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Social security governance guidelines assist institutions “to do right”
МАСО, 29.11.10 | News
Governance toolkit
At the World Social Security Forum (WSSF) in Cape Town member organizations of the International Social Security Association (ISSA) have welcomed the launch of the Association’s “Good Governance Guidelines for Social Security Institutions: A Self-Assessment Toolkit”.

The Governance Toolkit  is an interactive online support directed at the evolving needs of the governing bodies and senior management of social security administrations, and is available to ISSA member organizations. Designed to be used and enhanced as a living document, in this first phase six administrative areas have been tackled covering actuarial and investment rules, the prevention of fraud and corruption, maintaining service standards, investments in ICT and HRD policy.

The release of the Toolkit  sends an important positive signal to all stakeholders and observers of public social security organizations.

Errol Stoové, CEO of the Dutch Social Insurance Bank, Sociale Verzekeringsbank , explained to WSSF delegates that good governance was about the exercise of authority and was characterized by five principles: accountability, transparency, predictability, participation and dynamism.

 

Building public trust

The timing of the Toolkit  launch was seen as opportune, coming in the wake of regulatory and risk management concerns highlighted by the financial crisis. The expectation is that improved governance will lead to higher performance which, in turn, will instil higher levels of public trust. Such trust should then permit greater transparency and participation, elements that are essential for future rounds of innovative improvement in administration and governance.

In a world where regulatory failures are common, the Toolkit  has an expressed aim of helping social security managers always “to do right”, Mr. Stoové concluded.


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