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Pensions in Aging Asia and the Pacific: Policy Insights and Priorities
This paper looks at how pension systems across Asia and the Pacific can overcome common challenges of low contributory coverage, inadequate social pensions, and failure to include the informal sector.
Pension systems in the region also exhibit gender inequities, a lack of policy flexibility and attention to labor incentives, and underdeveloped governance. The paper reviews the structure and performance of regional pension systems, and makes proposals for an expanded role for social pensions with inclusive targeting, reformed contributory schemes, innovations for the informal sector and women, and enhanced reliance on technology.
Pension systems in the region also exhibit gender inequities, a lack of policy flexibility and attention to labor incentives, and underdeveloped governance. The paper reviews the structure and performance of regional pension systems, and makes proposals for an expanded role for social pensions with inclusive targeting, reformed contributory schemes, innovations for the informal sector and women, and enhanced reliance on technology.
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