The article discusses the problems with Ukraine's old pension system and how the country is working to improve it. They are focusing on creating non-state pension funds that are more flexible and growing quickly. Some issues slowing down progress include limited investment options, lack of interest from employers, and a lack of public awareness about the new system. The researchers suggest using international experience and adapting to Ukraine's specific needs to make the reform successful. They emphasize the importance of a strong insurance industry for long-term success.