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14 June, 2023

FIAP President raises the importance of incorporating savings mechanisms into pension systems at the annual ILO conference

FIAP President raises the importance of incorporating
savings mechanisms into pension systems at the annual
ILO conference

 

During the 111th Annual Conference of the International Labour Organization (ILO), which is being held in Geneva from June 5 to 16, the president of the International Federation of Pension Fund Administrators (FIAP) raised the General Director of that entity, Gilbert F.
Houngbo, the relevance of incorporating savings mechanisms into pension systems.

At the time, the FIAP´s President highlighted this idea for reasons of sustainability of pension systems. “This approach had already been taken up by the International Organisation of Employers (OIE) in different instances in which we have participated”, he added.

It should be remembered that, at the meeting, delegates of workers, employers and governments from the 187 ILO Member States address a wide range of issues, such as just transition towards sustainable and inclusive economies and the protection of workers

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