Publication:
Voluntary Savings Schemes to Protect Informal Workers in Jordan

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dc.contributor.authorRother, Friederike
dc.contributor.authorChartouni, Carole
dc.contributor.authorSanchez-Reaza, Javier
dc.contributor.authorBrodersohn, Ernesto
dc.contributor.authorPallares-Miralles, Montserrat
dc.date.accessioned2022-05-02T19:16:07Z
dc.date.available2022-05-02T19:16:07Z
dc.date.issued2022-04
dc.description.abstractThis paper proposes a framework of voluntary savings schemes (VSS) in Jordan that can complement the current formal sector arrangements to better protect informal workers against economic shocks, unemployment, old age, or disability. As benefits of traditional mandatory pension systems worldwide have been cut substantially since the 1990s, voluntary defined contribution schemes are increasingly trying to fill the gap. In many countries, including in low-income countries, special voluntary savings schemes have been introduced to protect informal workers. Blending the knowledge from best practices internationally with the cluster methodology developed specifically for Jordan, the paper provides an overview of the current system of social security in Jordan and presents policy options to lower informality, extend social protection coverage, and provide more adequate protection to workers.en
dc.identifierhttp://documents.worldbank.org/curated/en/099720104212238548/P1715950c89d850c3080ea09e07fcd87d40
dc.identifier.doi10.1596/37362
dc.identifier.urihttps://hdl.handle.net/10986/37362
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesSocial Protection & Jobs Discussion Paper;2206
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectECONOMIC SHOCKS
dc.subjectINFORMAL WORKERS
dc.subjectVOLUNTARY SAVINGS SCHEMES (VSS)
dc.subjectVOLUNTARY DEFINED BENEFIT
dc.subjectMANDATORY PENSION
dc.subjectSOCIAL PROTECTION
dc.subjectINFORMAL WORKER PROTECTION
dc.subjectINFORMAL SECTOR
dc.subjectINFORMAL LABOR MARKET
dc.subjectSOCIAL SECURITY
dc.subjectPUBLIC PENSION
dc.subjectPENSION REFORM
dc.subjectPENSION BENEFITS
dc.titleVoluntary Savings Schemes to Protect Informal Workers in Jordanen
dc.typeDiscussion Paper
dspace.entity.typePublication
okr.crossref.titleVoluntary Savings Schemes to Protect Informal Workers in Jordan
okr.date.disclosure2022-04-26
okr.date.doiregistration2025-05-05T12:49:15.916062Z
okr.date.lastmodified2022-04-25T00:00:00Zen
okr.doctypeReport
okr.doctypePublications & Research
okr.doctypeDiscussion Paper
okr.docurlhttp://documents.worldbank.org/curated/en/099720104212238548/P1715950c89d850c3080ea09e07fcd87d40
okr.guid099720104212238548
okr.identifier.externaldocumentum33792089
okr.identifier.internaldocumentum33792089
okr.identifier.report170802
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099720104212238548/pdf/P1715950c89d850c3080ea09e07fcd87d40.pdfen
okr.region.administrativeMiddle East and North Africa
okr.region.countryJordan
okr.topicLaw and Development::Labor & Employment Law
okr.topicSocial Protections and Labor::Labor Markets
okr.topicSocial Protections and Labor::Labor Policies
okr.topicSocial Protections and Labor::Pensions & Retirement Systems
okr.topicSocial Protections and Labor::Social Funds and Pensions
okr.unitSocial Protection & Labor MNA (HMNSP)
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