IBRD LOAN: US$5 million
TERMS: Grace period = 5 years; Maturity = 17 years
PROJECT DESCRIPTION:The objective of the project is to improve the Public Sector Pension System (RPPS) management by upgrading registries and information technology, and supporting each government’s capacity to manage the new system. In addition to working with the executive branch, PARSEP II will include activities with the legislative and judicial branches of state government.
