Social Security and Labour Policy Discussion Forum 2014 IAA, ILO, ISSA Geneva, Switzerland AGENDA Date: September 30, 2014 Location: ILO Office, Geneva—Room VII Organizers: IAA: ILO : ISSA: Rob Brown, Carla Melvin Anne Drouin Simon Brimblecombe Participants: IAA: Rob Brown, Chris Daykin, Junichi Sakamoto, Barbara D'Ambrogi-Ola, Brian Ridsdale, Dermot Grenham ILO: Anne Drouin, Wolfgang Scholz, Hiroshi Yamabana, Alejandro Bonilla (retired tbc) ; John Woodall (retired), Massimiliano Lamarca (tbc), Alexander Egorov, Kroum Markov (tbc), Christina Behrendt (tbc) ISSA: Simon Brimblecombe (morning) OECD: Anna D’Addio, Hervé Boulhol TOPIC Speaker / Facilitator ILO: Anne Drouin Forum introduction and welcome to participants, agenda ISSA: Simon Brimblecombe overview IAA: Rob Brown Latest developments in actuarial practice - Update on ISSA Guidelines, Adequacy Project & other ISSA: Simon Brimblecombe Technical Commission activities IAA: Junichi Sakamoto - 18th International Conference of Social Security Barbara D'AmbrogiActuaries and Statisticians (16–18 September 2015, Ola Budapest) - how can the IAA / ILO contribute? ILO: Anne Drouin - Need for information about where actuaries are involved - IAA - Practical implications of implementing ISAP2 adopted in October 2013 - IAA - ISSA Guidelines - World Social Protection Report 2014/15 – key trends - Inter-Agency Social Protection Assessment Tools ILO - (SPIAC-B) created at the request of the G20 - ILO Adequacy of pensions - Measures of adequacy, both at retirement and later IAA: Rob Brown - Intergenerational equity and interpreting actuarial (Chris Daykin, fairness Junichi Sakamoto) - Addressing diversity of career paths and varying health status at ‘normal retirement age’ OECD: Anna D’Addio - Impact of pension reforms on adequacy Hervé Boulhol - Measuring adequacy in a multi-pillar world - Work of ILO on adequacy of social security provisions: ILO: Alexander Egorov Assessment of national provisions in relation to Duration 09:0009:15 09:1510:15 10:1512:00 2 international and regional standards, measurement indicators and profiles. - Work of the Actuarial Association of Europe Actuarial capacity-building - Co-operation with other supranational bodies - Creating a social security qualification on top of the Certified Actuarial Analyst - Co-operation for review of 2006/1998 guidelines on conducting actuarial reviews - Partnerships for national social protection actuarial advisory services – new ILO FACTS IAA: 12:0013:00 IAA: Chris Daykin (Dermot Grenham, Rob Brown) 13:0014:00 14:0015:00 ILO: Hiroshi Yamabana Chris Daykin (Dermot Grenham) ILO: Anne Drouin LUNCH—ILO Cafeteria Decumulation of funded pensions (especially DC) - Challenges to be overcome to create a robust framework - Underwriting annuities to give sensitivity to health status - Innovative approaches to balancing management of the risk of longevity against the desire for flexibility - Potential read-across of these issues to social security, especially NDC - Drawing lessons from the global crisis following its effects on different pension approaches DC, NDC, DB Mortality - Lessons from ICA2014 and London Symposium - Update from Mortality Working Group - Areas of interest to other supranational organizations Future events and scope for cooperation - PBSS/IAA Life Colloquium (7–10 June 2015, Oslo) - PBSS/IACA/IAAHS/IPEBLA Joint Colloquium (27–30 June 2016, St John’s, Newfoundland) - Development of regular webcasts - Study on review of pensions reforms and effect of global crisis - Ouaga+10 – Series of meetings of Africa’s Heads of State to define Africa’s development strategy; social protection is one of 3 key priorities - Post-2015 Development Agenda to be adopted in NYC Sept 2015, incl. key objective on SP - Regional UN Development Group events: One-UN Teams on Social Protection Floors Discussion on scope for further cooperation IAA: Brian Ridsdale 15:0015:30 15:3016:00 IAA: Junichi Sakamoto ILO : Anne Drouin All participants 16:0016:30 Secrétariat: 601–150 Metcalfe, Ottawa, ON Canada K2P 1P1  1-613-236-0886  1-613-236-1386 #[email protected] / [email protected] — www.actuaries.org / www.actuaires.org