PROSPECTS OF THE PENSION MODEL IN MODERN RUSSIAN REALITIES

Author(s): Onuku L.O.

Rubric: Content, problems and trends in the development of public law

DOI: 10.21777/2587-9472-2023-1.1-18-25

Release: 2023-1.1 (37)

Pages: 18-25

Keywords: individual pension coefficient, pension model, guaranteed payment, insurance pension, funded pension, pension rights

Annotation: The relevance of the article is due to the lack of uniform ideas about the pension provision model corresponding to modern realities. Russia is facing the same problems in the pension sector as all economically developed countries. The completed demographic transition has led to a qualitative transformation of the age structure of the population, a significant increase in the number of elderly citizens combined with a decrease in the proportion of able-bodied citizens. The model of the pension system of our country, which has retained the features of the Soviet distribution system, requires a conceptual revision today. The author’s view on the resolution of theoretical problems is presented, conclusions are formulated about the vector of development of pension provision, the subject of the study is domestic and foreign scientific research devoted to the prospects of the pension provision model. The purpose of the study is related to the development of an up-to-date vision of the pension provision model. The conclusions stated concern the need to develop a new social contract of generations that can set the vector of development of the pension provision model for the future decades, ensuring the predictability of state social policy and, as a consequence, the prevention of social conflicts.

Bibliography: Onuku L.O. PROSPECTS OF THE PENSION MODEL IN MODERN RUSSIAN REALITIES // Journal of Legal Sciences. – 2023. – № 1.1 (37). – С. 18-25. doi: 10.21777/2587-9472-2023-1.1-18-25