Zambia has in the recent past expanded social security
programmes.
The expansion of social security programmes will likely effect
the labor market outcomes as follows-
- The new reforms will encourage and attract more number of
workers to get employed. This will increase the level of employment
upto an extent.
- Since, their reforms have included maternity as well as
paternity protection, this will encourage more number of female
workers and workers who have children at home.
- Added pension has increased a potential workers' incentive to
work longer hours and thus increasing the output of the
economy.
- The provision of protection against loss in income due to
retirement, disability or survivorship has also increased the
supply of labors in the market.
- These reforms add to the benefits of the labors and enhances
the efficiency of the workers even if their income remains
unchanged.