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What are the benefits of ratifying Convention No. 102?

Benefits Convention ratifying
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What are the benefits of ratifying Convention No. 102?

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States that ratify will benefit on a priority basis from ILO experience in the field of social protection and from technical assistance, including policy advice and actuarial studies, collection of data, drafting of legislation, etc. Ratification will guarantee a sustainable and well established system of social security, as well as the provision of regular and sustainable benefits. It will enhance the confidence of insured persons in the scheme and in the national social security administration in general. It prevents countries from slipping back, and it has a great impact on the coverage and reduction of poverty.

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