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Armenian Actuaries Deepened Their Knowledges In Funded Pension Syste

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  • Armenian Actuaries Deepened Their Knowledges In Funded Pension Syste

    ARMENIAN ACTUARIES DEEPENED THEIR KNOWLEDGES IN FUNDED PENSION SYSTEM

    ARMENPRESS
    18 September, 2012
    YEREVAN

    YEREVAN, SEPTEMBER 18, ARMENPRESS: The Armenian actuaries deepen their
    knowledges in the field of funded pension system. 14 Armenian actuaries
    were granted certificates for participation in the actuary trainings,
    organized within the framework of the Pension and Labor Market Reform
    Program of the United States Agency for International Development
    (USAID).

    The program aims at presenting the Armenian specialists the
    most important actuary issues of the payment stage of the funded
    pension system, the newest methods of possible risks evaluation and
    calculation, as well as the rules of ethics and professional conduct.

    As Armenpress was informed by the President of the Actuarial Society
    of Armenia Astghik Ananyan, except for the theoretical part, practical
    approach as well was carried out within the program's framework. "The
    memorandum signed in the end of the courses will witness about our
    cooperation. I think, we should provide for the continuation of the
    training courses in the future", - said the President of the Actuarial
    Society of Armenia.

    According to the USAID Adviser on Pension and Labor Market Reform
    Program Susanna Karapetyan, the activities of actuaries are conditioned
    by a lot of uncertainties and risks emerged in the running stage of
    the funded pension. "Armenia lacks the necessary specialists in new
    pension system as the system is still in immature level", - said
    Susanna Karapetyan.

    The aim of the Pension and Labor Market Reform Program of the United
    States Agency for International Development is to assist the pension
    and labor market reforms process in Armenia.

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    From: Emil Lazarian | Ararat NewsPress
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