RE-IMAGINING SOCIAL PROTECTION Public Disclosure Authorized L E V - - PowerPoint PPT Presentation

re imagining social protection
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RE-IMAGINING SOCIAL PROTECTION Public Disclosure Authorized L E V - - PowerPoint PPT Presentation

Public Disclosure Authorized RE-IMAGINING SOCIAL PROTECTION Public Disclosure Authorized L E V E R I N G D I S R U P T I V E T E C H N O L O G I E S T O D E V E L O P R E G I O N A L , F L E X I B L E B E N E F I T S P L A T F O R M S I


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  • T. George; M. Guven; J. Koschorke; N. Soon-Shiong; E. Brodersohn

RE-IMAGINING SOCIAL PROTECTION

L E V E R I N G D I S R U P T I V E T E C H N O L O G I E S T O D E V E L O P R E G I O N A L , F L E X I B L E B E N E F I T S P L A T F O R M S I N W E S T A F R I C A

Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized

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SLIDE 2

A SOLUTION TO FACILITATE INFORMAL SECTOR PENSIONS

P r o b l e m S t a t e m e n t

  • Persistent informality requires a new

approach to delivering social protection/pensions to informal sector workers, mostly women, irrespective of their employer or of the terms on which they work.

S o l u t i o n f o r W e s t A f r i c a

  • A regional, flexible, digital-pension benefits

platform that enhances social protection accounting for precarious, informal work across borders.

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SLIDE 3

A S O L U T I O N R E S P O N D I N G T O M O B I L I T Y O F P E O P L E I N T H E R E G I O N

  • CONTEXT: 70% of people in ECOWAS region are

mobile across borders.

  • REGIONAL: Partnership with CIPRES (regional

pension regulator).

  • COUNTRY SPECIFIC: Piloting first in Benin;

customize to respond to country specific

  • circumstances. Solution can be replicated to

customize for different countries.

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SLIDE 4

A S O L U T I O N T O S U P P O R T D I G I T A L C O N T R I B U T I O N S A N D A D M I N I S T R A T I O N

  • FLEXIBLE CONTRIBUTIONS: As opposed to savings

tied to the standard employer-employee contract, participants contribute mainly to individual accounts through mobile money when they can for saving for old age until a pre-set age.

  • DIGITAL PAYMENT OF CONTRIBUTIONS:

Contributions mainly made through mobile money

  • DIGITAL ADMINISTRATION: Supported by a new

digital platform

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SLIDE 5

LEVERAGING WB REGIONAL ID PROJECT

  • WURI: US$317.1 m World Bank project in 5 countries

to: i) establish regional interoperable Foundational ID platforms and ii) enable people to use their IDs across ECOWAS region to allow services

  • ECOWAS Free Movement & Migration Protocol: Allows

people to travel, live and work in 15 countries

  • Regional flexible benefits platform: Leverage WURI

IDS to i) verify and track contributions accurately; ii) establish ownership of contributions; and iii) establish

  • wnership of pension benefits when people reach

eligibility age

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SLIDE 6

A CO-DESIGNED PROTOTYPE

P u b l i c - P r i v a t e P a r t n e r s h i p

  • The WB has partnerships with regional

bodies such as ECOWAS, WAEMU and CIPRES as well as private sector technology companies

  • Initial prototype co-designed by a

coalition of global, regional, and local players with technology and expertise

D r i v i n g O u t r e a c h

  • Partnership with existing, trusted digital

platforms can help facilitate local trust, drive

  • utreach campaigns and individual

contributions

  • A successful prototype in Benin can

incentivize other digital platforms to utilize their technology towards the development

  • f similar prototypes in other countries

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SLIDE 7

L E V E R A G I N G T H E W O R L D B A N K G R O U P ’ S C O N V E N I N G P O W E R

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Regional bodies Regulators Regional ID platform Technical development experts Government counterparts Global/regional/ local technology players

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SLIDE 8

HARNESSING FRONTEIR TECHNOLOGY

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Regional flex/contribution benefits: Create long-term savings account delinked from formal employment Regional Foundational IDs: Prove unique identity across borders; verify and track contributions; establish ownership benefits in partnership with WURI Regional ID project & ECOWAS Payments: Make cashless, flexible contributions in partnership with mobile operators & payments platforms

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Open Source/Open Standards Software: Invest in OS software as a public good; develop by default with code available in public repositories, supported by African developer communities through partnership with Sèmè City, MIT Solve & Linux Foundation TBC. Low Cost, Scalable Microservices Architecture: Use technologies for Business Intelligence, Registration Servers, Authentication Servers and more.

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SLIDE 9

CONCLUSION

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  • Regional and country-specific solution
  • Supports digital contributions and

administration

  • Leverages the WB regional digital ID program
  • Harnesses frontier technology; co-designed

prototype in collaboration with public and private partners

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QUESTIONS? THANK YOU

  • T. George; M. Guven; J. Koschorke; N. Soon-Shiong; E. Brodersohn