Пенсійне забезпечення: вітчизняна та світові практики

Abstract

Background: Pension provision of citizens of Ukraine currently remains one of the most important problems of the socio-economic development of the state. The existing system of pension insurance does not adequately fulfill its main task, since the size of pensions mostly does not provide an opportunity to maintain a minimum standard of living. Purpose: To investigate the features of pension provision for persons who have reached retirement age in Ukraine and world experience. Methods: A method of analysis, evaluation, comparison and generalization. Results: After analyzing the state of the pension system, it can be considered a crisis, because the pension does not protect pensioners from poverty, the system is also socially unfair, the Pension Fund receives significant subsidies from the budget in order to be able to pay pensions to the elderly. Conclusion: It can be concluded that the state of pension provision in Ukraine today is quite low. The pension system needs to be reformed, namely, the introduction of reforms in the solidarity system, the creation of an accumulation system and the development of voluntary pension provision, because reducing the level of pension payments cannot be a real alternative, as it will lead to an increase in poverty among elderly citizens. Therefore, the reforms should be aimed at reducing the inflow of new pensioners and increasing the number of people paying pension contributions. Keywords: retirement age, pension system, pension system reform, joint pension system.