Seychelles

Basic country data

  • Population 60 and over (2018)
  • 13,142
  • % of total
  • 13.8%
  • Population 60 and over (2050)
  • 27,839
  • % of total
  • 29.2%
  • Total pension coverage*
  • 100%
  • Does the country have a social pension?
  • Yes
  • Region
  • Sub-Saharan Africa
  • Income group
  • High income

% of older people (65+) receiving a pension, by type

Data on social pensions

Old-age pension (social security fund)

Basic scheme information

Data on social pensions

  • Name of pension or programme
  • Old-age pension (social security fund)
  • Year first social pension introduced
  • 1979
  • Legislative Underpinning
  • Social Security Act (1987) (subsequently amended)

Eligibility criteria

2012

Social Security Programmes Throughout the World: Africa 2013

Adequacy

  • Monthly benefit (local currency)
  • 2,550 Rupees
  • US$
  • 2,086
  • % of GDP per capita
  • 18.2%
  • $ PPP
  • 386.0
  • % of $1.90 poverty line (PPP)
  • 668%
  • Local amount detailed/other benefits
  • Benefits are reviewed and adjusted annually according to changes in the cost of living
  • References and notes

Coverage

2012

HelpAge calculation

Cost

  • Total cost (local currency)
  • 234,732,600 Rupees
  • Cost as % of GDP
  • 1.5%
  • References and notes

Resources on the pension in Seychelles

  • Social security programs throughout the world: Africa, 2011

    Year: 2011

    Author: SSA

    Social security programs throughout the world: Africa, 2011 provides information on social security schemes throughout Africa.

  • ISSA: Seychelles (webpage)

    Year: 2011

    Author: ISSA

    ISSA webpage providing information on the social pension in the Seychelles.

  • Social Security Programs Throughout the World: Africa, 2009

    Year: 2009 | Published by: Social Security Administration (SSA), International Social Security Association

    Author: Social Security Administration (SSA), International Social Security Association (ISSA)

    The third issue in the current four-volume series of Social Security Programs Throughout the World reports on the countries of Africa. The combined findings...

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