Administration of non-state pension funds: domestic and foreign experience
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Дата
2020
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Анотація
Ensuring the well-being of people of retirement age is a necessary
prerequisite for the formation of Ukraine as a welfare state. Fulfillment of this task
along with ensuring the interests of the whole society is impossible without further
reform of the domestic pension system. Today in Ukraine the pension system is in
the process of transformation. The current pension system during the transition to a
market economy has failed to provide sufficient benefits to retirees using a one-tier
model of state pension insurance. This is evidenced by such factors as: increasing
demographic burden; the inability of the traditional solidarity system, based on the
principle of redistribution, to provide the necessary financial resources for the
payment of decent pensions; social injustice of the existing system; low
replacement rate, ie the ratio of pension to salary. Building a pension system that
meets the requirements of a market economy is one of the most important tasks to
be solved in the social sphere of the country.
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