Population ageing and health

Peter Lloyd-Sherlock

in Population ageing and international development

Published by Policy Press

Published in print January 2010 | ISBN: 9781847421920
Published online March 2012 | e-ISBN: 9781447303022 | DOI:
Population ageing and health

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This chapter provides an overview of different forms of pension provision and charts the global dissemination of pension programmes during the 20th century. Traditionally, the financing and organisation of pension programmes has been mainly in the hands of the public sector, as part of a wider set of social security systems. However, private pension funds have grown rapidly in recent years, both globally and in developing countries. The study illustrates the cost of pension schemes depends on factors such as how they are financed and administered, the value of benefits and rules of entitlement. However, it also notes that decisions about pension policy are mainly driven by political processes and these processes are embedded in wider experiences of development. This chapter provides a critique of the role of contributory pension programmes in low- and middle-income countries.

Keywords: public sector; pension programmes; social security systems; private pension funds; development; pension policy

Chapter.  9824 words. 

Subjects: Gerontology and Ageing

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