The course gives students practical knowledge of social security systems and how they are designed and managed.
The course is being run jointly by Wits, through the Old Mutual Chair of Social Security Systems Administration and Management Studies, and the International Labour Organisation (ILO). The course will include sessions provided by content experts from the ILO as well as Wits.
The initial three modules prepare participants for a detailed examination of the South African context (in the final and fourth module) and a practical evaluation of the role of social security interventions and on the institutional and management implications of social security reform.
With respect to pensions, the course will clarify the role in achieving social security objectives played by non-contributory and contributory systems, including regulated private pension schemes. Course content will address different dimensions involved in analysing social security systems including financing, benefit designs, institutional frameworks and governance (general and financial; supervision and regulation of pension systems, and elements of organization and administration).
This course consists of two one-week modules, separated by one week to allow participants the notional learning time.
This course will provide participants with the tools to interpret domestic social security reform with a special emphasis on the provision of pensions. It will initially present the core values and principles that have become associated with social security systems and then cover practical experience globally taking account of regional tendencies. From this it will move on to framing generalizable constructs of specific relevance to South Africa and to other contexts.Taking this into account the course will then evaluate the South African context in detail.
This would introduce students to the values, principles and programmes associated with social security systems globally. This would cover the evolution of social security systems including issues such as political economy, financing, institutional frameworks and policy development.
This module looks at a range of country developments in pension systems within a global context drawing on the foundations raised in module 1. The countries selected will seek to highlight trends within a range of regional settings and focus on issues of relevance to the South African context. The components of reform addressed will include institutional approaches, governance (including financial governance), public finance principles and financing, approaches to investments, coverage and the quality of coverage (particularly in relation to vulnerable groups and those easily excluded). Areas covered include:
Participants will gain in-depth exposure to alternative financial and institutional constructs drawing on the comparative reviews derived from module 2. A key outcome of this module for participants is an understanding of generalizable principles associated with the design of institutional and financial approaches to social security and pension systems including a comprehensive focus on governance and accountability aspects and their role in ensuring sustainable and accessible pensions systems relevant to both public and private agents and actors. Areas covered include:
This capstone module addresses the South African context and domestic debates, options and potential reform trajectories taking into account insights drawn from earlier modules. It will include: a full review of the existing South African pension system within the context of social security; and an evaluation of shortcomings and potential options going forward. Areas covered include:
The Course is provided over two weeks from 23 July to 4 August 2012
Participation fees amount to 18.000 Rand, payable in advance to WITS Graduate School of Public and Development Management.
For further information please email Edith Lefine: Edith.Lefine@wits.ac.za or phone her on +27 11 717 3611