The Universal Declaration of Human Rights (UDHR) and the International Covenant on Economic, Social and Cultural Rights (ICESCR) embodies among others, the rights of older persons to social security and adequate standard of living to support their wellbeing. The provision of reliable sources of income security in old age therefore, is of utmost importance. For some, these sources include private savings, assets, and intra-family transfers but for mist, this comes from public pension systems. Without a secure access to these, older persons and even their families might fall into poverty.
|Source Institution||National Economic and Development Authority|
|Place of Publication||Manila|
|Original Publication Date|