Case for a Provident and Pension Funds Authority. Discussion paper on Social Protection and Labour. Global Pension Systems and Their Reform: Worldwide Drivers, Trends, and Challenges. Proposals to Restructure Social Security. Asher (2011), ‘Micro-pensions in India: Issues and challenges’, International Social Security Review, 64(2), 1-21. (2010), ‘The impact of the global financial crisis on social protection in developing countries’, International Social Security Review, 63(2), 31-45. (2012), ‘The retrenchment of second-tier pensions in Hungary and Poland: A precautionary tale’, International Social Security Review, 65(3), 1-25. Diamond (2008), Reforming pensions: Principles and policy choices,Oxford University Press, Oxford. (2004), ‘Reforming Pensions: Myths, Truths and Policy Choices’, in Reforming Public Pensions: Sharing the Experiences of Transition and OECD Countries, Organization for Economic Cooperation and Development, Paris. A World Bank Policy Research Report, Oxford University Press, Oxford. Averting the Old Age Crisis: Policies to Protect the Old and Promote Growth. Page(s): 01-07 Date of Publication: 15 September 2020 In order to react against entire complications to be faced by the elderly during the latter part of their lives, they have conformed to different and varied behavioural practices and develop community gatherings and bonds. Hence the study suggests the to launch a methodological and socially signified approach for the well-being of elderly and the retirees and it is necessary to reinforce the prevalent law and order policies in the country in order to ensure needed social security for the elderly community. The findings reveal the noticeable characteristics of the retired community as majority has Deteriorated Health conditions, Abounded breakdown of psychologies, Propensity to move towards spiritual life styles, Displeasure to move away from own supremacy and Majority of retired personnel follow the divorced living pattern. Data analysis conducted via qualitative and quantitative categorization and presented through graphs and tables while, qualitative data analysis followed the explanatory processes.

Data gathering was proceeded through mainly from questionnaires, further informal discussions, observations, interviews and case studies. Accordingly, these pensioners are dwelling in various network levels the issues being looked by them are changed and it is to comprehend the imperative issues stood up to by the pensioner within the Sri Lanka.īased on the Department of Pension, 150 pensioners been selected on random sampling basis from the retirement of Government services from January to December, in 2010. This research paper examine the problems faced by the individual who is vigorously concerned in an assigned employment within a state institution that is identified as Government employee, who is upon reaching the retirement age, is precise or interpreted as a Pensioner.

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