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The Issue of Reform of Early Pensions for Health and Education Workers

Author

Listed:
  • Yuri Ì. Gorlin

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA), Moscow 119571, Russia)

  • Elena E. Grishina

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA), Moscow 119571, Russia)

  • Victor Y. Lyashok

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA), Moscow 119571, Russia)

  • Vladimir S. Nazarov

    (Financial Research Institute, Moscow 127006, Russia)

Abstract

The article analyzes the possible socio-economic impact of the reform of the early retirement system for health and education workers. The effects of the gradual increase of the requirements for the insurance period for early retirement pension and the abolition of early retirement pension for entry-level workers are investigated on the basis of the sociological surveys results and focus groups of education and health workers. The actuarial valuation of the economic effects of the reform implementation is carried out in this article. The authors also give recommendations on reform of the early retirement system for health and education workers.

Suggested Citation

  • Yuri Ì. Gorlin & Elena E. Grishina & Victor Y. Lyashok & Vladimir S. Nazarov, 2016. "The Issue of Reform of Early Pensions for Health and Education Workers," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 5, pages 16-24, October.
    • Handle: RePEc:fru:finjrn:160502:p:16-24
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    More about this item

    Keywords

    early pensions; mandatory pension insurance; education workers; health workers; long-term pension system balance;
    All these keywords.

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions

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