Increasing Importance of Savings Mechanisms for Forming Pensions in Modern Conditions

Ivan Borisenko

Journal paper

Russian Journal of Entrepreneurship *
№ 2-2 / February, 2010
* Этот журнал не выпускается в Первом экономическом издательстве

Citation:

Abstract:
A new phase of pension reform started earlier this year. It aims at creating in Russia a full savings system by using the incentives for increasing savings of the population and state co-funding of savings programs. It is not possible to fulfill the task without involvement of private pension funds in the structure, which is a requirement for maintaining the stability of the state distribution and savings pension system.

Keywords: pension fund, pensions, non-governmental pension funds, pensionsystem, savings system, savings mechanisms pension policy, single social tax

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