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This project working paper discusses the prevailing system of income security for older persons in Sri Lanka with regard to coverage, beneficiaries and sustainability. The paper finds that the current system is inadequate to provide income security for older persons, as the sustainability of several pension funds is at stake and coverage is relatively low. The paper further calculates the cost of providing universal income security in Sri Lanka.

This project working paper discusses the prevailing system of income security for older persons in Sri Lanka with regard to coverage, beneficiaries and sustainability. The paper finds that the current system is inadequate to provide income security for older persons, as the sustainability of several pension funds is at stake and coverage is relatively low. The paper further calculates the cost of providing universal income security in Sri Lanka.

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