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A comparative analysis of pension reforms and challenges in Ghana and Nigeria

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  • Michael W. Kpessa

Abstract

Ghana and Nigeria recently joined a number of countries that have incorporated fully‐funded defined contribution pension programmes into their national social security arrangements. Contemporary analyses of pension reforms, however, continue to focus on middle‐income countries in Latin America and Central and Eastern Europe, as well as on Member States of the Organisation for Economic Co‐operation and Development, thereby marginalizing recent pension policy reforms in sub‐Saharan African countries. This article examines the complete and partial shifts to defined contribution pension programmes in Nigeria and Ghana respectively, and points to a number of contextual and contingency factors that challenge the use of defined contribution schemes as a means to address problems of benefit adequacy in the sub‐Saharan African context.

Suggested Citation

  • Michael W. Kpessa, 2011. "A comparative analysis of pension reforms and challenges in Ghana and Nigeria," International Social Security Review, John Wiley & Sons, vol. 64(2), pages 91-109, April.
  • Handle: RePEc:wly:intssr:v:64:y:2011:i:2:p:91-109
    DOI: 10.1111/j.1468-246X.2011.01394.x
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    Cited by:

    1. Anthony Kwame Apedzi & Albert Ahenkan & Comfort Michelle Apedzi, 2019. "Low Pension Benefits- The Overarching Issue of Agitations by Doctors and Nurses in Greater Accra Region, Ghana 2005-2015," Biomedical Journal of Scientific & Technical Research, Biomedical Research Network+, LLC, vol. 15(2), pages 11197-11202, February.

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