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Pension Systems in the Context of Insurance Principles

Author

Listed:
  • Solovyev, A.

    (Pension Fund of Russian Federation, Department of Actuarial and Strategic Planning of the Pension Fund, Moscow, Russia)

Abstract

In the course of investigations of problems of long-term development of Russian pension system its influence problems on macroeconomics of the state and enterprise microeconomics, and also necessity of its adaptation to negative demographic processes were put forward. Problems of pension reform in the context of universal practice of creation and functioning on the basis of insurance principles of pension systems are considered in the article.

Suggested Citation

  • Solovyev, A., 2012. "Pension Systems in the Context of Insurance Principles," Journal of the New Economic Association, New Economic Association, vol. 15(3), pages 141-166.
    • Handle: RePEc:nea:journl:y:2012:i:15:p:141-166
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    File URL: http://www.econorus.org/repec/journl/2012-15-141-166r.pdf
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    Citations

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    Cited by:

    1. Dormidontova, Y. & Lyashok, V. & Nazarov, V., 2015. "Impact of the Changes in the Pension Formula on Workers' Decision to Retire," Journal of the New Economic Association, New Economic Association, vol. 25(1), pages 57-75.

    More about this item

    Keywords

    pension reform; efficiency of pension system; long-term financial stability of pension system; adequacy of labour pension; replacement rate; deficiency of pension budget; actuarial balance;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • E69 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Other

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