Russian Federation faces urgent need to boost pension funds for citizens
The article discusses the issue of pension savings in Russia and how it affects the financial system. Many countries face challenges with pension funds due to aging populations and fewer people of working age. To address this, it is suggested to increase pensions, boost pension fund assets, and adjust retirement ages for fairness. The Russian pension system relies heavily on state support, leading to difficulties in covering pension costs. The study suggests ways to improve pension savings in Russia for better economic stability.