The old-age safety net is already frayed.
While undoubtedly, the absence of a significant old-age safety net (and the paucity of children, the traditional Asian safety net) offers Chinese households a strong incentive to save, those savings rates are not significantly higher than savings rates in other Asian countries.
Ben considered that an important aspect of safety in old age included living in a place where help was readily available if needed.
While a higher proportion of older people in Uganda may resort to working, usually on small pieces of land, in response to the lack of a social safety net in old age, in South Africa there is wide accessibility and uptake of non-contributory old-age pensions (45, 46).
I want to pledge to them that their safety, their dignity in old age will be our priority.
Tradition dictates that children live with their parents and care for them in their old age, a convention that historically provided a safety net.
(Ages 10 to 13) This survivor's tale from the Warsaw ghetto is told from the safety of the narrator's old age in America.
More should be done to build up the first pillar, the public safety-net, to prevent poverty in old age.
Researchers say the old age and poor maintenance of some shipping vessels, as well as slipshod enforcement of safety regulations, are contributing factors to accidents.
