Russian Pension Fund Board Chairman Anton Drozdov was presented with the honorary certificate “Innovations in the Development of National Pension Systems” for implementing advanced actuarial practices in the Russian pension system.
The award ceremony for outstanding social security achievements took place on the sidelines of the World Pension Summit in late October.
The Pension Fund is carrying out actuarial activity in strict compliance with the guidelines from the International Actuarial Association, the International Labor Organization, and the International Social Security Association. The PFR was the first to implement the ISSA-ILO Actuarial Guidelines in the budgetary planning and strategic forecast process in order to maintain stability of the Russian pension system.
