Jun 18, 2014

ILO: Public pension is essential for basic income security for older persons

World Social Protection Report 2014-15: Building economic recovery, inclusive development and social justice. (June 2014)

Th first table shows the non-health public social protection expenditure on pensions and other benefits for older persons, 2010/11 (percentage of GDP). The second table shows the proportion of pensionable persons receiving pensions.
"It is essential that [older] persons are provided with reliable sources of income security throughout their old age.
Private, intra-family transfers may be important  ... but are very often far from sufficient and not always reliable, in particular for families already struggling to live on a low income.
For these reasons, public pension systems became in many countries a foundation on which at least basic income security has been built."
Where does your country stand?
Singapore is near the bottom. This is the root cause of the protest by older persons in Singapore.



Non-health public social protection expenditure on pensions and other benefits for older persons, 2010/11 (percentage of GDP)
High-income economies
Italy
15.557
High-income economies
France
14.105
High-income economies
Austria
13.998
High-income economies
Greece
13.156
High-income economies
Portugal
12.466
High-income economies
Poland
11.84
High-income economies
Japan
11.826
High-income economies
Finland
11.13
High-income economies
Germany
11.001
High-income economies
Slovenia
10.959
High-income economies
Sweden
10.752
High-income economies
Croatia
10.6
High-income economies
Malta
10.41
High-income economies
Belgium
10.199
High-income economies
Cyprus
9.905
High-income economies
Spain
9.884
High-income economies
Uruguay
8.9
High-income economies
Czech Republic
8.553
High-income economies
Latvia
8.388
High-income economies
Denmark
8.171
High-income economies
Estonia
8.07
High-income economies
Lithuania
7.891
High-income economies
Luxembourg
7.668
High-income economies
Norway
7.409
High-income economies
Slovakia
7.356
High-income economies
United States
6.885
High-income economies
Russian Federation
6.8
High-income economies
United Kingdom
6.764
High-income economies
Switzerland
6.558
High-income economies
Netherlands
6.066
High-income economies
Ireland
5.844
High-income economies
Israel
5.267
High-income economies
Australia
5.065
High-income economies
Taiwan, China
4.744
High-income economies
New Zealand
4.735
High-income economies
Canada
4.4
High-income economies
Aruba
4.3
High-income economies
Barbados
4.084
High-income economies
Kuwait
3.5
High-income economies
Chile
3.299
High-income economies
Trinidad and Tobago
2.8
High-income economies
Antigua and Barbuda
2.5
High-income economies
Korea, Rep. of
2.363
High-income economies
Iceland
2.218
High-income economies
Bahamas
1.928
High-income economies
Hong Kong, China
1.6
High-income economies
Saint Kitts and Nevis
1.3
High-income economies
Bahrain
1
High-income economies
Singapore
0.699
High-income economies
Equatorial Guinea
0.3

Old-age pension beneficiaries as a proportion of the population above statutory pensionable age,
latest available year (percentages)
High-income economies
Western Europe
Austria
100.0
High-income economies
Central and Eastern Europe
Czech Republic
100.0
High-income economies
Western Europe
Denmark
100.0
High-income economies
Western Europe
Finland
100.0
High-income economies
Western Europe
France
100.0
High-income economies
Western Europe
Germany
100.0
High-income economies
Western Europe
Iceland
100.0
High-income economies
Central and Eastern Europe
Latvia
100.0
High-income economies
Central and Eastern Europe
Lithuania
100.0
High-income economies
Western Europe
Netherlands
100.0
High-income economies
Western Europe
Norway
100.0
High-income economies
Western Europe
Portugal
100.0
High-income economies
Central and Eastern Europe
Russian Federation
100.0
High-income economies
Central and Eastern Europe
Slovakia
100.0
High-income economies
Western Europe
Switzerland
100.0
High-income economies
Western Europe
Sweden
100.0
High-income economies
Western Europe
United Kingdom
99.5
High-income economies
Latin America and the Caribbean
Trinidad and Tobago
98.7
High-income economies
Central and Eastern Europe
Estonia
98.0
High-income economies
Asia and the Pacific
New Zealand
98.0
High-income economies
North America
Canada
97.7
High-income economies
Central and Eastern Europe
Poland
96.5
High-income economies
Central and Eastern Europe
Slovenia
95.1
High-income economies
North America
United States
92.5
High-income economies
Western Europe
Ireland
90.5
High-income economies
Western Europe
Luxembourg
90.0
High-income economies
Western Europe
Cyprus
85.2
High-income economies
Western Europe
Belgium
84.6
High-income economies
Latin America and the Caribbean
Bahamas
84.2
High-income economies
Asia and the Pacific
Australia
83.0
High-income economies
Asia and the Pacific
Brunei Darussalam
81.7
High-income economies
Western Europe
Italy
81.1
High-income economies
Asia and the Pacific
Japan
80.3
High-income economies
Latin America and the Caribbean
Aruba
79.3
High-income economies
Asia and the Pacific
Korea, Rep. of
77.6
High-income economies
Western Europe
Greece
77.4
High-income economies
Latin America and the Caribbean
Uruguay
76.5
High-income economies
Latin America and the Caribbean
Chile
74.5
High-income economies
Middle East
Israel
73.6
High-income economies
Asia and the Pacific
Hong Kong, China
72.9
High-income economies
Latin America and the Caribbean
Antigua and Barbuda
69.7
High-income economies
Latin America and the Caribbean
Barbados
68.3
High-income economies
Western Europe
Spain
68.2
High-income economies
Western Europe
Malta
60.5
High-income economies
Central and Eastern Europe
Croatia
57.6
High-income economies
Latin America and the Caribbean
Saint Kitts and Nevis
44.7
High-income economies
Middle East
Bahrain
40.1
High-income economies
Middle East
Kuwait
27.3
High-income economies
Middle East
Oman
24.7
High-income economies
Middle East
Qatar
7.9
High-income economies
Asia and the Pacific
Singapore
0.0

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