Statistical and actuarial social security workshop for senior Iraqi officials

The workshop objective is to strengthen the capacities of the Iraqi social security institution to perform the actuarial review of the Iraqi Social Security Scheme.

The ILO Regional Office for Arab States (ILO-ROAS), in collaboration with ILO-HQ, holds a tailor-made workshop for selected high-level Iraqi Social Security Officials from Iraq’s public and private social security institutions to strengthen their capacities on actuarial techniques, data required and methodologies assumed under actuarial valuations of a social security schemes.

The workshop, the first of its kind for Iraqi officials, also aims to support the officials in carrying out an actuarial valuation of the social security schemes for public and private sector workers, with the view to extend social security coverage and benefits, and to ensure the financial sustainability of the schemes.

International actuarial experts and senior ILO staff from ILO-ROAS and ILO-HQ are facilitating the workshop and training the Iraqi delegation, comprised of 15 high-level and senior officials from the Social Security Department, and from the Ministry of Finance (Actuaries and statisticians), on the ILO actuarial model and on carrying out an actuarial valuation.

The event aims to ensure the sustainability of the Iraqi social security system through a comprehensive actuarial valuation. The actuarial valuation will provide the basis for Iraqi stakeholders for informed social protection policy making. The workshop will equip the high-level Iraqi Social Security Officials with the necessary actuarial skills to assist the ILO in carrying out a comprehensive actuarial valuation and related policy recommendations.

The Iraqi officials attending the workshop has previously attended a meeting during which security principles, policies, and international standards were discussed, with the view to review the actuarial valuation of the social security schemes for public and private sector workers.