Pension and Development Network

Micro Pensions: Questions & Answers

A micro pensions is a financial product for old age income security. But how are micro pension provisions shaped? And how do they work?

Micro Pensions: Helping the Poor to Save for the Future

Many emerging economies face a daunting outlook of persistent old-age poverty. This article argues that micro pension provisions offer a simple and effective means to alleviate this problem.

Micro pensions amongst top solutions for combatting effect of global ageing

By 2050, the older will out number the younger for the first time in the world’s history. Due to a globally declining birth rate, having too many people on the planet is no longer demographers’ chief worry. Now, having too few is.

The need for micro pensions

The world's demographic transitions demands of emerging and established economies alike to undertake action. Micro pensions are an underused policy instrument for achieving just and more equitable societies for all ages. Their vital role as part of...

Micro pensions in India: a deep analysis

Ramesh Arunachalam (2007) has written a lenghty and extensive analysis of the implementation of micropension programs in India. This article offers a summary of the most important outcome of Arunachalam's analysis.

Pension system developments in Sub-Saharan Africa

This paper by Kpessa (2010) studies the trajectories of old age income support development in Sub-Saharan African countries by focusing on variations and transformations of their pensions and old age income provision programs.

Diversifying Financial Assets for Poor People: Micro pensions as a Tool to Build Wealth

This article by Christina Barrineau, former Chief Technical Advisor for the United Nations Capital Development Fund, stresses the need for micro pensions, which can help poor people build wealth.

Interview with Jos van Ophem, Project Manager for the P&D Network

P&D Network member Jos van Ophem shares insights on how to develop and implement a micro pension product, as he tells about his work as Project Manager for the DHAN Foundation in India.

WorldBank boosts a new international discussion about pension reforms in developing countries

The WorldBank has started a new international discussion about the future and reforms of pension schemes in developing countries heavily affected by the 2007-2009 credit crisis.

Economic implications and sustainability of micro pensions in India

India is going through a vast and capillary reform of its Pension System. This paper by Uthira and Manohar (published in 2009) presents the role which micro-pension programs may have in this context.

Micro pensions: using the Partner-Agent Model to develop old-age security for low-income people in India

In this paper, which offers a very comprehensive overview of the way in which micro pension provisions operate, Sybille Gianadda presents the conclusions of her research on an existing micro pension scheme in India.

Annuity for micro pensions

This article, written by econometrist Nadiya Ivanova, focuses on one of the most important aspects of the design of a micro pension product: the distribution phase.

Optimal features of micro pension schemes

This research paper, written by Nadiya Ivanova for the completion of her study Econometrics at the Erasmus University of Rotterdam, analyses elements of the traditional pension scheme in order to select optimal settings for micro pensions.

Developing micro pensions in India

This paper provides general recommendations regarding the features suitable for a micropension plan and analyzes case studies of two micropension plans launched recently in India (UTI Micropension scheme and Rajasthan Vishwakarma Unorganized Sector...

Micro pension plan: Indian perspective

In this paper, the author describes demographic trends in the modern Indian society and provides a description of the existing Indian pension plan and its drawbacks.