НЕДЕРЖАВНЕ ПЕНСІЙНЕ ЗАБЕЗПЕЧЕННЯ В УКРАЇНІ

Abstract

The purpose of this article is to highlight the state, prospects and role of non-state pension provision for every person and the country. After all, the current solidary pension system is characterized as unbalanced and inefficient. Therefore, in order to prevent poverty and avoid the risks associated with reduced quality of life and health, it is necessary to build a non-state pension system that will help to eliminate the shortcomings of the solidarity pension system's functioning. The study was conducted using such scientific methods as abstraction, concretization, induction and deduction, analysis, synthesis, factor and correlation analysis (for structural and dynamic assessment of non-state pension provision functioning efficiency indicators). The article presents the efficiency of non-state pension provision functioning in the conditions of transformation period. The estimation of the main performance indicators of non-state pension funds for 2018-2020 is presented. The state and the basic tendencies of development of the market of life insurance in Ukraine are revealed. On the basis of the analyzed indicators the efficiency of functioning and prospects of development of non-state life insurance in Ukraine has been evaluated. Recommendations for increasing non-state pension provision in Ukraine are given. The development of non-state pension provision market in Ukraine should become one of the strategic sources of investments aimed at maintenance of economic growth in Ukraine. Since, the market has the potential for development. The studies of many scientists consider the efficiency of non-state pension provision from the point of view of the activity of non-state pension funds as the main subjects of this market. It overlooks the activities of insurance companies operating in the life insurance markets, which prompts to assess and compare the performance of these subjects to determine their relevance in the financial market. The practical significance of the work lies in the possibility of using the conclusions of the scientific work for readers to make a decision about their own pension provision and for further research.