Share

About IOPS

Formed in July 2004, the IOPS was instigated by the Organisation for Economic Co-operation and Development (OECD) and the International Network of Pension Regulators and Supervisors (INPRS).

The major goal of the IOPS is to improve the quality and effectiveness of the supervision of private pension systems throughout the world, thereby enhancing their development and operational efficiency, and allowing for the provision of a secure source of retirement income in as many countries as possible.

IOPS currently has 87 Members and Observers representing supervisory bodies from 77 jurisdictions and territories worldwide, covering all levels of economic development and bringing together all types of pension or supervisory systems. The organisation cooperates closely with other international organisations involved in pension supervision policy development and dialogue, including the OECD, the World Bank, ISSA, IAIS and IMF.

Our Main Objectives

IOPS aims to set international standards on pension supervisory issues, whilst taking into account the variety of different pension systems in various countries. The aim is to place IOPS firmly on the map as the leading Organisation in the field of private pension supervision. In addition to project-based work, IOPS provides assistance to pension supervisors, including on risk-based supervision, and those still planning the introduction of effective pension supervisory strategies in emerging markets. Our main objectives can be summarized as:

  • to serve as a standard-setting body on pension supervisory matters and regulatory issues,  related to pension supervision
  • to promote international co-operation on pension supervision and encourage international contact among pension supervisors and other relevant parties
  • to provide a worldwide forum for policy dialogue on pension supervision and exchange of information between members of IOPS
  • to participate in the work of relevant international bodies related to development and promotion of the implementation of international principles, standards, and good practices in pension regulation
  • to assist countries with less developed private pension arrangements through policy dialogue, appropriate technical support and relevant research, in close co-operation with relevant international bodies and other technical assistance programmes.

Organisation Structure

The IOPS operates by an Executive Committee and a Technical Committee assisted by a Secretariat. Participation in the Technical Committee meetings is open to all IOPS Members.

 

The Executive Committee consists of a minimum of 5 and a maximum of 12 members, elected by the Governing Members, representing at least 3 continents, to serve a 2 year term. It has all the powers necessary to achieve the objectives and purposes of the Organisation, including the appointing of Chairpersons and Vice-Chairpersons, the consideration of membership applications and the setting of membership fees, the oversight of the Secretariat and the establishing of agenda for the Annual General Meeting and Conferences. The Committee prepares the biannual Programme of Work, the Annual Budget and the Annual Report of the Organisation, and is the main liaison body with other international organisations.

 

The Technical Committee participates in and conducts the development of principles, standards and good practices on pension supervisory issues and on regulatory issues related to pension supervision. It also oversees the extensive body of research that the IOPS members and Secretariat undertakes. The Technical Committee develops the Programme of Work which is then submitted to the Executive Committee, It also serves as a forum to discuss, develop and analyse matters related to pension supervision that are of interest to the membership.

 

The IOPS Secretariat is hosted by the Organisation for Economic Cooperation and Development (OECD), according to the IOPS/OECD partnership agreement.

 

More about our organisational structure and contacts

Our Meetings

IOPS holds a variety of events yearly, including Committee meetings, regional seminars and training workshops. Executive Committee meetings and Technical Committee meetings are usually held three times a year. The IOPS Annual General Meeting is held once a year. The full governing membership of the IOPS is invited to attend the AGM in order to formally approve standards, working papers and administrative issues.

IOPS Meetings and Events

IOPS Principles and Guidelines

The IOPS Principles of Private Pension Supervision focus on protecting the interests of pension fund members and beneficiaries, by promoting the stability, security and good governance of pension funds. A methodology for authorities to undertake self-assessment against the Principles has also been developed. [more]

 IOPS Principles of Private Pension Supervision (EN) / (FR)

 Methodology for IOPS Principles of Private Pension Supervision (EN) / (FR)

 IOPS Good Practices and Guidelines

Programme of Work

The Programme of Work for 2019-2020 was approved by the Governing Membership at the Annual General Meeting held in Beijing, China in October 2018. In addition to on-going projects currently undertaken by the Technical Committee, new projects are being developed in 2019-20 under the priority themes of risk-based supervision, digitalisation and supervision of pension investments.

Download the IOPS Programmes of Work (pdf)

 2019-2020
 2017-2018
 2015-2016
 2013-2014
 2012-2013
‌ 2011-2012
 2010-2011
 2009-2010

© 2019 International Organisation of Pension Supervisors  Contact Us