Home  Journals  Finance and Credit  32(608) - 2014 August

A form of pension system could have an impact on its functioning

Available online: 22 August 2014

Subject Heading: Pension system

JEL Classification: 

Pages: 49-55

The article considers potential cash inflows to pension funds. It notes that the principal asset generating cash flows, which then get accumulated in the pension fund, is labor power or human capital asset. The author emphasizes that the pension fund must perform the function of direct connection of payers to the fund and recipients of money from the fund, i.e. pensioners.

Keywords: pension cycle, period, financial defined contributions, cumulative scheme, labor, human capital, interest, payment, deduction, allocation, territorial structure

References:

1. RF Federal Law “On Insurance premium to the Pension fund of the Russian Federation, the Social Insurance Fund of the Russian Federation, the Federal Compulsory Medical Insurance Fund, and Territorial Compulsory Medical Insurance Funds” of July 24, 2009 № 212-FZ. (In Russ.)
2. Podchernina A. Kak zhivetsya pensioneram v Kitae? [How do pensioners in China live?]. Available at: Link. (In Russ.)

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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