Excellence in administration

  • Guidelines:
  • Actuarial Work for Social Security

Excellence in administration

  • Guidelines:
  • Actuarial Work for Social Security

Actuarial Work for Social Security -
Guideline 46. Sustainability considerations

As a part of sound social security scheme governance, the social security institution continually monitors the sustainability of a social security scheme.

The notion of sustainability may encompass not only financial but social and political sustainability. Public trust and confidence in the design, implementation and operation of the scheme are a major factor contributing to the sustainability of the scheme.

This guideline provides guidance about the sustainability considerations that should be into account to ensure the good governance of a social security scheme. It should be read in conjunction with Guideline 1 of these Guidelines and Section B.4 of the ISSA Guidelines on Good Governance.