Saving the Next Billion from Old Age Poverty: Global Lessons for Local Action

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Date

Oct 12, 2017

Oct 12, 2017

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On 12 October 2017, pinBox Solutions and the Walsh School of Foreign Service at Georgetown University are co-hosting the first global policy roundtable on digital microPension inclusion. The roundtable is co-sponsored by UNCDF, PFIP, CEM Benchmarking, Center for Financial Inclusion at Accion and microPension Foundation. The roundtable will be a platform for the global launch of the new book titled Saving the Next Billion from Old Age Poverty: Global Lessons for Local Action.

This book is co-edited by Parul Seth Khanna, William Price and Gautam Bhardwaj and features insights from 42 authors representing some 20 countries that have collaborated with pinBox on this global initiative. Among its authors are CFI Managing Director Elisabeth Rhyne and Susy Cheston, who co-authored a chapter titled “Financial Inclusion and Pension Inclusion: Lessons Learned on Access, Usage and Financial Capability.” This invitation-only roundtable will be the first of a series of regional meetings aimed at jumpstarting a global dialogue and collaborative action on digital pension inclusion and coverage expansion in developing countries.

Senior policymakers and practitioners representing governments, central banks, pension regulators, insurers and pension funds, multilateral and bilateral aid agencies and think-tanks from over 30 countries are participating in the October roundtable. They will review key learnings from past efforts in both financial and pension inclusion and discuss new ideas for expanding pension coverage to low income non-salaried informal sector workers. The book and the roundtable focus specifically on leveraging digital financial services infrastructure including ID and digital payments for pension inclusion and matching this with best practice in pension design to benefit the end-user.

 

 

 

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