The Potential Contribution of Contributory Social Protection (Pensions and other Social Insurance Cash Benefits Schemes) to the Closure of the Protection Gap in Asia
Social insurance provides income security and replaces income lost from old age, incapacity or disability, and sickness. Achieving social insurance coverage for all employed may be difficult for some countries, especially those beset with governance problems. However, if we are to effectively eliminate poverty among the working poor, temporarily employed, the elderly, and handicapped, extending coverage of social insurance schemes should be part of national strategies.