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\ news Innovative strategies required for sustainable social security, predicts ISSA \أخبار وفعاليات \الصفحة الرئيسية
Innovative strategies required for sustainable social security, predicts ISSA
إيسا, 2012/03/21 | بيان صحفي

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Demographic changes, economic instability and social demands are placing pressures on the sustainability of pension schemes and social security funds, and will require innovative reforms and investment strategies, the International Social Security Association (ISSA) has stated, in advance of an international gathering of administrators and experts in Abu Dhabi which opens on 27 March.

The international seminar, which is expected to involve more than 200 senior managers, investment specialists, actuaries and pension experts from some 52 countries, will be addressed by the Vice-President of Argentina Mr Amado Boudou, who will present his country’s policy response to economic crisis, focusing on policies for social inclusion and the sustainability of social security schemes.

“Social security administrators and policy-makers are concerned with the sustainability of social security programmes, particularly in the areas of old-age, invalidity and health insurance,” ISSA Secretary General Hans-Horst Konkolewsky said, speaking before the event.

“These concerns have been amplified by the global financial and economic crisis, and coordinated political and administrative efforts, combined with innovative strategies and appropriate risk management, are now required to ensure long-term sustainability and to face future crises,” the Secretary General predicted.

A range of high-level keynote speakers and expert panellists at the event will review and analyse how social security institutions address the challenges of sustainability, including investment and risk management policies and practices as well as flexible retirement schemes.

Social security funds worldwide manage major investment portfolios, and the seminar programme will include a review of a new set of investment guidelines designed to set out sound common principles for the investment of social security funds. The programme will include an exchange of experience on the introduction of flexible approaches to retirement and asset and liability management of pension schemes.

The international seminar is supported by the General Pension and Social Security Authority of the United Arab Emirates and the Abu Dhabi Retirement Pensions and Benefits Fund. Case studies from the region and from other countries will be presented during the event.

 

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ISSA International Seminar Abu Dhabi 2012 >>


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