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Reforming the Public Pension System in the Russian Federation

Author

Listed:
  • Frank Eich
  • Mauricio Soto
  • Ms. Charleen A Gust

Abstract

Pension reform is a key policy challenge in Russia. This paper examines how pension spending could increase in Russia in the absence of reforms, quantifies the impact of some recent proposals, and suggests some alternatives that would ensure public pension benefits - relative to wages - not fall from current levels while containing spending.

Suggested Citation

  • Frank Eich & Mauricio Soto & Ms. Charleen A Gust, 2012. "Reforming the Public Pension System in the Russian Federation," IMF Working Papers 2012/201, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2012/201
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=26177
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    References listed on IDEAS

    as
    1. Sinyavskaya, Oxana, 2005. "Pension Reform in Russia: A Challenge of Low Pension Age," Discussion Paper 267, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    2. E. Gurvich & Yu. Sonina., 2012. "Microanalysis of the Russia’," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 2.
    3. Ms. Joana Pereira & Mr. Philippe D Karam & Mr. Dirk V Muir & Ms. Anita Tuladhar, 2010. "Macroeconomic Effects of Public Pension Reforms," IMF Working Papers 2010/297, International Monetary Fund.
    4. Rudolph, Heinz P. & Holtzer, Peter, 2010. "Challenges of the mandatory funded pension system in the Russian Federation," Policy Research Working Paper Series 5514, The World Bank.
    5. Mr. David Hauner, 2008. "Macroeconomic Effects of Pension Reform in Russia," IMF Working Papers 2008/201, International Monetary Fund.
    6. Alexandre Kolev & Anne Pascal, 2002. "What keeps pensioners at work in Russia? Evidence from Household Panel Data," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 10(1), pages 29-53.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Victoria Levin, 2015. "Promoting Active Aging in Russia," World Bank Publications - Reports 22613, The World Bank Group.
    2. Bussolo, Maurizio & Schotte, Simone & Matytsin, Mikhail, 2017. "Accounting for the bias against the life-cycle hypothesis in survey data: An example for Russia," The Journal of the Economics of Ageing, Elsevier, vol. 9(C), pages 185-207.
    3. Louise Grogan & Fraser Summerfield, 2019. "Government Transfers, Work, and Wellbeing: Evidence from the Russian Old-Age Pension," Journal of Population Economics, Springer;European Society for Population Economics, vol. 32(4), pages 1247-1292, October.
    4. Bussolo,Maurizio & Simone,Schotte & Matytsin,Mikhail, 2015. "Population aging and households? saving in the Russian Federation," Policy Research Working Paper Series 7443, The World Bank.
    5. Evsey T. Gurvich & Maria A. Ivanova, 2018. "Economic Effect of Population Ageing and Pension Reforms," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 5, pages 9-22, October.
    6. International Monetary Fund, 2014. "Suriname: Selected Issues," IMF Staff Country Reports 2014/317, International Monetary Fund.
    7. Alonso-García, J. & Devolder, P., 2016. "Optimal mix between pay-as-you-go and funding for DC pension schemes in an overlapping generations model," Insurance: Mathematics and Economics, Elsevier, vol. 70(C), pages 224-236.
    8. Matytsin,Mikhail & Moorty,Lalita M. & Richter,Kaspar, 2015. "From demographic dividend to demographic burden ? regional trends of population aging in Russia," Policy Research Working Paper Series 7501, The World Bank.

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