Grishchenko N.B. Novosibirsk State University of Economics and Management, Novosibirsk, Russian Federation email@example.com
Maratkanova I.V. Polzunov Altai State Technical University (AltSTU), Barnaul, Altai Krai, Russian Federation firstname.lastname@example.org
Subject The article deals with the issues of assessment of the actual possibilities of individual pension savings of the region's population considering the Siberian Federal District as a case study. Objectives The article aims to assess the current capacity of the population to generate savings, as well as regional disparities in monetary income, availability and accessibility of financial institutions and the proposed financial and pension services to form individual pension capital. Methods For the study, we used comparison and analysis techniques, and statistical methods of economic data processing. The necessary information was obtained from the various sociological and economic studies and surveys, Federal State Statistics Service, Bank of Russia, and the Pension Fund of the Russian Federation. Results The modern stage of pension reform aims to find a cumulative model in compulsory pension insurance. The present demographic and economic causes contribute to the return of the population to pension savings. The modification of the national pension accounts for individual savings accounts determines the need to assess and monitor the individual capabilities of the population and the regional differences that exist. Conclusions The article concludes that it is appropriate to maintain the prevailing State Pay-as-you-go scheme for pension insurance, with the possibility of voluntary retirement savings and tax incentives.
Keywords: pension insurance, reforms, private savings, Siberian Federal District
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