Pensions System Administration Investment Project (Montenegro)

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The Montenegro Pensions System Administration Investment Project aims to improve the financial sustainability, effectiveness, and efficiency of the pension system through financing three components (beside project management): 1. Developing a unified contribution collection and reporting system and establishing central registries that are based on modem information technology and processes. 2. Modernization and restructuring, as needed, of the organization, processes, and technology in the key institutions of the Pension system. 3. Developing capacity for better policy analysis and evaluation of the pension system and improving readiness for future pension reforms, including a public education campaign.