PRIVATE AND PUBLIC PENSION SYSTEMS WORLWIDE: CASE OF RUSSIA

The article deals with the Russian pension system and make recommendations for its further development on the basis of international experience. The Russian pension system is in a state of transition. The reform of 2013-2015 is not completed, since in its current state pension system is still charac...

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Autor principal:	A. V. Pudovkin
Formato:	article
Lenguaje:	EN RU
Publicado:	MGIMO University Press 2016
Materias:	pension system pension reform pension wage replacement rate public pension system private pension system pension fund of russia International relations JZ2-6530
Acceso en línea:	https://doaj.org/article/0fd139a846ca49c69e1b8c7780ff4e34
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spelling	oai:doaj.org-article:0fd139a846ca49c69e1b8c7780ff4e342021-11-23T14:51:01ZPRIVATE AND PUBLIC PENSION SYSTEMS WORLWIDE: CASE OF RUSSIA2071-81602541-909910.24833/2071-8160-2016-3-48-258-264https://doaj.org/article/0fd139a846ca49c69e1b8c7780ff4e342016-06-01T00:00:00Zhttps://www.vestnik.mgimo.ru/jour/article/view/556https://doaj.org/toc/2071-8160https://doaj.org/toc/2541-9099The article deals with the Russian pension system and make recommendations for its further development on the basis of international experience. The Russian pension system is in a state of transition. The reform of 2013-2015 is not completed, since in its current state pension system is still characterized by very low replacement rate value at a very high level of government spending. Moratorium on pension accumulation introduced in the course of recent reforms calls into question the future of the mandatory funded pension system. Review of international pension systems formation suggests that the most successful of them are not limited solely to public system, and use a combination of distribution and accumulation units. When choosing between mandatory or voluntary options they are guided by the characteristics of the national economy. Studying the successes and mistakes of world practice of voluntary and mandatory funded pension systems is of great scientific and practical interest, since it can contribute to a more accurate choice of the future path of development of the national pension system.A. V. PudovkinMGIMO University Pressarticlepension systempension reformpensionwage replacement ratepublic pension systemprivate pension systempension fund of russiaInternational relationsJZ2-6530ENRUVestnik MGIMO-Universiteta, Vol 0, Iss 3(48), Pp 258-264 (2016)
institution	DOAJ
collection	DOAJ
language	EN RU
topic	pension system pension reform pension wage replacement rate public pension system private pension system pension fund of russia International relations JZ2-6530
spellingShingle	pension system pension reform pension wage replacement rate public pension system private pension system pension fund of russia International relations JZ2-6530 A. V. Pudovkin PRIVATE AND PUBLIC PENSION SYSTEMS WORLWIDE: CASE OF RUSSIA
description	The article deals with the Russian pension system and make recommendations for its further development on the basis of international experience. The Russian pension system is in a state of transition. The reform of 2013-2015 is not completed, since in its current state pension system is still characterized by very low replacement rate value at a very high level of government spending. Moratorium on pension accumulation introduced in the course of recent reforms calls into question the future of the mandatory funded pension system. Review of international pension systems formation suggests that the most successful of them are not limited solely to public system, and use a combination of distribution and accumulation units. When choosing between mandatory or voluntary options they are guided by the characteristics of the national economy. Studying the successes and mistakes of world practice of voluntary and mandatory funded pension systems is of great scientific and practical interest, since it can contribute to a more accurate choice of the future path of development of the national pension system.
format	article
author	A. V. Pudovkin
author_facet	A. V. Pudovkin
author_sort	A. V. Pudovkin
title	PRIVATE AND PUBLIC PENSION SYSTEMS WORLWIDE: CASE OF RUSSIA
title_short	PRIVATE AND PUBLIC PENSION SYSTEMS WORLWIDE: CASE OF RUSSIA
title_full	PRIVATE AND PUBLIC PENSION SYSTEMS WORLWIDE: CASE OF RUSSIA
title_fullStr	PRIVATE AND PUBLIC PENSION SYSTEMS WORLWIDE: CASE OF RUSSIA
title_full_unstemmed	PRIVATE AND PUBLIC PENSION SYSTEMS WORLWIDE: CASE OF RUSSIA
title_sort	private and public pension systems worlwide: case of russia
publisher	MGIMO University Press
publishDate	2016
url	https://doaj.org/article/0fd139a846ca49c69e1b8c7780ff4e34
work_keys_str_mv	AT avpudovkin privateandpublicpensionsystemsworlwidecaseofrussia
_version_	1718416256885850112

PRIVATE AND PUBLIC PENSION SYSTEMS WORLWIDE: CASE OF RUSSIA

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