Investment of Social Security Funds
Investment of Social Security Funds
ISSA GUIDELINES, KNOWLEDGE-SHARING AND INNOVATION
19–23 May 2025
The course is available in English
This is one of seven courses run in partnership with the International Social Security Association (ISSA) held simultaneously at the Turin Centre. Join a network of social security practitioners in this highly specialized course.
Key features
INTEGRATED E-LEARNING
An innovative e-learning experience bringing high-quality tuition on the ISSA Guidelines directly to you.
CERTIFICATE OF ACHIEVEMENT
Successful participants will be awarded an ITCILO Certificate of Achievement.
PEER-TO-PEER ASSESSMENT
Critical insights from professionals of ISSA member organizations.
Introduction to the course
Reserve funds play an important role in the sustainability of social security systems, but their contribution depends on effective investment. This course draws on international best-practice guidelines to explore how to implement well-organized and effective investment processes that are responsive to economic, demographic, political and management pressures. Join a network of social security practitioners in this highly specialized course. This is one of the courses run in partnership with the International Social Security Association (ISSA) held simultaneously at the Turin Centre. Successful participants will obtain a Certificate of Achievement that is eligible for the Diploma for Social Protection Managers.
Who attends this course?
The course is designed for social security professionals of ISSA member organizations. Participants should hold positions directly related to the investment of social security funds. Course learning materials and tuition will be offered online in English. The following requirements are therefore essential for participation in this course: the ability to use and access a computer with internet connectivity; a working knowledge of written English.
What will I learn?
This course uses the updated ISSA Guidelines on Investment of Social Security Funds as a framework for assessing challenges and identifying innovations.
- Investment structures, principles and beliefs : principles of investing social security reserve funds, challenges, constraints and objectives
- Investment strategy: factors and constraints to consider; investment strategy process, constraints, definition and analyses of risk budget
- Investment processes: carrying out investment in practice; steps to develop an appropriate investment strategy; consideration of internal versus external management, passive versus active strategy
- Monitoring investment management: ensuring investment continues to meet objectives; evaluating performance; appropriate benchmarks; monitoring external investment managers
- Investment governance and investment performance : understanding the link, the various investment governance resources and tools available to investing institutions.
What will I be able to do?
- Understand core approaches to improve investment of reserve funds based on international best practice
- Identify roles and responsibilities in investment governance and management
- Utilise the ISSA Guidelines as a framework for planning and implementing effective investment processes
- Develop country-tailored innovations drawing on experience from other countries.
Why should I join?
- ISSA-accredited experts with decades of international experience in social security administration
- Join and interact with a global network of professionals from other ISSA member organizations to share learning and best practices
- Mix of training methods : lectures, plenary discussions, good practices, case studies, group work and individual exercises
- Successful participants receive an ITCILO Certificate of Achievement .
How is the course structured?
The course consists of 60 total hours of learning, broken up into three phases.
- Pre-course (10 hours): Self-guided study through the online eCampus platform. Includes a pre-course assessment.
- Residential week (45 hours): 5-day interactive sessions at the ITCILO in Turin, including developing an individual presentation.
- Post-course assignment (5 hours): Individual assignment applying ISSA Guidelines to the participant’s organization.
Learn more about the course from your tutor
Learn more about the course from former participants
Prove your skills with a Diploma
This course is part of a Diploma programme. To achieve the Diploma, successful candidates must complete four courses within a five-year period and undertake a capstone assessment.
