Resumen

The debate about introducing social pensions is often set against the background of fiscal constraints and government concerns that implementing such pensions could generate long-term liabilities beyond the budgetary capacity of developing countries. This paper presents an overview of the different options available to finance new social pension schemes or to scale up existing ones. It aims to provide useful learning for countries considering the implementation of social pensions, as well as the financing of other cash-transfer and social protection programmes.