Social security and labor migration in ASEAN
This policy brief takes a preliminary look at portability of social security in ASEAN, particularly old-age, retirement, and survivor benefits. Portability of social security affects key decisions of migrant workers, for example whether to retire early and where to spend their retirement—in their home or host country. Social security portability also has important economic implications for host and home countries. If labor-receiving countries are keen to see foreign workers go back home, portability of social security would help facilitate such a politically desirable outcome. On the part of labor-sending countries, they also benefit from circular migration flows through enhanced human capital of and increased investments from returning migrants. With portable social security returning migrants minimize the burdens on their home countries' social services. Significantly, for regions that aim at deeper economic integration like the ASEAN, social security portability can facilitate a more orderly labor movement within the region, foment greater social cohesion and more "buy-in" for the integration efforts.
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The views expressed in this paper are the views of the authors and do not necessarily reflect the views or policies of the Asian Development Bank Institute (ADBI), the Asian Development Bank (ADB), its Board of Directors, or the governments they represent. ADBI does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms.
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