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Population ageing and international developmentFrom generalisation to evidence$
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Peter Lloyd-Sherlock

Print publication date: 2010

Print ISBN-13: 9781847421920

Published to University Press Scholarship Online: March 2012

DOI: 10.1332/policypress/9781847421920.001.0001

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date: 19 August 2017

Population ageing and health

Population ageing and health

Chapter:
(p.90) (p.91) Four Population ageing and health
Source:
Population ageing and international development
Author(s):

Peter Lloyd-Sherlock

Publisher:
Policy Press
DOI:10.1332/policypress/9781847421920.003.0004

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

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