Germany prepares to reform all three pension system pillars

Submitted by pmassetti on

ipe.com (15.11.2022) The German government is targeting a comprehensive reform of all the three pension system pillars during what it considers a turning point in history – Zeitwende – with high inflation, possible recession, changes in economic policies and demographic pressures.

Regions / Country
germany
Topics
Pensions
Document Type

Social grants offer cash, but they aren't a magic bullet response to inequality in the Global South

Submitted by pmassetti on

theconversation.com (16.10.2022) Over the last three decades, there has been a proliferation of social protection programs across the Global South in what some have dubbed a development revolution. International development agencies across the ideological spectrum have embraced social protection as an effective and efficient instrument to reduce poverty and inequality.

Global challenges
Document Type

India: From digitisation to platformisation — how social protection schemes can be made more accessible

Submitted by pmassetti on

theprint.in (31.11.2022) Social Protection Open Digital Ecosystems (SP-ODEs) can provide beneficiaries, government and service providers a unified, digital platform to better access welfare schemes.

Regions / Country
india
Global challenges
Topics
Information and communication technology
Digital Economy Topical Cluster
Business processes
Document Type

Nordic pension funds want to increase climate investments in emerging markets and developing economies

Submitted by pmassetti on

At COP27 in Sharm el-Sheikh, Egypt, the Climate Investment Coalition (CIC), in collaboration with the Nordic Council of Ministers, presented key investor recommendations to bridge the climate finance and investment gap by 2030 towards emerging markets and developing economies. This was made alongside an overview of Nordic pension fund progress within climate and clean energy investments in 2022.

Topics
Pensions
Document Type

Over 84,000 Nigerians enrolled in micro pension plan –PENCOM

Submitted by pmassetti on

The National Pension Commission (PenCom), yesterday revealed that over 84,000 Nigerians have enrolled in the ongoing Micro Pension plan. This was even as the Commission reiterated that it will continue to embark on massive awareness to ensure more Nigerians key into the initiative.

Regions / Country
nigeria

Digitizing cash transfers to remote rural populations: challenges and solutions from the experience of Zambia

Submitted by pmassetti on

.worldbank.org (30.09.2022) There is currently a major focus on digitization within African countries, with the interest of, on the one hand, increasing efficiency and lowering the cost-of-service delivery, and on the other hand, increasing financial inclusion for excluded parts of the population. Zambia provides an important case study of digitization of social protection transfers.

Regions / Country
zambia
Global challenges
Topics
Information and communication technology
Cash transfers
Digital Economy Topical Cluster
Service delivery
Document Type

Chile's Boric announces plan to end private pension system

Submitted by pmassetti on

Windsor Star (02.11.2022) Chile’s President Gabriel Boric on Wednesday announced his long-awaited plan to reform the country’s controversial private pension system.  In a televised address, Boric said he was planning to end Chile’s Pension Fund Administrators (AFP) system in lieu of a new private-public social security system that would see new contributions from employers and the state. “The AFPs, in this reform, are finished,” Boric said, adding that new private entities would still be allowed to invest pension funds, but there will also be a public alternative.

Regions / Country
chile
Topics
Pensions
Document Type

Long-term care in the context of population ageing: a rights-based approach to universal coverage

Submitted by pmassetti on

ILO Working paper 82. (Nov 2022)   With the acceleration of population ageing, the achieving of healthy ageing is becoming a global imperative and social protection policies and social security systems have an important role to play in this endeavour.

Global challenges

US: Using artificial intelligence to identify administrative errors in unemployment insurance

Submitted by pmassetti on

Government Information Quarterly  (October 2022) Administrative errors in unemployment insurance (UI) decisions give rise to a public values conflict between efficiency and efficacy. We analyze whether artificial intelligence (AI) – in particular, methods in machine learning (ML) – can be used to detect administrative errors in UI claims decisions, both in terms of accuracy and normative tradeoffs. We use 16 years of US Department of Labor audit and policy data on UI claims to analyze the accuracy of 7 different random forest and deep learning models.

Regions / Country
United States
Global challenges
Digital Economy Topical Cluster
Big Data