Pensions and Long-term Care Papers

 

Pensions and Long-term Care Papers

 

                                          Long-term Care of Older Persons in India

Older persons, particularly the oldest-old, are the fastest growing population segment in India and many of them require or will require long-term care in the future. The paper discusses policies on population ageing in India, such as the National Policy on Older Persons and the National Programme for Health Care for the Elderly. It further discusses the health status of older persons in India and projects future care needs. Finally, it discusses the prevailing provision of long-term care for older persons through the family as well as institutional care provided by the State, the private sector and civil society. The paper closes with policy recommendations.

Long-term Care of Older Persons in Singapore

The rapid increase of the number of older persons, particularly the oldest-old - those above 80 years - increases the need for long-term care of older persons in the Asia-Pacific region. This working paper series examines the prevailing system of provision and financing of long-term care for older persons in selected countries in the Asia-Pacific region.

Long-term Care of Older Persons in Japan

The rapid increase of the number of older persons, particularly the oldest-old - those above 80 years - increases the need for long-term care of older persons in the Asia-Pacific region. This working paper series examines the prevailing system of provision and financing of long-term care for older persons in selected countries in the Asia-Pacific region.

Long-term Care of Older Persons in the Republic of Korea

The rapid increase of the number of older persons, particularly the oldest-old - those above 80 years - increases the need for long-term care for older persons in the Asia-Pacific region. This working paper series examines the prevailing system of provision and financing of long-term care for older persons in selected countries in the Asia-Pacific region.

Long-term Care of Older Persons in China

The rapid increase of the number of older persons, particularly the oldest-old - those above 80 years - increases the need for long-term care for older persons in the Asia-Pacific region. This working paper series examines the prevailing system of provision and financing of long-term care for older persons in selected countries in the Asia-Pacific region.

Income Security for Older Persons in India: A Purposive Assessment of Coverage, Funding and Benefits

Although India is still a relatively young country, there are currently 116 million older persons in India and their number is increasing rapidly. Income security for older persons can become an increasing concern. Coverage of contributory and non-contributory schemes is still low in India. Public sector workers are well covered through a non-contributory pension scheme. Due to longer life expectancy, the number of beneficiaries of this scheme is increasing rapidly, which poses an increasing burden for the federal budget. There are also several contributory schemes in India covering the formal private sector as well as public sector employees who started work after 1 January 2004. Membership of many of these funds is stagnating. The only pension schemes with a rise of memberships are those under the oversight of the Pension Fund Regulatory and Development Authority (PFRDA). Many pension funds in India are likely to be unsustainable in the future and are likely to require reform.

Income Security for Older Persons in Fiji

Population ageing is becoming an increasing challenge in Fiji. The demographic transformation has been accompanied by widespread socioeconomic changes, which have principally affected social support systems. With decreasing family size and changing economic demands, support systems for the most vulnerable have come under severe stress. A combination of factors, including low economic growth, a large informal sector, high unemployment, mandatory early retirement, pose a challenge to income security for older persons in Fiji. In response, the Government has sought to develop and implement policies and programmes providing a certain level of social protection. This paper focuses first on Fiji’s demographic and socioeconomic changes with an emphasis on population ageing and challenges to income security. It then examines the current status of state-led social security systems, before turning to a review on the Fiji National Provident Fund (FNPF). Lastly, it discusses critical sustainability issues with regards to the FNPF pension and highlights a number of achievable policy recommendations.

Income Security for Older Persons in the Republic of Korea

This project working paper discusses the prevailing system of income security for older persons in the Republic of Korea with regards to coverage, beneficiaries, and sustainability. It also discusses recently undertaken reforms of the income security system with regards to their budgetary implications. After the introduction of a mandatory pension scheme, coverage of pensions increased rapidly in the Republic of Korea. However, as the pension system in the Republic of Korea was introduced relatively late, poverty of older persons is still high. The paper concludes that recent reforms may be able to address the high poverty rate of older persons in the Republic of Korea. Further reforms may be required with regards to the Government employees pension scheme to ensure its sustainability.

Income Security for Older Persons in Sri Lanka

This project working paper discusses the prevailing system of income security for older persons in Sri Lanka with regard to coverage, beneficiaries and sustainability. The paper finds that the current system is inadequate to provide income security for older persons, as the sustainability of several pension funds is at stake and coverage is relatively low. The paper further calculates the cost of providing universal income security in Sri Lanka.