IAA Participates in Joint Discussion Forum with ILO, ISSA and OECD in Geneva

A four-person IAA delegation participated in a joint discussion forum on social security, pensions, and labor policy issues with the International Labour Organization (ILO), the International Social Security Association (ISSA) and the Organization for Economic Cooperation and Development (OECD) on September 18, 2013 at the ILO headquarters in Geneva. Fourteen participants from the four organizations engaged in a full day of discussions that included the following topics:

• Monitoring benefit adequacy of social security provisions as part of the sustainability debate (intergenerational sustainability)
• Groupe Consultatif initiatives with the Ageing Working Party on projections of the cost of public pensions made for EU countries
• Actuarial Guidelines/Standards (including ISSA guidelines on investment)
• International mortality developments
• How to address low employment rates at either end of the working career
• Working longer through comprehensive labour policies
• Social security education and training for developing countries including update on the proposed Certified Actuarial Analyst qualification
• Discussion on scope for further cooperation

This forum is part of an ongoing collaboration and discussion between these organizations that has taken place over the past few years. It supports the IAA’s Strategic Objective to strengthen relationships with key supranational audiences and provide actuarial input to improve the soundness of decisions being made on issues with global impact. The forum also provided an opportunity to identify areas for future collaboration between the IAA and the participating organizations.

To learn more about the work of the IAA in this area, please contact the IAA Secretariat, care of the Chairperson of the Supranational Relations Committee.