Risk management is the process of identifying, analysing, accepting, mitigating or transferring uncertainty in investment decisions. Fund managers apply risk management by analysing and attempting to quantify the potential loss of an investment and then acting accordingly.

Institutions are being transformed thanks to the integration of new technologies. This vision represents a corporate change with a social impact, reducing costs, simplifying processes and procedures, and raising awareness of the importance and benefits of this transformation.

Article 12 of Law No. 5508 on the Promotion, Protection of Maternity and Support for Breastfeeding establishes that maternity allowance should be paid to employed women by the social security scheme of Paraguay’s Social Insurance Institute (Instituto de Previsión Social – IPS). This amount is equivalent to 100 per cent of her salary at the time of delivery, and is paid for the prescribed months of rest. This used to be given to women in a single payment.

The issue of population growth and social security planning is one of the biggest challenges facing governments today, and is a key part of a good social security system that instils confidence in its members.

The Retirement and Pension Fund for Employees of Banks and Related Institutions (Caja de Jubilaciones y Pensiones de Empleados de Bancos y Afines) (Bank Fund, hereinafter) is in constant communication with its members. It therefore continuously updates its databases, in order to have a better understanding of members’ current realities, experiences and needs.

Digital transformation is happening in institutions through the integration of new technologies. This vision represents an institutional and social change, optimizing available resources, reducing costs, shortening processes and procedures, and raising awareness of the importance and benefits of this transformation.

Good practice in health – service quality.

As health-care systems have evolved to become more complex and due to the resultant increase in patients coming to harm in health care settings, patient safety has emerged as a health-care discipline.

The Actuarial Advisory Office (Asesoría Actuarial) of the Social Insurance Institute (Instituto de Previsión Social – IPS) carried out an actuarial valuation of the Common Retirement and Pension Fund (Fondo Común de Jubilaciones y Pensiones). The valuation looks to comply with international best practices and observe the guidelines and standards of the International Standards of Actuarial Practice 2 (ISAP 2), and the ISSA-ILO Guidelines on Actuarial Work for Social Security, with technical support from the International Labour Organization (ILO).

Like most of the world’s countries, Paraguay has adopted lockdown measures to prevent the spread of COVID-19. These steps taken by the government have impacted the productive sector, leading to mass suspensions of employment contracts for persons insured with the Social Insurance Institute (Instituto de Previsión Social – IPS) of Paraguay.

Initially, in the absence of any technological application that could support the collection, distribution and payment system of the Dominican Republic’s social security system (sistema dominicano de seguridad social – SDSS), the Social Security Treasury (Tesoreria de Seguridad Social – TSS) created an in-house solution, the Single Information and Collection System (Sistema Único de Información y Recaudo – SUIR).

The transparency and accessibility of public information held by the Dominican Republic’s Social Security Treasury (Tesorería de la Seguridad Social – TSS) is an important factor. Through the implementation of Business Intelligence (BI) tools to analyse and visualize open data, we have made it possible for citizens that use our services to consult the information in a practical and simple way, wherever they are.

This strategic institutional initiative framework for the Superintendence of Pensions (Superintendencia de Pensiones ‒ SIPEN) of the Dominican Republic, seeks to provide timely and accurate information to various segments of society about how the Dominican Pensions System (Sistema Dominicano de Pensiones ‒ SDP) works; to educate and raise awareness about the rights and duties of members and beneficiaries; to promote the inclusion of pension-related issues in the National Educational System and create a web portal and a Pension Education School, from which different strateg

The Dominican Republic’s Social Security Treasury (Tesorería de la Seguridad Social – TSS) has implemented a quality management system (QMS) based on the ISO 9001 international standard, which is a management tool based on the Deming Cycle and continuous improvement (plan-do-check-act). This helps in process planning, taking into account each of the inputs, outputs and needs. It also helps to standardize the execution of the activities involved, check whether what we are doing is in line with what was planned and implement the necessary improvements in a timely manner.