Good Practices in Social Security | International Social Security Association (ISSA)

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Actuarial valuations

Implementation year:

1997

Award Year:

2016

Pension Fund of the Russian Federation , Russian Federation , Europe

The valuation of the balance between the acquired pension entitlements and liabilities of the mandatory pension insurance system is conducted on the basis of the Pension Fund’s (PFR) actuarial model, developed and verified by a specialized department of the PFR - the Department for Actuarial Valuations and Strategic Planning. This model is a unique product and enabler to accumulate every specific option of pension entitlement valuation under the national pension legislation.

Topic:

Actuarial