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Of 18 low and middle income countries surveyed in detail, 67% deliver a social pension for under 1% of GDP.
Social pensions in developing countries are affordable where the political will exists. Lesotho, with a Human Development Index of 149 (28th from the bottom), has a social pension.
Social pensions are an investment in less poor, healthier and more socially cohesive societies. Regular income through the social pension supports household members of all ages to access essential services and employment.
This briefing outlines the role of social pensions in realising older people's rights to a secure old age, and how different stakeholders can contribute to achieving this.
Table analysing eligibility, coverage and cost of social pensions in 18 low and middle income countries.
Can social pensions help alleviate the food crisis?
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