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Project Rationale and Linkage to Country/Regional Strategy |
The TA will enable the Government and PFRDA to formulate strategies and measurable action plans, and develop and field test pension products, before rolling out the NPS to the formal and informal sectors. The NPS would encourage greater participation from state civil servants and individual pensioners, as well as informal sector workers. The TA will help the Government and PFRDA develop a database to determine the informal sector workers' demand and ability to pay for voluntary retirement contributions, and the nature and the size of the excluded funds. |
