The elderly are living in dignified conditions, they are financially secure, productive, and engaged
Guarantee equal rights and civic duties to all citizens
A Cohesive, Egalitarian, Diverse and Dynamic Society
Lebanon is one of the rapidly ageing countries in West Asia. An ageing population involves an increase in the median age of the population, an increasing proportion of people living beyond life expectancy (78 years), increasing life expectancies, and decreasing numbers of children as a proportion of the population
Less people of working age means a lower number of workers, so the economy shrinks and the tax base of the country also shrinks
The elderly pension policy should provide: 1- Safety from want 2- Converting part of the productive years into the least productive end of life 3- Insurance to provide life necessities
% people over 65 receiving a pension
% of people aged 60+ with an income of less than half the country's median income
Healthy life expectancy at 60: average number of years a person aged 60 can expect to live in good health
% of the population aged 55-64 employed
Lebanon ageing population is rapidly increasing
6% of the workforce (civil servants and military) are covered by 2 pension systems run by the Ministry of Finance (at a cost of 2.7% of GDP).
20% of the workforce is covered by the NSSF (spending rate of 1% of GDP). End of Service indemnity is paid in one lump sum one month for every year worked.
Private sector workers upon retirement leave employment neither with pension entitlement nor health coverage
60% of the workforce workers who reportedly receive salaries are not covered by any pension system
Families are playing the larger role in providing for the elderly. Religious organizations and some civil society organizations take on a smaller part.
There is a gap in the supply of geriatricians and gerontologists
The MOF pension systems do not maintain an independent reserve.
NSSF maintains a cash reserve equivalent to about 15% of GDP (9,000 Billion LBP), however its investment portfolio largely consists of Treasury Bills.
The institutional system of the current pension systems is characterized by a high level of waste, inefficiency, high operating costs, and a lack of transparency
Home-care programs for older persons remain scarce and unaffordable
Mental health of the elderly is underreported
Private funding unlikely for social areas where the level of financial returns on investment is not possible, so the scarce available public resources should be directed to provide social protection
Government might reduce existing pension systems (NSSF, engineers, etc.) to secure funds needed. IMF program might do the same.
Draft Law 13760 dated 15/12/2004 aiming to Amend certain provisions of social security Law and the establishment of a pension system – still in discussion in parliament
2011 National Strategy for Social Development drafted by MOSA in collaboration with CRI and UNDP - but not endorsed and not enacted
Promote the promotion of an Integrated Social Protection Program, anchored in broad based economic policies for inclusive growth and vulnerable population protection including the elderly.
Reform the NSSF to make it less heavy administratively, more transparent, and more efficient
Make the needed amendments to draft law 13760/2004 and include pension entitlement with goal of 40 percent minimum pension after 30 years at the statutory retirement age of 64, the required contribution rate has been set at 15% of wages following standard calculation methods based on an actuarial study completed (with assistance from the World Bank and the International Labor Organization).
Take immediate actions to provide elderly with healthcare coverage, and the minimum living income
Develop a legal framework to legalize euthanasia (or the express intention of ending a life, to relieve intractable suffering) is developed