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A Global Movement for the Rights of Older People: "Thanks, Otto! Looking back at Bismarck's Legacy"

3 Nov 2014

  • Source
  • Title: Thanks, Otto! Looking back at Bismarck's Legacy
  • Date: 28 Oct 2014
  • Publication: HelpAge International

"... Thanks, Otto! has been organised by HelpAge International and HelpAge Deutschland, the German Federal Ministry for Economic Cooperation and Development (BMZ), GIZ, and Allianz. Governments, donors, multilateral institutions including the World Bank, civil society and academics, as well as delegates from Africa, Latin America and East Asia are all here. 

"The conference is addressing important questions:
  • What role do pensions play today and what challenges are we facing in the future?
  • What is the future of retirement?
  • How will we fund pensions in the context of demographic ageing?
  • What role can development cooperation play?
[ ... ]
"Dr Katja Hujo from UNRISD viewed that the Bismarck system had received criticism from both ends of the political spectrum, but there was still value in the Bismarck system today – although it is an ambitious model.

Historically, she said that the 1990s had seen a wave of privatisation of pension systems, whilst the 2000s were seeing the expansion of social pensions, and that many pension systems were evolving in to more hybrid models. [ ... ]"

To view the entire blog article.