Cape Verde

Basic country data

  • Population 60 and over (2018)
  • 38,765
  • % of total
  • 7.0%
  • Population 60 and over (2050)
  • 133,852
  • % of total
  • 24.2%
  • Does the country have a social pension?
  • Yes
  • Region
  • Sub-Saharan Africa
  • Income group
  • Lower middle income

Data on social pensions

Pensao Social Minima (Minimum Social Pension)

Basic scheme information

Data on social pensions

  • Name of pension or programme
  • Pensao Social Minima (Minimum Social Pension)
  • Year first social pension introduced
  • 2006
  • Legislative Underpinning
  • Decreto-lei nº 24/2006 de 06 de Março

2015

Universal pensions for older persons: Cabo Verde (ILO Paper)

Eligibility criteria

  • Age of eligibility
  • 60
  • Targeting approach
  • Means-tested
  • Detailed eligibility criteria
  • To qualify for the social pension for older persons, applicants must be resident in Cabo Verde, be 60 years old or above, have an income below the national official poverty line (4,123 CVE in 2007), and not to be covered by any other social security scheme.
  • References and notes

2015

Social Protection Floor in Cape Verde ( 2010 ILO paper)

Universal pensions for older persons: Cabo Verde ( 2015ILO Paper)

Adequacy

2011

Social Protection Floor in Cape Verde (ILO Paper)

Coverage

2011

HelpAge calculation

Cost

  • Total cost (local currency)
  • 1,380,000,000 Escudos
  • Cost as % of GDP
  • 0.9%
  • References and notes

Social Pensions and the Social Protection Floor in Cape Verde

This video looks at Cape Verde's social pension system. It highlights the views of beneficiaries and ministers, explores a new IT system and demonstrates how the programme is enabling Cape Verde to successfully create a Social Protection Floor.

Resources on the pension in Cape Verde

Social pensions database

Explore the Social pensions database

Calculator

Calculate the cost of a universal pension in your country