Subject. This article discusses the further development of the Russian compulsory pension insurance scheme. Objectives. The article aims to develop methodological approaches to assessing the regional aspect of pension insurance and security, showing a high degree of differentiation in the system's development in Russian regions. Methods. For the study, I used a factor analysis integral method. Results. Identifying demographic, socio-economic and financial factors, the article shows a significant variation between the maximum and minimum values of indicators reflecting the state of the pension system in the Russian regions, and significant differences in economic potential in terms of raising the retirement age. Relevance. The proposed original algorithm for assessing the region's readiness to raise the retirement age can be used for any subject of the Russian Federation. Testing of this technique is of exceptional importance in the face of impending economic collapse in the regions due to the effects of the COVID-19 pandemic, which will increase the negative effect of raising the retirement age.
Keywords: retirement age, pension, life expectancy, employment, unemployment
References:
Kudrin A.L., Gurvich E.T. [Population aging and risks of budget crisis]. Voprosy Ekonomiki, 2012, no. 3, pp. 52–79. (In Russ.) URL: Link
Gurvich E.T., Ivanova M.A. [Economic effect of population ageing and pension reforms]. Nauchno-issledovatel'skii finansovyi institut. Finansovyi zhurnal = Financial Journal, 2018, no. 5, pp. 9–22. (In Russ.) URL: Link
Gorlin Yu.M., Grishina E.E., Lyashok V.Yu., Fedorov V.V. [Increase in retirement age: Experience of foreign countries and the assessment of the effects for Russia]. Nauchno-issledovatel'skii finansovyi institut. Finansovyi zhurnal = Financial Journal, 2017, no. 6, pp. 85–97. URL: Link (In Russ.)
Chistova E.V., Chichkanov V.P. [Forecasting the effects of raising the retirement age on Russia's demographic structure]. Ekonomicheskie i sotsial'nye peremeny: fakty, tendentsii, prognoz = Economic and Social Changes: Facts, Trends, Forecast, 2016, no. 3, pp. 121–137. (In Russ.) URL: Link
Trunkina L.V., Telyatnikova T.V. [Demographic processes and pension reform: the relationship and interdependence]. Ekonomika truda = Russian Journal of Labour Economics, 2019, vol. 6, no. 3, pp. 1193–1202. (In Russ.) URL: Link
Shirokalova G.S. [Pension reform as a factor in the destruction of the “big family”]. Logos et Рraxis, 2018, vol. 17, no. 2, pp. 111–122. (In Russ.) URL: Link
Peskova D.R., Kulikov M.V. [Pension reform in Russia in terms of macroeconomic transformations]. Fundamental'nye issledovaniya = Fundamental Research, 2019, no. 6, pp. 126–131. URL: Link (In Russ.)
Elfimova E.A., Buyanova A.V. [New pension reform: burden or panacea for parties of employment relations]. Mezhdunarodnyi nauchno-issledovatel'skii zhurnal = International Research Journal, 2019, no. 10, part 2, pp. 59–61. (In Russ.) URL: Link
Ilyin V.A., Morev M.V. [Pension reform and exacerbating issues of the legitimacy of the government]. Ekonomicheskie i sotsial'nye peremeny: fakty, tendentsii, prognoz = Economic and Social Changes: Facts, Trends, Forecast, 2018, vol. 11, no. 4, pp. 9–34. (In Russ.) URL: Link
Lyubinin A.B. [Pension reform: from "shadow" to "shadow"]. Rossiiskii ekonomicheskii zhurnal = Russian Economic Journal, 2018, no. 5, pp. 26–42. (In Russ.)
Bud'ko S.A. [Formal conditions for equation of the unfunded pension scheme]. Baikal Research Journal, 2016, vol. 7, no. 2. (In Russ.) URL: Link.5
Gushch V.V., Proshina E.M. [Pension reform: view from the regions]. Upravlencheskoe konsul'tirovanie = Administrative Consulting, 2018, no. 11, pp. 156–165. (In Russ.) URL: Link
Kuklin A.A., Shipitsyna S.E. [Actuarial evaluation of pension risks of Russia: from theory to practice]. Ekonomika regiona = Economy of Region, 2017, vol. 13, iss. 3, pp. 716–731. (In Russ.) URL: Link