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Old Age Allowance (English)

Bangladesh has seen significant declines in fertility and mortality following remarkable improvements in human development. The country’s population pyramid, once with a wide base representing a very large young population, is starting to see a burgeoning elderly population (defined as those ages sixty-two and older) who represented about 5 percent of the population in 2011i and is expected to grow to a staggering 20 percent of the population by 2050. Thus, safety net programs to provide old age support for the poor elderly will be playing an increasingly important role. This policy brief discusses the program details, current challenges and reform areas, and way forward for the Old Age Allowance, the country’s largest anti-poverty cash transfer for the elderly.

Details

  • Author

    Anwar,Rubaba, Cho,Yoonyoung, Aziz,Ashiq

  • Document Date

    2019/03/13

  • Document Type

    Brief

  • Report Number

    135280

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Bangladesh,

  • Region

    South Asia,

  • Disclosure Date

    2019/03/14

  • Disclosure Status

    Disclosed

  • Doc Name

    Old Age Allowance

  • Keywords

    local member of parliament; nutrition and health care; safety net program; number of beneficiaries; word of mouth; cash transfer program; income generating activity; social security program; civil service pension; decline in fertility; availability of information; amount due; safety net operation; per capita consumption; release of fund; integrated household survey; food for work; eligibility criterion; beneficiary selection; payment process; rural area; awareness campaign; Social Protection; elderly population; local branch; minimum age; benefit amount; individual bank; universal coverage; budget allocation; national budget; local bank; financial inclusion; payment amount; program account; urban ward; smaller share; vulnerable woman; social network; vulnerable individual; greater access; program eligibility; budgetary allocation; initial listing; eligible beneficiary; Land Ownership; local committees; rural beneficiary; urban poor; outreach campaign; clear rules; elderly woman; anecdotal evidence; positive outcome; capacity constraint; allowance amount; household food; protein intake; body mass; mitigation measure; financial cost; health awareness; subsistence need; social deprivation; security measure; biometric authentication; Mental health; poverty target; benefit payment; bank transfer; transfer benefit; physical presence; joint account; cultural restriction; cash withdrawal; elected representative; administrative hierarchy; civil society; funeral expenses; program effectiveness; oversight body; program outcome; child benefit; population pyramid; young population; targeted program; eligible applicant; permanent residency; annual budget; socioeconomic development; fiscal pressure; employment generation; destitute woman; monthly allowance; pension program; support structure; formal sector; informal sector; allowance program; joint family; rural coverage; rapid urbanization; budget increase

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Citation

Anwar,Rubaba Cho,Yoonyoung Aziz,Ashiq

Old Age Allowance (English). Social Protection and Jobs Program brief Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/619861552541446911/Old-Age-Allowance