UN/DESA Policy Brief #92: (Feb 2021) COVID-19 is accelerating the pace of digital transformation: implications for social inclusion
apnews.com (01.03.2021) With the floodgates set to open on another round of unemployment aid, states are being hammered with a new wave of fraud as they scramble to update security systems and block scammers who already have siphoned billions of dollars from pandemic-related jobless programs.
Social Security Agency (25.02.2021) On December 11, Québec's government approved a law introducing the Target Benefit Pension Plan (TBPP), an occupational pension plan that combines certain features of existing defined contribution (DC) and defined benefit (DB) plans. Like a DC plan, a TBPP is funded with employee and employer contributions paid at fixed rates and does not provide guaranteed benefits. However, by pooling its members' assets and setting a target benefit level, a TBPP can provide workers with a predictable periodic pension at retirement like a DB plan.
Social Security Administration (25.02.2021) Singapore Introduces Government Match for Provident Fund Catch-up Contributions In January, Singapore's Central Provident Fund (CPF) Board introduced the Matched Retirement Savings Scheme, a program that provides a dollar-for-dollar government match of up to S$600 (US$450.56) per year in catch-up contributions for qualifying CPF members from 2021 to 2025.
Social Security Association (25.02.2021) On January 1, Mexico's government implemented reforms to the country's mandatory individual account pension program that include increasing employer contributions, adjusting government contributions, reducing the minimum contributions required for an old-age pension, boosting the guaranteed minimum pension, and capping administrative fees. The government finalized the changes on December 16, 2020, after reaching a reform agreement with Mexico's largest private-sector employer and trade union associations in July 2020.
Education et solidarité (15.02.2021) L’Ecole nationale supérieure de Sécurité sociale (EN3S), vient de lancer un tout nouveau programme intitulé : « une saison avec la Sécu ». Créé dans le sillage des rencontres « une journée avec la sécu », ce nouveau dispositif pédagogique est entièrement virtuel et s’adresse aux enseignant.e.s et leurs classes allant du second degré à l’enseignement supérieur en France. Son principal objectif ? Renforcer l’éducation à la solidarité et à la citoyenneté sociale.
Development Pathways (08.02.2021) The paper makes the case for a “family stimulus” in the UK, advising the government to urgently boost the income of families hard-hit by the pandemic through the social security system, as well as targeting investment in childcare to ensure this sector keeps operating.
europa.eu (28.02.2021) The European Commission has presented a green paper to launch a broad policy debate on the challenges and opportunities of Europe's ageing society. It sets out the impact of this pronounced demographic trend across our economy and society and invites the public to express their views on how to respond to this in a public consultation, which will run for 12 weeks.
sciencedirect.com (2021) COVID-19 induced significant economic and social disruptions in India. Rural households, including smallholders, were affected by loss in migrant income, livelihood and farm and non-farm incomes. During this lockdown, the Indian government enacted several emergency legislations to provide direct and indirect relief to workers and households. India’s COVID-19 social assistance package, namely, PM-GKY, announced in March 2020, was designed to provide immediate relief to the vulnerable population.
The Indian Express (02.02.2021) The Budget for 2021-22 (April-March) also proposes to launch a portal that would collect relevant information on gig economy workers, including those working in building and construction, among others.
