Pension reform: main indicators of Russian pension system development

At any stage of economic development, one of the main tasks for each state is to ensure the availability and sustainability of social security systems. A special place in the implementation of social policy is occupied by pension provision, which reflects the level of economic development and at the same time has an impact on the macroeconomic situation in the country. In Russia, the repeated reform of the pension system is aimed at achieving the main objectives of pension provision: financial security of the pension system in the long term and an acceptable level of pension provision. The article analyzes the dynamics of the main indicators of pension provision and considers the factors that influenced the current dynamics. The conducted analysis showed, on the one hand, a positive trend in some parameters of budget balance in terms of pension insurance provision; on the other hand, it reflected the problem of ensuring an acceptable standard of living for people of retirement age. The research materials can be used to study the problems and level of social security in Russia.

pension system balance, insurance pensions, pension provision level, pension recipients, pensioner's living wage