Social protection for older people in Central Asia and the South Caucasus
Social protection for older people in Central Asia and the South Caucasus
The economic dislocation of the early 1990s had significant consequences for the relatively generous pension systems of all countries inherited from the former Soviet Union. Rising unemployment and economic restructuring reduced the contribution base, increasing system dependency rates. In the face of falling public expenditure many countries undertook wide-ranging reforms of the pension system – including tightening eligibility criteria, increasing retirement ages, and moving away from defined benefits toward defined contribution systems. This paper details the impact of economic and political transition on pension systems during the 1990s, through to the mid-2000s in Central Asia and the South Caucasus. It then focuses on the first wave of pension reforms and the current pension systems in the region today in four case study countries: Armenia, Kazakhstan, the Kyrgyz Republic, and Tajikistan. The analysis focuses in particular on the structure of the benefit system and the role played by minimum social pensions alongside the formal contributory system and informal transfers, including remittances.
978-92-9092-726-6
246-278
Falkingham, Jane
8df36615-1547-4a6d-ad55-aa9496e85519
Vlachantoni, Athina
06a52fbb-f2a0-4c81-9fbc-d6efc736c6cb
4 July 2012
Falkingham, Jane
8df36615-1547-4a6d-ad55-aa9496e85519
Vlachantoni, Athina
06a52fbb-f2a0-4c81-9fbc-d6efc736c6cb
Falkingham, Jane and Vlachantoni, Athina
(2012)
Social protection for older people in Central Asia and the South Caucasus.
In,
Social Protection for Older Persons: Social Pensions in Asia.
Mandaluyong, PH.
Asian Development Bank, .
Record type:
Book Section
Abstract
The economic dislocation of the early 1990s had significant consequences for the relatively generous pension systems of all countries inherited from the former Soviet Union. Rising unemployment and economic restructuring reduced the contribution base, increasing system dependency rates. In the face of falling public expenditure many countries undertook wide-ranging reforms of the pension system – including tightening eligibility criteria, increasing retirement ages, and moving away from defined benefits toward defined contribution systems. This paper details the impact of economic and political transition on pension systems during the 1990s, through to the mid-2000s in Central Asia and the South Caucasus. It then focuses on the first wave of pension reforms and the current pension systems in the region today in four case study countries: Armenia, Kazakhstan, the Kyrgyz Republic, and Tajikistan. The analysis focuses in particular on the structure of the benefit system and the role played by minimum social pensions alongside the formal contributory system and informal transfers, including remittances.
This record has no associated files available for download.
More information
Published date: 4 July 2012
Organisations:
Social Sciences
Identifiers
Local EPrints ID: 340901
URI: http://eprints.soton.ac.uk/id/eprint/340901
ISBN: 978-92-9092-726-6
PURE UUID: 05f020b2-9194-44bc-8705-07d453b1ad99
Catalogue record
Date deposited: 10 Jul 2012 15:58
Last modified: 23 Jul 2022 01:58
Export record
Download statistics
Downloads from ePrints over the past year. Other digital versions may also be available to download e.g. from the publisher's website.
View more statistics
