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Pension systems in Sub-Saharan Africa : brief review of design parameters and key performance indicators

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  • Abels,Miglena
  • Guven,Melis U.

Abstract

The paper summarizes key design characteristics and performance indicators of national and civil service pension schemes in Sub-Saharan Africa (SSA). It is intended to serve as a resource in pension reform efforts in the region. The note delivers an up-to date assessment of the main design parameters, key performance metrics, and main challenges facing pension systems in SSA. The information provided in the note aims to capture current trends in the region and benchmark performance and pension system design choices made by countries against international experience. Section one provides an overview of mandatory national pension systems in the region whereas Section two presents the key design features of civil service pension schemes. Section three analyzes the performance of both national and civil service pension schemes; particular attention is paid to the fiscal performance and equity of the pension schemes. Pension system design parameters of both national and civil service pension schemes are discussed in section four. Section five aims to enhance the paper by providing relevant demographic data and analysis.

Suggested Citation

  • Abels,Miglena & Guven,Melis U., 2016. "Pension systems in Sub-Saharan Africa : brief review of design parameters and key performance indicators," Policy Research Working Paper Series 109428, The World Bank.
  • Handle: RePEc:wbk:wbrwps:109428
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    File URL: http://documents.worldbank.org/curated/en/271551477284461959/pdf/109428-WP-P148817-PUBLIC-Social-protection-and-labor-series-1610.pdf
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    Cited by:

    1. Maria Laura Alzua & Natalia Cantet & Ana C Dammert & Damilola Olajide, 2024. "The Well-being Effects of an Old-Age Pension: Experimental Evidence for Ekiti State in Nigeria," Journal of African Economies, Centre for the Study of African Economies, vol. 33(3), pages 240-270.
    2. Pak, Tae-Young, 2020. "Social protection for happiness? The impact of social pension reform on subjective well-being of the Korean elderly," Journal of Policy Modeling, Elsevier, vol. 42(2), pages 349-366.

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