Pension Reform in Comoros: Union of the Comoros

Selected Issues Papers, March 4, 2026

Source details

This paper assesses the financial outlook of the pension system in Comoros based on recent actuarial analyses and examines reform options.
It documents structural imbalances arising from system design features, limited contributor coverage, and demographic dynamics, which are projected to generate increasing financing pressures over time.
The analysis identifies the key drivers of projected deficits and evaluates policy measures to restore financial sustainability, including parametric adjustments and institutional strengthening.
Presented as one of the first comprehensive actuarial-based assessments of pension reform in a fragile state context, the paper provides an analytical framework to support reform sequencing while safeguarding social protection objectives and improving system efficiency.

Structural imbalances in the pension system are linked to:
- system design features,
- limited contributor coverage,
- demographic dynamics.
These factors are projected to generate increasing financing pressures over time.
The analysis identifies the key drivers of projected deficits (drivers are documented in the paper based on actuarial analyses).

Policy measures evaluated to restore financial sustainability include:
- parametric adjustments,
- institutional strengthening.
The paper evaluates these measures in the context of sequencing reforms while safeguarding social protection objectives and improving system efficiency.

Provides an actuarial-based assessment tailored to a fragile state context (Comoros).
Offers an analytical framework to support reform sequencing and policy prioritization in the pension sector.

Pension Reform in Comoros
- Pension Reform in Comoros (Markdown version)
- Pension Reform in Comoros (PDF)