An evaluation of the poverty reduction impact of the non-contributory old age pension programme in Lesotho: the case of Manonyane

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Title:	An evaluation of the poverty reduction impact of the non-contributory old age pension programme in Lesotho: the case of Manonyane
Authors:	Bello, Haruna Letete, Maluke Rapapa, Mapalesa Chokobane, Labane
Year:	2008
Periodical:	Review of Southern African Studies (ISSN 1024-4190)
Volume:	12
Issue:	1-2
Period:	December
Pages:	76-106
Language:	English
Notes:	biblio. refs.
Geographic terms:	Lesotho Southern Africa
Subjects:	pensions poverty reduction Economics, Commerce Old age pensions poverty Manonyane (Lesotho)
Abstract:	In November 2004, the government of the Kingdom of Lesotho introduced a non-contributory old age pension scheme. This paper investigates the impact of the old age pension on poverty reduction among 215 beneficiaries and their families in Manonyane, Maama Constituency. Results of the analysis reveal that both the incidence and severity of poverty among the elderly declined with headcount ratios of 0.7 and 0.9 with and without the programme respectively. Similarly, the total poverty gap is computed as M(aloti)13,626 and M26,194 with and without the programme respectively. Further evidence from the logistic model which was applied reveal that household size and income were statistically significant in influencing the probability of households getting out of poverty. Bibliogr., sum. [Journal abstract]