What We Do
Decades of experience
The vision for the initiative was developed over decades of experience of working to improve a domestic pension system alongside work on the governance of the (global) investment allocations that pension funds make. This highlighted the connection between global flows and the potential for donors to leverage transfers at scale that could be targeted to individual accounts in which contributions could grow over time to have the biggest impact.
Work on boosting coverage for low-income informal sector workers from India to Ghana to Vietnam showed the central importance of good individual identification (ID) and effective information technology (IT) combined with good design and governance of the pension value chain to create stronger domestic pension systems. If the pension system is good enough, donors can make a huge difference to help low-income savers ensure a decent income in old-age and avoid poverty.
Global Engagements
Some Cool Facts
Numbers Speak For Themselves
We Use Our Expertise In Assessing, Designing And Implementing Pensions Systems To Identify Countries Where The Regulation And Supervision Allow Safe Transfers From External Donors To Low-Income Pension Accounts.
This Is Matched
By our expertise in payments and administration to ensure low cost and efficient transfers that can grow until retirement is reached.
Our Approach
Also allows donors to target particular sectors or have donor funds match individual contributions, so that a dollar of donor money can leverage even greater impact.
With The Right Conditions
One dollar of donor money that is matched by an individual (or government) contribution and invested for 15 years will lead to 4 dollars extra in pensions saving for the low-income recipient and 8 dollars over 30 years.