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Income security in an aging world - what role for privatization?
Author(s)Sara E Rix
Journal titleBOLD, vol 10, no 4, August 2000
PublisherInternational Institute on Ageing (United Nations - Malta), August 2000
Pagespp 5-18
KeywordsSocial security benefits ; Private pensions ; Private enterprise ; Social policy ; International ; Chile.
AnnotationAt its simplest, population ageing means more older people and relatively fewer younger ones to help support them. In many parts of the world, people remain economically active until very late in life - often until they die. Should they become unable to provide for themselves, family members typically come to the rescue. But the goal has been to establish social protection schemes for those who cannot continue working, thus relieving them of the need to depend on adult children or other relatives whose own financial resources may be limited. This article provides an overview of rising dependency ratios and the role of the family in supporting older people. It highlights the major types of social security schemes, and examines privatisation as an approach to social security reform, citing the example of Chile. (RH).
Accession NumberCPA-001106211 A
ClassmarkJH: JK: W4D: TM2: 72: 7WA

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