Call for External Collaborators - Consulting services of a pension policy expert - SOCPRO, ILO HQ

Description

The External Collaborator will assess pension adequacy using national/international standards; review well-functioning European 2nd pillar models; evaluate Cyprus's current 2nd pillar, its role, strengths, weaknesses, contributor profiles and adequacy gap versus best practice; propose coverage-extension options (auto-enrolment, incentives, eligibility criteria) to boost participation across sectors and wage levels; examine operational and tax efficiency, including market consolidation, cost containment, fee transparency and governance; recommend policy enhancements covering contribution levels, retirement age rules, default investment strategies, payout mechanisms and options (annuities, lump sums, fixed-term), withdrawal/leakage rules and individual choice; design pension communication tools such as tracking and dashboard services with clear institutional responsibilities; and assess implementation feasibility, including national savings capacity, labour cost impacts, and a gradual, risk-mitigating rollout pathway.