The ILO’s approach aims to guarantee adequate social protection for workers in all types of employment through the adoption of mechanisms that are in line with international social security standards. In addition to non-contributory schemes providing a basic level of protection, this thematic area places a strong emphasis on the adoption of inclusive social insurance schemes that guarantee adequate levels of protection to workers while ensuring broad risk-sharing and supporting labour market mobility.
Well-designed social insurance schemes provide an adequate level of protection that allows the prevention of impoverishment in the face of social risks – an important element of a forward-looking and preventive approach. By combining social insurance and tax financing, social protection systems are able to prevent poverty, address inequalities and promote inclusive growth in a sustainable and equitable way, while supporting just transitions to more environmentally sustainable economies and societies.
The ILO’s online policy resource platform “Extending Social Security to Workers in the Informal Economy” constitutes the central knowledge hub for viable policy solutions and practical guidance on extending social protection to workers in the informal economy and facilitating transitions to formality, including the ILO’s good practice guide and a number of briefs and other materials.