United Nations Development Programme
Type of work: Project and Program Management
Relevent Country: South Africa
Last Date: 07-10-2022
The United Nations Development Programme (UNDP) requests you to submit your Proposal for the Piloting social insurance for the informal sector in South Africa with special focus on women.
UNDP intends to pilot a social insurance scheme for the informal sector in South Africa that considers distinct characteristics of these workers, such as irregular and relatively low earnings and need for easy access to funds. Informal sector workers would benefit from such a social insurance scheme that allows for short-term savings that could be withdrawn during times of unemployment, as well as a long-term savings account for better old age pension. To the extent that informal sector workers would contribute to the scheme, they would be covered by a new form of social insurance. Such a social insurance scheme could be complemented by financial or behavioural incentives to encourage savings.
The social insurance scheme would have the additional benefit of increasing financial inclusion among informal sector workers and instilling a culture of savings. Reflecting this need for broader coverage, some countries in Africa have launched such social insurance schemes: for example, Haba Haba and Mbao in Kenya, Ejo Heza LTSS (‘long-term saving scheme’) in Rwanda, Micro Pension Plan in Nigeria, and Extension of Coverage for the Informal Sector (ECIS) Project in Zambia.
Objectives
Scope of Work
The consultancy firm is expected to undertake the following tasks:
Duration of the Work
The duration of the consultancy is 60 working days effective from the date of signing the contract.
Expected Deliverables
Under the guidance of the UNDP Economics Advisor, the consultancy firm will deliver the following deliverables:
Competencies
Source: https://procurement-notices.undp.org/view_file.cfm?doc_id=313454