The note first discusses the main pillars of financial securityat older ages before focusing on the status of contributory and noncontributory (orsocial) pension systems in developing countries. It...
Romania’s economy grew by 1.5 percent in the first half of 2024, driven by European Union (EU) funds-led investment and resilient private consumption amid elections. Softer growth in 2024 reflects...
Romania’s economy grew by 1.5 percent in the first half of 2024, driven by European Union (EU) funds-led investment and resilient private consumption amid elections. Softer growth in 2024 reflects...
Montenegro’s economy is expected to grow by 3.4 percent in 2024. Growth is projected to moderate but remain solid at 3.5 percent in 2025, boosted by wage increases. However, fiscal challenges...
Montenegro’s economy is expected to grow by 3.4 percent in 2024. Growth is projected to moderate but remain solid at 3.5 percent in 2025, boosted by wage increases. However, fiscal challenges...
This policy note presents insights synthesized from the 2022 Indonesia’s retirement savings among informal workers survey. It aims to unpack informality in Indonesia as it relates to retirement...
Maintaining human capital during old age requires both an adequate pension (cash component) as well as access to affordable quality healthcare (healthcare component). Lack of universal/affordable healthcare...
A pension system is at the heart of social protection. By ensuring income security for older persons and other vulnerable groups, it prevents poverty, reduces inequality, and facilitates consumption...
The Input Template (named as I_Prost14_template.xlsx) is an Excel workbook designed to enter data and assumptions necessary for running PROST141. This template contains the following eight worksheets
The goal of the training and support provided by the World Bank team is to assure the medium-term continuity and sustainability of the pension modelling function within the Ministry of Finance. More...
Government of Egypt does not have a common approach to managing various insurance mandates for the informal workers holistically. Income tax, health insurance (HI) and pensions-social insurance (SI) ...
Paraguay cuenta con un sistema de protección de ingresos a las personas mayorescompuesto por dos grandes pilares de transferencias. Por un lado, un esquemacontributivo de beneficio definido, basado...
The purpose of this Users’ Manual is to provide the necessary documentation for the modeling unit in the Ministry of Finance (MoF) of Romania on how to use the Pension Reform Options Simulation...
The purpose of this Users’ Manual is to provide the necessary documentation for the modeling unit in the Ministry of Finance (MoF) of Romania on how to use the Pension Reform Options Simulation...
The goal of the training and support provided by the World Bank team is to assure the medium-term continuity and sustainability of the pension modelling function within the Ministry of Finance. More...
Pension systems and pension system reforms are some of the most contentious reforms that governments undertake globally. In addition, they, like civil service reform, are designed and elaborated by...
This work builds on the Public Expenditure Review (PER) analysis of the pension system conducted in 2016 but also brings important innovations. It updates the financial analysis conducted then and offers...