Environmental Science
3 years ago

Russian Pension System Overhaul: Embracing Life Insurance for Efficiency

Finance Theory and Practice
Pension Insurance in Russia: Current state and Transformation Opportunities
Dmitriy Tulenty, Alexandra S. Ermolaeva, P. G. Raba

Paper Summary

Related papers

Theme background image
Environmental Science
a year ago

Revealing serious contradictions in Russia's pension system sparks urgent reform.

Sustainable IT
Rural Transformation
Socio-Economic Development
1 view
Theme background image
Social Sciences
8 years ago

Belarus Pension Scheme Reforms Aim to Boost Retirement Income Levels.

Russian Transformation
Theme background image
Social Sciences
8 years ago

Russia's Pension System Faces Systemic Problems Hindering Efficient Functioning

Russian Transformation
Socio-Economic Development
Retirement Planning

The article explores the Russian pension system and suggests restructuring it to separate insurance and non-insurance aspects. By applying classical life insurance principles, the system can become more efficient. This involves involving licensed insurers in pension insurance and transforming non-state pension funds. The goal is to improve the overall structure of the system and make better use of life insurance for pension financing.