Actuarial aspects of pension reform in Uzbekistan

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Bakhodir R Shamsuddinov, Ouzbékistan
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Summary:
Application of actuarial valuation methods is very actual for the new pension system of Uzbekistan because of a high riskiness of its financial, microeconomic and demographic environments. This is caused by the fact that the pension system operation currently depends on the multiple factors, including labor market situation, economics and demography, which presumes a high coordination of complex range of the pension system elements, demographic and economic mechanisms. The application of these actuarial methods is dictated by required performance of medium- and long-term forecasts of the pension system design parameters ensuring financial stability in the pension system.
 
Date: 30 May - Time: 13:45 to 15:15 - Room: 252A
Theme: 9.A. Various topics