Aid Details

Bilateral Aid

Experience from Realisation of Pension Reform

General Information

Funding entity Slovak Aid
Recipient Country Moldova
Implementing Organization Ministerstvo práce, sociálnych vecí a rodiny SR
Implementing Organization Code Central Government
Geo Location Chişinău, MD
  Longitude 28.8575
  Latitude 47.00556
Start of Commitment 2018-03-27
End of Commitment 2018-06-07
Currency EUR
Status OECD approved

Description

The content and themes of the study visit were focused on the predefined needs of colleagues from Moldova and Georgia related to the pension system reforms, with emphasis on the creation of the 1st and 2nd pension pillars. The themes had been discussed during the Batumi Pension System Conference (10-11 May, 2017).

The study visit was realised for both countries in view of the common challenges and challenges that colleagues from Georgia and Moldova had explained during a meeting with representatives from the Slovak Republic in Batumi in 2017.

Discussed and agreed topics for experts from Georgia and Moldova:

1) Design of the pension system of Slovakia - how the overall reform was done - good experience, problem issues, what to watch out for and how to avoid mistakes
2) Information on the Slovak pension system (all pillars: 1st, 2nd and 3rd)
3) Structure of the pension scheme (II pillar)
4) Participants and contributors - and the criteria for their evaluation in I pillar (mandatory) and II pillar
5) Collecting and reviewing contributions and applied IT systems;
6) Regulatory institution and oversight, responsibilities, duties and rights
7) The administration of the pension system and the responsibilities of the various state bodies involved in the process
8) Formation of pension management systems and main challenges in this process
9) Institution (state body) responsible for enforceability of benefits, enforcement and enforcement mechanisms and mechanisms; the administration of the pension system and the responsibility of the different bodies involved in the process
10) Managing Retirement Income and Principles of Investment Policy
11) Allowed and banned investments in retirement income
12) Investment limits and the institution that defines them
13) Responsibilities and Rights of the Regulatory Body in the Process - Responsibilities, Obligations and Rights;
14) Safety of Retirement Income
15) Third pension pillar
16) How to strengthen cooperation between Slovak institutions and their partners from Georgia and Moldova, a long-term cooperation plan

Commitments and Amount Extended (EUR)

Reporting Year Commitments Amount Extended
2018 5 524 € 5 524 €
Total 5 524 € 5 524 €

Sectors share

Sector name Share
Employment creation 50.0 %
Public sector policy and administrative management 50.0 %

Statistics

Statistics show the proportion of the Experience from Realisation of Pension Reform project compared to the implementing subject and the type of flow

Comparison based on the region

Other filtered aid Amount extended
Experience from Realisation of Pension Reform 5 524 €
Other filtered aid 1 040 712 182 €
Project/Region Amount Extended Ratio