Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | ‘Nearly half of world’s older people do not get pension’    </title>
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-The Hindu Business Line


On the day a ₹ 1,000/month minimum pension scheme was launched in India, an ILO policy paper report said that close to half (48 per cent) of people over pensionable age in the world do not receive..."/>
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On the day a ₹ 1,000/month minimum pension scheme was launched in India, an ILO policy paper report said that close to half (48 per cent) of people over pensionable age in the world do not receive..." />
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                            <div align="justify">-The Hindu Business Line</div><p align="justify">On the day a  1,000/month minimum pension scheme was launched in India, an ILO policy paper report said that close to half (48 per cent) of people over pensionable age in the world do not receive a pension. And those who do get a pension, do not receive an adequate amount to cover for their health, and old age-related problems.</p><p align="justify">&quot;As a result, the majority of the world's older women and men have no income security...and have to continue working as long as they can - often badly paid and in precarious conditions,&quot; says a paper on policy trends in social security protection in 178 countries by International Labour Organisation (ILO).</p><p align="justify">The world average of public expenditure on pensions stands at 3.3 per cent of gross domestic product, ranging from 0-2 per cent in low-income countries to 11 per cent in higher-income ones.</p><p align="justify">However, the paper notes the progress made by some countries in universal coverage. About 45 countries were close to reaching 90 per cent coverage, both contributory and non-contributory, with more than 20 developing close to achieving universal coverage, such as Argentina, Belarus, Bolivia, Botswana, Guyana, Kazakhstan, Lesotho, Maldives, Mauritius etc.</p><p align="justify">Among India's neighbours, China has achieved near universal coverage of pensions and increased wages, says the paper, adding that in the Asia-Pacific region, only about one-third or 34 per cent of the labour force contributes for retirement benefits. Incidentally, the scheme for assuring a minimum of Rs. 1,000/month by India is aimed at benefiting 32 lakh pensioners, even as over 90 per cent of the unorganised sector workforce still has no social security cover.</p><p align="justify">&quot;Social protection is both a human right and sound economic policy.... Social protection also contributes to economic growth by supporting household income and thus domestic consumption; this is particularly important during this time of slow recovery and depressed global demand,&quot; said Isabel Ortiz, Director, ILO social protection department, in her introduction to the report.</p><p align="justify">Calling for filling up the wide gap in coverage by largely expanding non-contributory pensions to at least guarantee basic income security in old age, the report proposes that this be made part of the development agenda.</p><p align="justify">On contributory pensions, it notes that 86 governments in 47 developing and 39 high-income countries have been considering a variety of changes to their systems, such as making eligibility conditions stricter or raising the statutory pensionable age, so that people have to work longer.</p><p align="justify">Pension coverage: Some policy alternatives</p><p align="justify"> Mozambique used savings from a phased-out fuel subsidy to fund its social protection floor</p><p align="justify"> Costa Rica and Mauritius converted military spending into social spending.</p><p align="justify"> Mongolia is financing a universal child benefit from a tax on copper exports</p><p align="justify"> Bolivia funds a universal old age pension out of a tax on gas exploitation</p><p align="justify"> Brazil and China expanded rural pensions by increasing general taxation. </p>                                                           
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    <h1 class="cat-box-title">‘Nearly half of world’s older people do not get pension’</h1>
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                            <div align="justify">-The Hindu Business Line</div><p align="justify">On the day a  1,000/month minimum pension scheme was launched in India, an ILO policy paper report said that close to half (48 per cent) of people over pensionable age in the world do not receive a pension. And those who do get a pension, do not receive an adequate amount to cover for their health, and old age-related problems.</p><p align="justify">&quot;As a result, the majority of the world's older women and men have no income security...and have to continue working as long as they can - often badly paid and in precarious conditions,&quot; says a paper on policy trends in social security protection in 178 countries by International Labour Organisation (ILO).</p><p align="justify">The world average of public expenditure on pensions stands at 3.3 per cent of gross domestic product, ranging from 0-2 per cent in low-income countries to 11 per cent in higher-income ones.</p><p align="justify">However, the paper notes the progress made by some countries in universal coverage. About 45 countries were close to reaching 90 per cent coverage, both contributory and non-contributory, with more than 20 developing close to achieving universal coverage, such as Argentina, Belarus, Bolivia, Botswana, Guyana, Kazakhstan, Lesotho, Maldives, Mauritius etc.</p><p align="justify">Among India's neighbours, China has achieved near universal coverage of pensions and increased wages, says the paper, adding that in the Asia-Pacific region, only about one-third or 34 per cent of the labour force contributes for retirement benefits. Incidentally, the scheme for assuring a minimum of Rs. 1,000/month by India is aimed at benefiting 32 lakh pensioners, even as over 90 per cent of the unorganised sector workforce still has no social security cover.</p><p align="justify">&quot;Social protection is both a human right and sound economic policy.... Social protection also contributes to economic growth by supporting household income and thus domestic consumption; this is particularly important during this time of slow recovery and depressed global demand,&quot; said Isabel Ortiz, Director, ILO social protection department, in her introduction to the report.</p><p align="justify">Calling for filling up the wide gap in coverage by largely expanding non-contributory pensions to at least guarantee basic income security in old age, the report proposes that this be made part of the development agenda.</p><p align="justify">On contributory pensions, it notes that 86 governments in 47 developing and 39 high-income countries have been considering a variety of changes to their systems, such as making eligibility conditions stricter or raising the statutory pensionable age, so that people have to work longer.</p><p align="justify">Pension coverage: Some policy alternatives</p><p align="justify"> Mozambique used savings from a phased-out fuel subsidy to fund its social protection floor</p><p align="justify"> Costa Rica and Mauritius converted military spending into social spending.</p><p align="justify"> Mongolia is financing a universal child benefit from a tax on copper exports</p><p align="justify"> Bolivia funds a universal old age pension out of a tax on gas exploitation</p><p align="justify"> Brazil and China expanded rural pensions by increasing general taxation. </p>                                                           
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    <br><a href="http://www.thehindubusinessline.com/news/states/nearly-half-of-worlds-older-people-do-not-get-pension/article6466332.ece?homepage=true" class="re" target="_blank">The Hindu Business Line, 1 October, 2014, http://www.thehindubusinessline.com/news/states/nearly-half-of-worlds-older-people-do-not-get-pension/article6466332.ece?homepage=true</a><div class="clear"></div>
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        LATEST NEWS UPDATES | ‘Nearly half of world’s older people do not get pension’    </title>
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On the day a ₹ 1,000/month minimum pension scheme was launched in India, an ILO policy paper report said that close to half (48 per cent) of people over pensionable age in the world do not receive..."/>
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    <h1 class="cat-box-title">‘Nearly half of world’s older people do not get pension’</h1>
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                            <div align="justify">-The Hindu Business Line</div><p align="justify">On the day a  1,000/month minimum pension scheme was launched in India, an ILO policy paper report said that close to half (48 per cent) of people over pensionable age in the world do not receive a pension. And those who do get a pension, do not receive an adequate amount to cover for their health, and old age-related problems.</p><p align="justify">&quot;As a result, the majority of the world's older women and men have no income security...and have to continue working as long as they can - often badly paid and in precarious conditions,&quot; says a paper on policy trends in social security protection in 178 countries by International Labour Organisation (ILO).</p><p align="justify">The world average of public expenditure on pensions stands at 3.3 per cent of gross domestic product, ranging from 0-2 per cent in low-income countries to 11 per cent in higher-income ones.</p><p align="justify">However, the paper notes the progress made by some countries in universal coverage. About 45 countries were close to reaching 90 per cent coverage, both contributory and non-contributory, with more than 20 developing close to achieving universal coverage, such as Argentina, Belarus, Bolivia, Botswana, Guyana, Kazakhstan, Lesotho, Maldives, Mauritius etc.</p><p align="justify">Among India's neighbours, China has achieved near universal coverage of pensions and increased wages, says the paper, adding that in the Asia-Pacific region, only about one-third or 34 per cent of the labour force contributes for retirement benefits. Incidentally, the scheme for assuring a minimum of Rs. 1,000/month by India is aimed at benefiting 32 lakh pensioners, even as over 90 per cent of the unorganised sector workforce still has no social security cover.</p><p align="justify">&quot;Social protection is both a human right and sound economic policy.... Social protection also contributes to economic growth by supporting household income and thus domestic consumption; this is particularly important during this time of slow recovery and depressed global demand,&quot; said Isabel Ortiz, Director, ILO social protection department, in her introduction to the report.</p><p align="justify">Calling for filling up the wide gap in coverage by largely expanding non-contributory pensions to at least guarantee basic income security in old age, the report proposes that this be made part of the development agenda.</p><p align="justify">On contributory pensions, it notes that 86 governments in 47 developing and 39 high-income countries have been considering a variety of changes to their systems, such as making eligibility conditions stricter or raising the statutory pensionable age, so that people have to work longer.</p><p align="justify">Pension coverage: Some policy alternatives</p><p align="justify"> Mozambique used savings from a phased-out fuel subsidy to fund its social protection floor</p><p align="justify"> Costa Rica and Mauritius converted military spending into social spending.</p><p align="justify"> Mongolia is financing a universal child benefit from a tax on copper exports</p><p align="justify"> Bolivia funds a universal old age pension out of a tax on gas exploitation</p><p align="justify"> Brazil and China expanded rural pensions by increasing general taxation. </p>                                                           
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    <br><a href="http://www.thehindubusinessline.com/news/states/nearly-half-of-worlds-older-people-do-not-get-pension/article6466332.ece?homepage=true" class="re" target="_blank">The Hindu Business Line, 1 October, 2014, http://www.thehindubusinessline.com/news/states/nearly-half-of-worlds-older-people-do-not-get-pension/article6466332.ece?homepage=true</a><div class="clear"></div>
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Home हिन्दी

‘Nearly half of world’s older people do not get pension’

Published on Oct 2, 2014   Modified on Oct 2, 2014

-The Hindu Business Line On the day a 1,000/month minimum pension scheme was launched in India, an ILO policy paper report said that close to half (48 per cent) of people over pensionable age in the world do not receive a pension. And those who do get a pension, do not receive an adequate amount to cover for their health, and old age-related problems. "As a result, the majority of the world's older women and men have no income security...and have to continue working as long as they can - often badly paid and in precarious conditions," says a paper on policy trends in social security protection in 178 countries by International Labour Organisation (ILO). The world average of public expenditure on pensions stands at 3.3 per cent of gross domestic product, ranging from 0-2 per cent in low-income countries to 11 per cent in higher-income ones. However, the paper notes the progress made by some countries in universal coverage. About 45 countries were close to reaching 90 per cent coverage, both contributory and non-contributory, with more than 20 developing close to achieving universal coverage, such as Argentina, Belarus, Bolivia, Botswana, Guyana, Kazakhstan, Lesotho, Maldives, Mauritius etc. Among India's neighbours, China has achieved near universal coverage of pensions and increased wages, says the paper, adding that in the Asia-Pacific region, only about one-third or 34 per cent of the labour force contributes for retirement benefits. Incidentally, the scheme for assuring a minimum of Rs. 1,000/month by India is aimed at benefiting 32 lakh pensioners, even as over 90 per cent of the unorganised sector workforce still has no social security cover. "Social protection is both a human right and sound economic policy.... Social protection also contributes to economic growth by supporting household income and thus domestic consumption; this is particularly important during this time of slow recovery and depressed global demand," said Isabel Ortiz, Director, ILO social protection department, in her introduction to the report. Calling for filling up the wide gap in coverage by largely expanding non-contributory pensions to at least guarantee basic income security in old age, the report proposes that this be made part of the development agenda. On contributory pensions, it notes that 86 governments in 47 developing and 39 high-income countries have been considering a variety of changes to their systems, such as making eligibility conditions stricter or raising the statutory pensionable age, so that people have to work longer. Pension coverage: Some policy alternatives Mozambique used savings from a phased-out fuel subsidy to fund its social protection floor Costa Rica and Mauritius converted military spending into social spending. Mongolia is financing a universal child benefit from a tax on copper exports Bolivia funds a universal old age pension out of a tax on gas exploitation Brazil and China expanded rural pensions by increasing general taxation.

The Hindu Business Line, 1 October, 2014, http://www.thehindubusinessline.com/news/states/nearly-half-of-worlds-older-people-do-not-get-pension/article6466332.ece?homepage=true

Tagged with: Pension Social Security Old Age Pension Social Protection Elderly

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