PROJECT M
 

The “Uberization” of pensions

How informal work shapes retirement provisioning in the developing world

© Mark Henley / Panos Pictures

The “Uberization” of pensions

How informal work shapes retirement provisioning in the developing world

By its nature, informal employment is difficult to measure, and assessing it is much debated. The International Labour Organization defined it as the share of workers employed in informal units or having informal jobs over the total number of workers. Informal units were defined as small, unregistered employers while informal jobs were understood to lack basic social or legal protection as well as employment benefits such as severance pay or sick leave.

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