Pension Plans

Our main goal is to provide relevant information about your retirement plan.

The provisions of the pension plans are overseen by the Pension Committee, which is chaired by the President of the IDB GRoup and includes executive directors, senior management and elected representatives of active staff and retired participants.

International Pension Plan

The Staff Retirement Plan (SRP) is a qualified pension plan under the U.S. Internal Revenue Service’s code Section 401(a).

National Pension Plan

The Local Retirement Plan (LRP) of the IDB is a defined benefit pension plan, which establishes a defined formula to determine each participant’s benefit based on service, compensation, and a benefit accrual factor.

Reforms to the Bank's Retirement Plans: Resolution DE-180/14

The Reforms are classified as (i) changes to Plans’ Governance, and (ii) parametric and technical changes to Pension Plans, with the later primarily impacting new staff hired on or after January 1, 2015. 

Retiree Self-Services

Welcome to Retiree Self-Services! It is the online tool to help retirees, including surviving beneficiaries, securely use IDB Group (IDBG) services anytime, from anyplace with internet access.

What can be found in the Retiree Self-Services?

Retirees can view their most recent payslips on the first day of each month. They can also view their previous payslips anytime!

Pension Verification Letter
Retirees can download and print an official certification of pension in seconds. They no longer have to wait to have it mailed to them!

Personal Data and Beneficiaries Information
Retirees can manage their personal data and beneficiary information in real time.

And much more…Explore it!

How to get started:
Important: In order to setup the Retiree Self-Services account the retirees must have an email address registered in the Bank’s pension system. If you are an IDB Group Retiree and don’t yet have an email address registered, please contact the Executive Secretariat of the Staff Retirement Plans.

  1. Make sure that you comply with this checklist: Select your preferred option PC/Windows users | Apple computer users
  2. Activate your Account (one-time registration process) and access the system for the first time. Follow the step by step user-guide: PC/Windows users | Apple computer users.

How to use the Retiree Self-Services
The retirees have video tutorials and user guides available to learn, step-by-step, how to use the Retiree Self-Services an all its features. To facilitate the learning process, we have prepared different material for PC/Windows user and Apple computer user. Select your preferred option.

Need help? 
EMAIL vpf/ | PHONE 202-623-3560 (Monday to Friday, 8:30 am – 5:30 pm DC time)

Cost of Living Adjustment

The Pension Plans provide for annual cost of living adjustments (COLA) for pensions received by retirees and beneficiaries. The COLA is made effective on January 1 of each year and will be reflected on all pensions.

International Retirees

Pensions for international retirees are adjusted based upon the change in the Consumer Price Index for All Urban Consumers, U.S. City Average, and all items (CPI-U), as published by the U.S. Department of Labor, Bureau of Labor Statistics.

The November 2014 CPI-U was 236.151, representing a 1.322% increase over the same index for November in 2013 of 233.069 (index change november through november are applied) The corresponding 1.322% cost-of-living adjustment (COLA) is effective January 1, 2015.

National Retirees

Pensions for national retirees are adjusted to reflect the percentage of increase of the Consumer Price Index (CPI) for each country in a period of twelve months ending in November of the previous year, based on the International Financial Statistics (IFS) published by the International Monetary Fund (IMF).

The COLA index for local retirees for 2015 is not yet available.

Your Pension team

Andrea I. Mason

Pension Specialist

EXT: 2332







Maria Macarena Pardo Berbel

Pension Specialist

EXT: 1376







Francisco J. Reyes

Telephone:+1 (202) 623-1600