Pension provision in Ukraine: current problems and the experience of some EU States

Abstract

The purpose of the article is to identify the problems faced by the pension system of Ukraine and to study the European experience to overcome them. Research results. The levels of pension provision in Ukraine were determined. The analysis of the current state of pension provision was carried out, and the primary problems affecting it were identified. Draft laws on the introduction of accumulative pension provision were considered, which should solve the issue of the deficit of the Pension Fund budget. Practical meaning. The positive experience of the implementation of pension reforms in some European countries, their stages and features were studied. Value/originality. The ways to overcome certain problems related to the introduction of accumulative pension provision in our country were proposed.