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ИД «Финансы и кредит»






Finance and Credit

Assessing the financial inclusion of non-State pension services for Russian citizens

Vol. 28, Iss. 8, AUGUST 2022

Received: 12 May 2022

Received in revised form: 30 June 2022

Accepted: 14 July 2022

Available online: 30 August 2022

Subject Heading: Insurance

JEL Classification: G22, G23

Pages: 1733–1755


Ol'ga N. KOZLOVA Kemerovo State University (KemSU), Kemerovo, Russian Federation


Daniil O. CHERNEI Kemerovo State University (KemSU), Kemerovo, Russian Federation

ORCID id: not available

Subject. This article discusses the issues of assessing the availability of pension insurance services.
Objectives. The article aims to assess the availability of voluntary pension insurance and non-State pension services for Russian citizens, as well as the potential for public participation in the formation of people's own pension capital.
Methods. For the study, we used analytical and statistical methods, and the methods of comparison, and logical and semantic analysis and synthesis. Statistical data of the Pension Fund of the Russian Federation, Bank of Russia, Federal State Statistics Service (Rosstat), as well as the results of sociological research form the information basis of the study.
Results. The article defines the concept of financial inclusion, assesses the current state of the infrastructure to provide financial services for voluntary pension insurance and non-State pension support, and analyzes the impact of socio-economic factors on the availability of pension services for the general public.
Relevance. The results of the study can be useful to government agencies when developing policies in the field of pension provision and insurance, as well as insurance organizations, non-State pension funds in order to develop and promote elective forms of pensioning.

Keywords: elective pension savings, financial availability, insurance


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Vol. 28, Iss. 8
August 2022