Home  Journals  Finance and Credit  48(576) - 2013 December

Forecast of indicators of short-term and long-term development of non-state pension funds

Available online: 30 December 2013

Subject Heading: Pension system

JEL Classification: 

The forecast of the main articles of liabilities of non-state pension funds is presented in the article: pension accumulation, pension reserves, own property. The forecast is based on the current tendencies of receipt of funds on mandatory pension insurance and non-state pension provision in the non-state pension funds (NPF). It is established that NPF balance sheet total in the next decades will intensively grow (in gross domestic product shares) and can reach 10% of gross domestic product, and at the favorable scenario - 30% of gross domestic product by 2050. Thus mandatory pension insurance practically forces out non-state pension provision. However in short-term prospect of NPF can expect the serious problems connected with rapid growth.

Keywords: pension system, non-state pension funds, forecasting, demographic structure, sufficiency of own means, financial risks

View all articles of issue

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

Journal current issue

Vol. 30, Iss. 4 April 2024

Archive