Rational. Surinam's current pension system is a combination of an under-funded public pension system, a largely unsupervised private system, and a non-targeted subsidy for citizens over 60 years old. As such, the system does not effectively meet the financial needs of retired persons, yet it still implies a large fiscal subsidy. The current government considers pension reform a priority, but it has not developed a reform strategy. The proposed program would develop a strategy to discuss with the new government. If pension reform remains a priority of this new government, the analysis could be used to develop a potential pension reform operation.
Project Detail
Country
Suriname
Project Number
SU-T1010
Approval Date
August 1, 2005
Project Status
Closed
Project Type
Technical Cooperation
Sector
SOCIAL INVESTMENT
Subsector
PENSIONS & SOCIAL SECURITY
Lending Instrument
-
Lending Instrument Code
-
Modality
-
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 222,000.00
Country Counterpart Financing
USD 22,000.00
Original Amount Approved
USD 200,000.00
Operation Number | Lending Type | Reporting Currency | Reporting Date | Signed Date | Fund | Financial Instrument |
---|---|---|---|---|---|---|
ATN/SF-9322-SU | Sovereign Guaranteed | USD - United States Dollar | Fund for Special Operations | Nonreimbursable |
- Lending Type: Sovereign Guaranteed
- Reporting Currency: USD - United States Dollar
- Reporting Date:
- Signed Date:
- Fund: Fund for Special Operations
- Financial Instrument: Nonreimbursable
Can’t find a document? Request information
https://www.iadb.org/document.cfm?id=EZSHARE-171363792-3521
Technical Cooperation Agreement
Design of Pension Reform Program [578833].DOC
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-171363792-3449
Technical Cooperation Agreement
Design of Pension Reform Program [578834].DOC
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-171363792-3476
Technical Cooperation Agreement
Design of Pension Reform Program [578835].DOC
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-1155331739-29
Plan of Operations
Design of Pension Reform Program [570623].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-1155331739-23
Technical Cooperation Profile
Pension Rform Desing Program [554688].PDF
Dec. 31, 1999
English
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