Monitoring and Evaluation of Public Employee Retirement System (PERS) (IADB-BR-T1357)

Countries
  • Brazil
Where the impacts of the investment may be experienced.
Financial Institutions
  • Inter-American Development Bank (IADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
C
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Government of Brazil
The holder of the loan, grant, or other investment.
Sectors
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.12 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ IADB website

Updated in EWS Feb 12, 2018


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Project Description

The objective of the technical cooperation is to contribute to a larger effort of building a system to monitor and evaluate the Public Employee Retirement System (PERS) in Brazil. The technical cooperation will contribute to the organization and construction of the data necessary to design and conduct pilot studies needed to develop the monitoring and evaluation system of Public Employee Retirement System (PERS) of Brazilian state and local governments (SLGs) based on administrative data produced by various entities of the federation. The technical cooperation contributes to the construction of a centralized system at the Secretary of Pensions that will provide actuarial evaluations for about 2100 PERS and compare the numbers with the actuarial evaluations sent by SLGs to the numbers produced by the federal government. This technical cooperation will provide the Secretary of Pensions with the tool it needs to ensure that it can effectively evaluate the actuarial situation of the pension funds and ensure the sustainability of the pension system that has more than 2100 funds. Importantly, this role of the Secretary of Pension regarding the sustainability of the system is fundamental as it affects directly the fiscal situation of states and municipalities. Furthermore, the technical cooperation will elaborate a detailed guideline for PERS with technical instructions for the elaboration of annual actuarial evaluations according to the requirements of the federal government.

Investment Description
  • Inter-American Development Bank (IADB)
Contact Information

ACCOUNTABILITY MECHANISM OF IADB

The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).