Friday, May 18, 2018

Universal social pension scheme for elderly is feasible

The Minister of Gender, Children, Disability and Social Welfare and the Malawi Network of Older Persons’ Organisations (Mnepo) recently launched a study titled Realising Income Security in Old Age: A study into the Feasibility of a Universal Old Age Pension in Malawi. Among others, the study found that a universal social pension scheme for older persons is both needed and feasible in Malawi.

Population ageing is one of the most important global demographic megatrends that can no longer be ignored. It is happening in all regions of the world and progressing fastest in developing countries, including the ones that have a large population of young people like Malawi. The growing ageing population has significant consequences for providing... Read More