Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/41540
Authors: 
Schmähl, Winfried
Year of Publication: 
2002
Series/Report no.: 
ZeS-Arbeitspapier 06/2002
Abstract: 
At present, Bhutan's old-age security still is mostly based on an extended family network. Formal old-age provision mainly is for civil servants, providing, however, only lump-sum payments. This paper analyses the present conditions and obvious deficits of the existing arrangements and outlines possibilities for introducing a pension scheme which provides regular (monetary) income in old age. Income in old age could be increased and costs could be reduced by transforming the existing Provident Fund totally or partially into a pension scheme. This can be combined with pay-as-you-go and funded elements.
Document Type: 
Working Paper

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