了解老年人的收入保障——在积极老龄化的世界中重新思考社会保护和就业（英）

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - Income security for older adults is a significant concern globally, with various sources contributing to their financial stability, including continued work, family support, accumulated assets, and government benefits [5][12] - In emerging economies, the rapid aging of the population raises concerns about the preparedness of older adults to achieve income security, necessitating a stronger role for the state in promoting financial security [6][7] - The report emphasizes the need for innovative solutions to expand pension coverage and improve income security for older adults, particularly in developing countries [51][65] Summary by Sections Understanding Income Security for Older Adults - The report discusses the importance of various income sources for older adults, highlighting that family support, continued work, and government benefits are crucial for financial security [5][12] - It notes that the adequacy of these income sources varies significantly across different regions and levels of development [5][12] Income Sources for Older Adults across Regions - The report identifies four main income sources for older adults: family support, continued work, income from accumulated assets, and government benefits [12][19] - It highlights that living arrangements and access to services significantly impact income security [12] Role of Contributory and Non-Contributory Pensions in Old Age Financial Protection - The report outlines the differences in pension systems between high-income and developing countries, noting that many older adults in developing countries lack adequate pension coverage [19][30] - It discusses the challenges of contributory pension systems, particularly in informal labor markets, and the rise of social pensions as a response [30][34] Contributory Coverage Expansion Challenges, Promise of Voluntary Schemes, and Growth of Non-Contributory Pension Benefits - The report highlights the low coverage of pension systems in low- and middle-income countries, emphasizing the need for innovative informal sector schemes [43][48] - It discusses the importance of expanding savings and encouraging older workers to remain in the labor force to improve income security [51][52] What the World Bank is Doing on Income Security for Older Adults - The World Bank supports income security for older adults through various lending and non-lending instruments, focusing on pension reforms and social assistance [55][57] - The report details the World Bank's efforts to improve pension administration and promote financial inclusion [57][61] Learning from World Bank Engagements on Income Security in Old Age and Looking Ahead - The report outlines key lessons for future work, including the need for rethinking pension design, promoting data transparency, and harnessing digital transactions for pension administration [65][66] - It emphasizes the importance of a holistic view on income security that includes financial literacy and the interaction between public and private transfers [71][72]