A PERSPECTIVE ON OLDER PERSONS IN BHUTANYONTEN PHUNTSHO

CONTENTS

▪ Country Profile

▪ Current situation of older persons and possible trends

▪ Institutions covering security of older persons

▪ National Pension & Provident Fund

▪ The Kidu (Welfare) System of the Institution Monarchy

▪ Demography and demographic indicators

COUNTRY PROFILE

▪ Area

▪ Administrative Units

▪ Population

▪ Currency

▪ National Language

SENIOR CITIZENS IN BHUTAN

CURRENT SITUATION & FUTURE TRENDS

FUTURE TRENDS

▪ Declining fertility rates

▪ Increasing life expectancy

▪ Changing family values

▪ Inadequate Income Security

▪ Young Population

▪ Low old dependency ratio

▪ High family values

▪ Accommodative religious ethics

▪ Free health and funeral services

▪ Strong Kidu (Welfare) System

CURRENT SCENARIO

OVERVIEW OF THE NATIONAL PENSION & PF▪ First established in 1962

▪ Became a established bureau of National Pension and Provident fund in 2000

▪ Today it covers the public sector and the armed forces and provides the following benefits:▪ Retirement benefits

▪ Provident fund

▪ Spousal/children/disability benefits

▪ Dependent parent benefits

▪ Sustains on:▪ membership contributions and employers’ contributions

▪ Investment activities

“Throughout my reign I will never ruleyou as a King. I will protect you as aparent, care for you as a brother andserve you as a son…”

His Majesty’s Coronation Address

THE KIDU(WELFARE) SYSTEM

OF THE INSTITUTION OF

MONARCHY

THE KIDU (WELFARE) SYSTEM OF THE INSTITUTION OF MONARCHY OF THE KINGDOM

▪ The Kidu Net

▪ Welfare officer/welfare focal persons

▪ Decentralized disbursements

▪ Continuous M&E system

▪ Living allowances for disadvantaged senior citizens:

▪ Monthly living allowances (Cash/kind)

▪ Shelter

▪ Medical needs

▪ Funeral

POPULATION DISTRIBUTION BY SEX AND AGE

0

50000

100000

150000

200000

250000

300000

Age 0 to 9 Age 10 to 19 Age 20 to 39 Age 40 to 59 Age 60 to 69 Age 70 plus

Male Female Total

DEMOGRAPHIC INDICATORS

▪ Overall Sex ratio – 107.9

▪ Median age of population – 25.9 years

▪ Over all dependency ratio – 52.4

▪ Old age dependency ratio – 7.3

▪ Child dependency ratio – 45.1

ESTIMATED FERTILITY RATES

0

1

2

3

4

5

6

7

1991 1994 2000 2005 2010 2015 2020 2025 2030

Tota

l Fer

tilit

y R

ate

Year

ESTIMATED LIFE EXPECTANCY

62

64

66

68

70

72

74

76

2005 2010 2015 2020 2025 2030

Life

Exp

ecta

ncy

Year