Social Protection

Building social protection floors and comprehensive social security systems

E-LEARNING: Introduction to ILO/PENSIONS for actuarial modelling in social security

02 – 06 AUGUST 2021



Course agenda

User manual of ILO/PENSIONS



(Webinars también en español)


4 hours





Application deadline

28 July 2021



Actuarial work is critical for the design and good financial governance of social security systems. Good administration of social security schemes based on sound long-term financial and actuarial projections is crucial to ensuring its ongoing sustainability. The new ILO/PENSIONS online model offers social security institutions a contemporary solution to support actuarial work. ILO/PENSIONS incorporates state-of-the-art technology and the ILO’s field leadership in actuarial modelling for social security to create a user-friendly, highly intuitive and flexible tool for actuaries, adaptable to the characteristics and needs of most pension schemes. In line with the ISSA-ILO Guidelines for Actuarial Work on Social Security, and informed by decades of the ILO’s work on actuarial methodologies for social security systems, ILO/PENSIONS provides social security institutions a reliable, affordable and sophisticated tool for actuarial work.


This e-learning course aims to introduce the new ILO Actuarial Pension Model, ILO/PENSIONS, presenting its conceptual and methodological bases, as well as the main functionalities of the tool. The training will include the use of the online tool to carry out practical exercises of parametric pension reforms, such as changes in coverage, retirement age and calculation formula, among others.


This course is geared towards actuaries, planners, policymakers and practitioners who are working in social security institutions and interested in using the ILO/PENSIONS actuarial model. It is also catered towards employers’ and workers’ representatives members on social security boards who wish improve their knowledge on actuarial valuations. There is no academic prerequisite for enrol in this course.


The e-learning will focus on:

  • The main features and functional processes of the ILO/PENSIONS model.
  • The key advantages of adopting the model for social security institutions.
  • Practical examples of pension reforms and analysis cases using ILO/PENSIONS.
  • A practical set of exercises performed by participants in the online tool during the training.


The course combines live interactive sessions, engaging video presentations by experienced trainers and a flexible self-guided online learning component to give participants access to learning, anytime and from anywhere. Participants will also be provided with temporary access to the ILO/PENSIONS model to perform practical exercises on actuarial modelling. Tutorials will also be scheduled to clarify conceptual and technical issues, and to allow participants to discuss and share with peers and tutors.


Participants will be provided with a certificate.


Course contents are intended to be for users with working knowledge in English, though options are available for access to some contents in other languages. Webinars will be conducted in English and Spanish, and videos will have the option to auto-generate captions in other languages.