The African Pensions Supervirosy Association (APSA) is a regional organization established to address and promote the interests and development of pension systems across the African continent. Its primary mandate is to enhance the effectiveness, sustainability, and inclusiveness of pension schemes in African countries. The APSA operates as a platform for collaboration, knowledge exchange, and advocacy among pension stakeholders, including government bodies, pension funds, employers, employees, and other relevant parties.
The APSA’s key objectives include:
Advocacy and Policy Development: The APSA works to influence and shape pension-related policies at national and regional levels. By engaging with policymakers and relevant authorities, the association aims to create a conducive environment for the growth and improvement of pension systems.
Capacity Building and Knowledge Sharing: Through workshops, conferences, and training programs, the APA seeks to enhance the knowledge and skills of pension administrators, policymakers, and other stakeholders. By sharing best practices and relevant research, the association aims to strengthen pension management and governance.
Research and Data Collection: The APSA conducts research and gathers data on various aspects of pension systems in Africa. This information helps identify challenges and opportunities within different pension schemes, enabling evidence-based decision-making and the development of tailored solutions.
Collaboration and Networking: As a platform for collaboration, the APSA encourages networking among pension institutions, enabling them to learn from each other’s experiences and share innovative approaches to pension administration.
Inclusiveness and Social Protection: The APSA emphasizes the importance of inclusive pension systems that consider the needs of various population segments, including informal workers and vulnerable groups. It advocates for the expansion of social protection measures to ensure a dignified retirement for all.
Technical Assistance and Support: The APSA provides technical assistance and support to countries aiming to develop or reform their pension systems. This assistance may involve policy guidance, capacity building, and sharing experiences from successful pension reforms in other African nations.
Programmes under APSA
The Association will run regional and member specific initiatives. The initiatives are as follows:
Research, knowledge management and capacity building
Policy and regulatory support
Institutional support for pension regulators
Incorporation of sustainable finance initiatives