8.4 Monthly Benefits

the income threshold is quite high, which explains the near universal coverage of 95 percent of the population above the age of eligibility. In India, the threshold is low, which likely contributes to the low coverage of the program.

There is also significant variation in the monthly benefits across the five countries (figure 8.4, panel a). Pensions are highest in Maldives and Nepal, equal to 37 percent

FIGURE 8.4 Monthly Benefits

Sources: world bank calculations; ASPirE (Atlas of Social Protection indicators of resilience and Equity) (dashboard), world bank, washington, dC, http://datatopics.worldbank.org/aspire/. Note: EAP = Elderly Assistance Program; gdP = gross domestic product; igNOAPS = indira gandhi National Old Age Pension Scheme; OAA = Old Age Allowance; OAbP = Old Age basic Pension; PAmA = Public welfare Assistance Allowance.