Actuarial valuations of the National Pension Fund and the National Social Insurance Fund as at 31 December 2015

Executive Summary The conduct of the Actuarial valuation as at 31 December 2016 is primarily aimed at assisting the Board of the National Pensions and Social Insurance Fund (NPSIF) in ensuring the long-term financial sustainability of the Fund. The Actuarial valuation is mandated by statute and its report is a public document which serves to inform stakeholders of the current and projected financial status of the Fund. The project covers actuarial valuation services for the old-age, disability and death to be provided by the Actuarial Services Unit of SOCPRO (SOC/ASU) and employment injury benefits to be provided by the Actuarial Services of the Global Employment Injury Programme of the Enterprises Department (ENT/GEIP). The Public Finance, Actuarial and Statistics Unit (SOC/PFACTS) and the Social Policy Unit (SOC/POL) of SOCPRO will also support the project for final clearance on conclusions and policy recommendations.

Project symbol

SDN/16/02/SDN

Admin unit

SOCPRO

Start date

21/08/2017

End date

30/11/2021

Total allocation

101085

Total expenditure

Status

Closed

101085

Development Partners

Sudan, National Social Insurance Fund

Country/Countries

Sudan

Outcomes

Outcome 8: Comprehensive and sustainable social protection for all