INVESTMENT OF SOCIAL SECURITY FUNDS. ISSA GUIDELINES, KNOWLEDGE-SHARING AND INNOVATION

The course used the ISSA Guidelines on Investment of Social Security Funds as a framework for assessing challenges and identifying innovations. The course emphasized on (1) principles and structures, (2) strategy and (3) processes. OBJECTIVES The training objectives of the course were to: • Equip participants with a broad knowledge of the key issues relating to the investment of social security reserve funds as detailed in the ISSA Guidelines on Investment of Social Security Funds; • Develop a firm understanding of the main roles and responsibilities in investment governance and management; • Build capacity in ISSA member organizations to improve social security administration through the application of the Guidelines on Investment of Social Security Funds. This includes adding to the understanding of the appropriate governance structures and mechanisms to support the investment process in their own organizations, the key factors and constraints in developing and delivering an investment strategy, and the tools to assess and monitor the management and performance of the internal investment function; • Support participants’ reflection on the application of the ISSA Investment Guidelines in their own organizations; • Facilitate the formation of a network of practitioners with an understanding of the Guidelines on Investment of Social Security Funds. CONTENT • Core Area 1: Investment Governance Principles • Core Area 2: Investment Governance Structures • Core Area 3: Common Processes • Core Area 4: Processes Specific to Internal and External Investment Management ACHIEVEMENT The course consisted of a number of modules offered online through the eCampus and face-to-face at the ITCILO over a period of five weeks, assessed through the following activities: • Quizzes • Interactive activities • Individual presentation • Final assignment NUMBER OF HOURS: The Investment of Social Security Funds. ISSA Guidelines, Knowledge-sharing and Innovation course consisted of 60 hours of learning.