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Finance and Credit
 

Steps of the pension reform of the Russia

Vol. 16, Iss. 3, JANUARY 2010

Available online: 27 January 2010

Subject Heading: PENSION REFORM

JEL Classification: 

Borisenko N.Y. candidate of economic science, assistant professor of the financial department of the Finance Academy under the Government of the Russian Federation
n.borisenko@adm.gazprom.ru

The article is dedicated to the research of development of the pension system in the Russian Federation. In the article core steps of the pension reform are considered, the description of institutions of the pension provision, which are being introduced as from 1 January 2002, is given. The article contains detailed analysis of financial basis of the obligatory pension insurance. The special attention is given to the consideration of changes in creation and use of financial resources of the Pension fund of Russia, which will be introduced as from 1 January 2010; problems of the new model of the obligatory pension insurance implementation are revealed.

Keywords: obligatory pension insurance, pension reform, seniority pension, insurance contributions

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

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