Republic of Niger : Towards an Integrated and Sustainable Pension System

This report was prepared at the request of the Government of Niger to: (i) provide a comprehensive assessment of the Nigerien pension system, (ii) analyze current reform initiatives and recommend possible refinements and alternatives, and (iii) exa...

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Main Author: World Bank
Format: Policy Note
Language:English
en_US
Published: Washington, DC 2014
Subjects:
TAX
Online Access:http://documents.worldbank.org/curated/en/2009/06/10946536/niger-towards-integrated-sustainable-pension-system
http://hdl.handle.net/10986/18892
id okr-10986-18892
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO INFORMATION
ACCOUNTING
ACCRUAL RATE
ACCRUAL RATES
ADMINISTRATIVE COST
ADMINISTRATIVE COSTS
ADMINISTRATIVE SUPPORT
ARREARS
AVERAGE EARNINGS
AVERAGE PENSION
AVERAGE WAGE
BALANCE SHEET
BANK ACCOUNT
BANKS
BENEFICIARIES
BENEFIT FORMULA
BENEFIT FORMULAS
BENEFIT PAYMENTS
CALCULATION
CALCULATIONS
CAPACITY BUILDING
CAPITAL MARKETS
CONSUMER
CONSUMER PRICE INDEX
CONTINGENT LIABILITIES
CONTRIBUTION
CONTRIBUTION RATE
CONTRIBUTION RATES
CONTRIBUTIONS
CREDIBILITY
CREDITOR
CURRENT PENSION
DEFICITS
DEFINED BENEFIT
DEFINED BENEFIT PENSION
DEFINED BENEFIT PENSIONS
DEFINED BENEFIT SCHEMES
DEMOGRAPHIC
DEPENDENCY RATIO
DEPENDENCY RATIOS
DEPOSIT
DEPOSITS
DISABILITY
DISABILITY PENSION
DISABILITY PENSIONS
DIVERSIFICATION
EARLY RETIREMENT
EARNINGS
ECONOMIC CONDITIONS
ECONOMIC EFFICIENCY
EFFICIENT INVESTMENT
ELDERLY
EMPLOYEE
EMPLOYMENT
EXPENDITURE
FAMILY ALLOWANCE
FAMILY ALLOWANCES
FINANCES
FINANCIAL PROBLEM
FINANCIAL PROBLEMS
FINANCIAL SECTOR
FINANCIAL SITUATION
FINANCIAL SUPPORT
FINANCIAL SUSTAINABILITY
FISCAL PROBLEM
FULL-CAREER WORKERS
FUTURE PENSION
FUTURE PENSIONS
GENERAL POPULATION
GOVERNMENT BUDGET
GROSS WAGE
GROWTH RATE
HUMAN DEVELOPMENT
HUMAN RESOURCE
HUMAN RESOURCES
IMPLICIT INTEREST
INCOME
INCOME FLOWS
INCOME LEVEL
INCOME LEVELS
INCOME REPLACEMENT
INCOMES
INFLATION
INFLATION TARGET
INFORMAL SECTOR
INFORMAL SECTORS
INFORMATION SYSTEM
INFORMATION SYSTEMS
INFORMATION TECHNOLOGIES
INFORMATION TECHNOLOGY
INSTITUTIONAL CAPACITIES
INSTITUTIONAL CAPACITY
INSURANCE
INTEREST RATE
INTERNATIONAL STANDARDS
INVESTMENT POLICIES
INVESTMENT PORTFOLIO
INVESTMENT PROCESS
INVESTMENT STRATEGIES
LABOR FORCE
LABOR MARKET
LABOR MARKETS
LABOR PRODUCTIVITY
LAYOFFS
LIFE EXPECTANCY
LOW INCOME
LOW-INCOME
LOW-INCOME COUNTRY
LOW-INCOME WORKERS
MANDATORY PENSION FUND
MANDATORY SCHEMES
MINIMUM PENSION
MINIMUM PENSIONS
MORTALITY
NATIONAL PENSION
NEGOTIABLE INSTRUMENTS
NET WAGE
NET WAGES
OLD-AGE INCOME
OLD-AGE PENSION
OLD-AGE PENSIONS
OPPORTUNITY COSTS
ORGANIZATIONAL STRUCTURE
OUTPUT
PAYROLL TAX
PAYROLL TAXES
PENSION
PENSION CONTRIBUTIONS
PENSION COVERAGE
PENSION EXPENDITURE
PENSION EXPENDITURES
PENSION FUND
PENSION FUNDS
PENSION LIABILITIES
PENSION PAYMENTS
PENSION PLAN
PENSION PLANS
PENSION REFORM
PENSION RIGHTS
PENSION SCHEMES
PENSION SYSTEM
PENSION SYSTEM REFORM
PENSION SYSTEMS
PENSIONER
PENSIONS
PENSIONS SYSTEMS
POVERTY RATES
PRICE INDEX
PRODUCTIVITY
PUBLIC EXPENDITURES
PUBLIC GOODS
PUBLIC PENSION
PUBLIC PENSION SCHEME
PUBLIC SYSTEM
PURCHASING POWER
REAL ESTATE
REAL ESTATE INVESTOR
RECORD KEEPING
RECURRENT EXPENDITURES
REFORM PROGRAM
REFORM PROGRAMS
REPLACEMENT RATE
REPLACEMENT RATES
RESERVES
RESPONSIBILITIES
RETIRED
RETIRED WORKERS
RETIREES
RETIREMENT
RETIREMENT AGE
RETIREMENT AGES
RETIREMENT INCOME
RETURN
RETURN ON CONTRIBUTION
RETURN ON CONTRIBUTIONS
RETURNS
RISK MANAGEMENT SYSTEM
SALARIES
SALARY
SAVINGS
SAVINGS CAPACITY
SAVINGS FOR RETIREMENT
SECURITY STANDARDS
SERVANTS
SETTLEMENT
SOCIAL COST
SOCIAL DEVELOPMENT
SOCIAL INVESTMENT
SOCIAL PENSIONS
SOCIAL PROTECTION
SOCIAL RISK
SOCIAL RISK MANAGEMENT
SOCIAL SECURITY
SOCIAL SECURITY CONTRIBUTION
SOCIAL SECURITY CONTRIBUTIONS
SOCIAL SECURITY REFORM
SOCIAL SECURITY SYSTEM
STAKEHOLDERS
STRUCTURAL PROBLEMS
SURVIVORS PENSIONS
TAX
TECHNICAL ASSISTANCE
TRANSPARENCY
TREASURY
TREASURY BILLS
UNSKILLED LABOR
UNSKILLED WORKERS
VALUABLE
VALUE OF PENSIONS
VOLUNTARY PENSION
WAGE
WAGE GROWTH
WAGES
YOUNG PEOPLE
spellingShingle ACCESS TO INFORMATION
ACCOUNTING
ACCRUAL RATE
ACCRUAL RATES
ADMINISTRATIVE COST
ADMINISTRATIVE COSTS
ADMINISTRATIVE SUPPORT
ARREARS
AVERAGE EARNINGS
AVERAGE PENSION
AVERAGE WAGE
BALANCE SHEET
BANK ACCOUNT
BANKS
BENEFICIARIES
BENEFIT FORMULA
BENEFIT FORMULAS
BENEFIT PAYMENTS
CALCULATION
CALCULATIONS
CAPACITY BUILDING
CAPITAL MARKETS
CONSUMER
CONSUMER PRICE INDEX
CONTINGENT LIABILITIES
CONTRIBUTION
CONTRIBUTION RATE
CONTRIBUTION RATES
CONTRIBUTIONS
CREDIBILITY
CREDITOR
CURRENT PENSION
DEFICITS
DEFINED BENEFIT
DEFINED BENEFIT PENSION
DEFINED BENEFIT PENSIONS
DEFINED BENEFIT SCHEMES
DEMOGRAPHIC
DEPENDENCY RATIO
DEPENDENCY RATIOS
DEPOSIT
DEPOSITS
DISABILITY
DISABILITY PENSION
DISABILITY PENSIONS
DIVERSIFICATION
EARLY RETIREMENT
EARNINGS
ECONOMIC CONDITIONS
ECONOMIC EFFICIENCY
EFFICIENT INVESTMENT
ELDERLY
EMPLOYEE
EMPLOYMENT
EXPENDITURE
FAMILY ALLOWANCE
FAMILY ALLOWANCES
FINANCES
FINANCIAL PROBLEM
FINANCIAL PROBLEMS
FINANCIAL SECTOR
FINANCIAL SITUATION
FINANCIAL SUPPORT
FINANCIAL SUSTAINABILITY
FISCAL PROBLEM
FULL-CAREER WORKERS
FUTURE PENSION
FUTURE PENSIONS
GENERAL POPULATION
GOVERNMENT BUDGET
GROSS WAGE
GROWTH RATE
HUMAN DEVELOPMENT
HUMAN RESOURCE
HUMAN RESOURCES
IMPLICIT INTEREST
INCOME
INCOME FLOWS
INCOME LEVEL
INCOME LEVELS
INCOME REPLACEMENT
INCOMES
INFLATION
INFLATION TARGET
INFORMAL SECTOR
INFORMAL SECTORS
INFORMATION SYSTEM
INFORMATION SYSTEMS
INFORMATION TECHNOLOGIES
INFORMATION TECHNOLOGY
INSTITUTIONAL CAPACITIES
INSTITUTIONAL CAPACITY
INSURANCE
INTEREST RATE
INTERNATIONAL STANDARDS
INVESTMENT POLICIES
INVESTMENT PORTFOLIO
INVESTMENT PROCESS
INVESTMENT STRATEGIES
LABOR FORCE
LABOR MARKET
LABOR MARKETS
LABOR PRODUCTIVITY
LAYOFFS
LIFE EXPECTANCY
LOW INCOME
LOW-INCOME
LOW-INCOME COUNTRY
LOW-INCOME WORKERS
MANDATORY PENSION FUND
MANDATORY SCHEMES
MINIMUM PENSION
MINIMUM PENSIONS
MORTALITY
NATIONAL PENSION
NEGOTIABLE INSTRUMENTS
NET WAGE
NET WAGES
OLD-AGE INCOME
OLD-AGE PENSION
OLD-AGE PENSIONS
OPPORTUNITY COSTS
ORGANIZATIONAL STRUCTURE
OUTPUT
PAYROLL TAX
PAYROLL TAXES
PENSION
PENSION CONTRIBUTIONS
PENSION COVERAGE
PENSION EXPENDITURE
PENSION EXPENDITURES
PENSION FUND
PENSION FUNDS
PENSION LIABILITIES
PENSION PAYMENTS
PENSION PLAN
PENSION PLANS
PENSION REFORM
PENSION RIGHTS
PENSION SCHEMES
PENSION SYSTEM
PENSION SYSTEM REFORM
PENSION SYSTEMS
PENSIONER
PENSIONS
PENSIONS SYSTEMS
POVERTY RATES
PRICE INDEX
PRODUCTIVITY
PUBLIC EXPENDITURES
PUBLIC GOODS
PUBLIC PENSION
PUBLIC PENSION SCHEME
PUBLIC SYSTEM
PURCHASING POWER
REAL ESTATE
REAL ESTATE INVESTOR
RECORD KEEPING
RECURRENT EXPENDITURES
REFORM PROGRAM
REFORM PROGRAMS
REPLACEMENT RATE
REPLACEMENT RATES
RESERVES
RESPONSIBILITIES
RETIRED
RETIRED WORKERS
RETIREES
RETIREMENT
RETIREMENT AGE
RETIREMENT AGES
RETIREMENT INCOME
RETURN
RETURN ON CONTRIBUTION
RETURN ON CONTRIBUTIONS
RETURNS
RISK MANAGEMENT SYSTEM
SALARIES
SALARY
SAVINGS
SAVINGS CAPACITY
SAVINGS FOR RETIREMENT
SECURITY STANDARDS
SERVANTS
SETTLEMENT
SOCIAL COST
SOCIAL DEVELOPMENT
SOCIAL INVESTMENT
SOCIAL PENSIONS
SOCIAL PROTECTION
SOCIAL RISK
SOCIAL RISK MANAGEMENT
SOCIAL SECURITY
SOCIAL SECURITY CONTRIBUTION
SOCIAL SECURITY CONTRIBUTIONS
SOCIAL SECURITY REFORM
SOCIAL SECURITY SYSTEM
STAKEHOLDERS
STRUCTURAL PROBLEMS
SURVIVORS PENSIONS
TAX
TECHNICAL ASSISTANCE
TRANSPARENCY
TREASURY
TREASURY BILLS
UNSKILLED LABOR
UNSKILLED WORKERS
VALUABLE
VALUE OF PENSIONS
VOLUNTARY PENSION
WAGE
WAGE GROWTH
WAGES
YOUNG PEOPLE
World Bank
Republic of Niger : Towards an Integrated and Sustainable Pension System
geographic_facet Africa
Niger
description This report was prepared at the request of the Government of Niger to: (i) provide a comprehensive assessment of the Nigerien pension system, (ii) analyze current reform initiatives and recommend possible refinements and alternatives, and (iii) examine implementation challenges. To this end, the report develops a set of general guidelines to assess reform options in terms the adequacy of benefits, security, financial sustainability, redistribution, incentives, and administrative efficiency. The core of the report is organized in three chapters. After providing a summary of the background (chapter one), chapter two develops the policy framework and updates the assessment of the mandatory pension systems. The assessment looks at the financial situation of the schemes but also discusses other problems that had been previously overlooked in terms of the adequacy of benefits; the type of redistribution; as well as issues related to incentives. Chapter three reviews Government ongoing reform initiatives, summarizes the international experiences that are relevant to Niger, and, presents recommendations to strengthen current policies by outlining the components of a multi-year reform program, and developing a road map towards implementation.
format Economic & Sector Work :: Policy Note
author World Bank
author_facet World Bank
author_sort World Bank
title Republic of Niger : Towards an Integrated and Sustainable Pension System
title_short Republic of Niger : Towards an Integrated and Sustainable Pension System
title_full Republic of Niger : Towards an Integrated and Sustainable Pension System
title_fullStr Republic of Niger : Towards an Integrated and Sustainable Pension System
title_full_unstemmed Republic of Niger : Towards an Integrated and Sustainable Pension System
title_sort republic of niger : towards an integrated and sustainable pension system
publisher Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2009/06/10946536/niger-towards-integrated-sustainable-pension-system
http://hdl.handle.net/10986/18892
_version_ 1764440891988115456
spelling okr-10986-188922021-04-23T14:03:45Z Republic of Niger : Towards an Integrated and Sustainable Pension System World Bank ACCESS TO INFORMATION ACCOUNTING ACCRUAL RATE ACCRUAL RATES ADMINISTRATIVE COST ADMINISTRATIVE COSTS ADMINISTRATIVE SUPPORT ARREARS AVERAGE EARNINGS AVERAGE PENSION AVERAGE WAGE BALANCE SHEET BANK ACCOUNT BANKS BENEFICIARIES BENEFIT FORMULA BENEFIT FORMULAS BENEFIT PAYMENTS CALCULATION CALCULATIONS CAPACITY BUILDING CAPITAL MARKETS CONSUMER CONSUMER PRICE INDEX CONTINGENT LIABILITIES CONTRIBUTION CONTRIBUTION RATE CONTRIBUTION RATES CONTRIBUTIONS CREDIBILITY CREDITOR CURRENT PENSION DEFICITS DEFINED BENEFIT DEFINED BENEFIT PENSION DEFINED BENEFIT PENSIONS DEFINED BENEFIT SCHEMES DEMOGRAPHIC DEPENDENCY RATIO DEPENDENCY RATIOS DEPOSIT DEPOSITS DISABILITY DISABILITY PENSION DISABILITY PENSIONS DIVERSIFICATION EARLY RETIREMENT EARNINGS ECONOMIC CONDITIONS ECONOMIC EFFICIENCY EFFICIENT INVESTMENT ELDERLY EMPLOYEE EMPLOYMENT EXPENDITURE FAMILY ALLOWANCE FAMILY ALLOWANCES FINANCES FINANCIAL PROBLEM FINANCIAL PROBLEMS FINANCIAL SECTOR FINANCIAL SITUATION FINANCIAL SUPPORT FINANCIAL SUSTAINABILITY FISCAL PROBLEM FULL-CAREER WORKERS FUTURE PENSION FUTURE PENSIONS GENERAL POPULATION GOVERNMENT BUDGET GROSS WAGE GROWTH RATE HUMAN DEVELOPMENT HUMAN RESOURCE HUMAN RESOURCES IMPLICIT INTEREST INCOME INCOME FLOWS INCOME LEVEL INCOME LEVELS INCOME REPLACEMENT INCOMES INFLATION INFLATION TARGET INFORMAL SECTOR INFORMAL SECTORS INFORMATION SYSTEM INFORMATION SYSTEMS INFORMATION TECHNOLOGIES INFORMATION TECHNOLOGY INSTITUTIONAL CAPACITIES INSTITUTIONAL CAPACITY INSURANCE INTEREST RATE INTERNATIONAL STANDARDS INVESTMENT POLICIES INVESTMENT PORTFOLIO INVESTMENT PROCESS INVESTMENT STRATEGIES LABOR FORCE LABOR MARKET LABOR MARKETS LABOR PRODUCTIVITY LAYOFFS LIFE EXPECTANCY LOW INCOME LOW-INCOME LOW-INCOME COUNTRY LOW-INCOME WORKERS MANDATORY PENSION FUND MANDATORY SCHEMES MINIMUM PENSION MINIMUM PENSIONS MORTALITY NATIONAL PENSION NEGOTIABLE INSTRUMENTS NET WAGE NET WAGES OLD-AGE INCOME OLD-AGE PENSION OLD-AGE PENSIONS OPPORTUNITY COSTS ORGANIZATIONAL STRUCTURE OUTPUT PAYROLL TAX PAYROLL TAXES PENSION PENSION CONTRIBUTIONS PENSION COVERAGE PENSION EXPENDITURE PENSION EXPENDITURES PENSION FUND PENSION FUNDS PENSION LIABILITIES PENSION PAYMENTS PENSION PLAN PENSION PLANS PENSION REFORM PENSION RIGHTS PENSION SCHEMES PENSION SYSTEM PENSION SYSTEM REFORM PENSION SYSTEMS PENSIONER PENSIONS PENSIONS SYSTEMS POVERTY RATES PRICE INDEX PRODUCTIVITY PUBLIC EXPENDITURES PUBLIC GOODS PUBLIC PENSION PUBLIC PENSION SCHEME PUBLIC SYSTEM PURCHASING POWER REAL ESTATE REAL ESTATE INVESTOR RECORD KEEPING RECURRENT EXPENDITURES REFORM PROGRAM REFORM PROGRAMS REPLACEMENT RATE REPLACEMENT RATES RESERVES RESPONSIBILITIES RETIRED RETIRED WORKERS RETIREES RETIREMENT RETIREMENT AGE RETIREMENT AGES RETIREMENT INCOME RETURN RETURN ON CONTRIBUTION RETURN ON CONTRIBUTIONS RETURNS RISK MANAGEMENT SYSTEM SALARIES SALARY SAVINGS SAVINGS CAPACITY SAVINGS FOR RETIREMENT SECURITY STANDARDS SERVANTS SETTLEMENT SOCIAL COST SOCIAL DEVELOPMENT SOCIAL INVESTMENT SOCIAL PENSIONS SOCIAL PROTECTION SOCIAL RISK SOCIAL RISK MANAGEMENT SOCIAL SECURITY SOCIAL SECURITY CONTRIBUTION SOCIAL SECURITY CONTRIBUTIONS SOCIAL SECURITY REFORM SOCIAL SECURITY SYSTEM STAKEHOLDERS STRUCTURAL PROBLEMS SURVIVORS PENSIONS TAX TECHNICAL ASSISTANCE TRANSPARENCY TREASURY TREASURY BILLS UNSKILLED LABOR UNSKILLED WORKERS VALUABLE VALUE OF PENSIONS VOLUNTARY PENSION WAGE WAGE GROWTH WAGES YOUNG PEOPLE This report was prepared at the request of the Government of Niger to: (i) provide a comprehensive assessment of the Nigerien pension system, (ii) analyze current reform initiatives and recommend possible refinements and alternatives, and (iii) examine implementation challenges. To this end, the report develops a set of general guidelines to assess reform options in terms the adequacy of benefits, security, financial sustainability, redistribution, incentives, and administrative efficiency. The core of the report is organized in three chapters. After providing a summary of the background (chapter one), chapter two develops the policy framework and updates the assessment of the mandatory pension systems. The assessment looks at the financial situation of the schemes but also discusses other problems that had been previously overlooked in terms of the adequacy of benefits; the type of redistribution; as well as issues related to incentives. Chapter three reviews Government ongoing reform initiatives, summarizes the international experiences that are relevant to Niger, and, presents recommendations to strengthen current policies by outlining the components of a multi-year reform program, and developing a road map towards implementation. 2014-07-17T22:12:05Z 2014-07-17T22:12:05Z 2009-06-30 http://documents.worldbank.org/curated/en/2009/06/10946536/niger-towards-integrated-sustainable-pension-system http://hdl.handle.net/10986/18892 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work Africa Niger