.2022)  Trial private retirement savings system to be rolled out in select cities in China in an effort to support an aging population.

worldbank.org (10.02.2022)  The COVID-19 pandemic exacerbated poverty and threatened livelihoods in Liberia. The need to respond to this challenge spurred the expansion and digitization of the government’s ongoing cash transfer program. The Liberia Social Safety Nets Project launched the government’s first-ever urban cash transfer program. It provided emergency cash transfers for close to 15,000 households living in vulnerable communities in the Greater Monrovia area, which had recorded the highest number of COVID-19 cases in Liberia.

Global Times (21.04.2022) China will soon start a new era of "private pensions" with the imminent implementation of a relevant mechanism, according to a report by the Shanghai Securities News published on Wednesday. The new mechanism, which is characterized by policy support from the government, voluntary participation and market-oriented operations, will be an important transformation of the current pension system that has a basic pension insurance and a corporate pension.