Pension Provision Research Articles

The Results of the Police Reform: An «Inside View»

The paper presents the results of a study of the most important changes in the activities of the Department of Internal Affairs (Police Service) after the 2011 reform. The success of the implementation of the principles of openness and publicity of police activities, building trust between the police and society, improving the image of the Department of Internal Affairs is characterized, the intensification of information and propaganda work is noted. The opinion of police officers on the prevalence of illegal and illegal behavior among employees is analyzed. Noting the downward trend in the facts of such behavior, among its determinants, the author names more active detection of violations of official discipline and offenses. An important advantage of modern police activity is the introduction and development of electronic document management, improvement of the regulatory framework, tightening control over budget spending. An increase in the level of education of police officers is also recognized as a positive trend, but the active introduction of distance learning significantly reduces its quality. The system of medical and pension provision for employees of internal affairs bodies remains satisfactory. Among the main problems that reduce the effectiveness of the professional activities of police officers are excessive document flow, imperfection of legislation, weak material and technical base, poor interaction of departments and services among themselves, insufficient number of employees and their heavy workload. The latter, according to the employees of the internal affairs bodies, is the most serious factor, which is expressed in the inconsistency of the official load with the established norms, in the performance of official duties during the vacation period, in the unjustified distribution of official duties. The solution of the problems of organizing and carrying out the professional activities of police officers indicated in the paper is necessary for effective crime prevention and increasing the authority of the police in society.

ХОРИЖИЙ МАМЛАКАТЛАРНИНГ ПЕНСИЯ ТАЪМИНОТИ ТИЗИМЛАРИНИНГ ШАКЛЛАНИШИДАГИ ТАЖРИБАЛАРИ

This article discusses the formation, structure and features of pension systems and pension systems in foreign countries. The reports of international financial and rating organizations conducting research in the field of pension provision were considered, and the best pension systems were analyzed. The assets of the largest pension funds in the world are also listed. On the basis of general research, conclusions and proposals were formed.

SOCIAL SECURITY REFORMS IN THE NEW UZBEKISTAN: PROBLEMS AND SUGGESTIONS

This article examines pension provision as University of Public Safety independent researcher, one of the most important and urgent functions of each state, and also defines the concept of pension and gives an idea of the importance of pension. Proposals were also developed on the reforms being carried out in Uzbekistan, including in the pension sector, on the procedure for increasing the size of pensions starting from January 2023.

Pension provision for military personnel in the USA: lessons for Ukraine

Pension provision of military personnel is one of the important components of social security of every country. This system should guarantee a decent level of pension payments, because this will contribute to the high attractiveness and perspective of service in the national armed forces and the preservation of the most trained specialists in them. The war with Russia once again proves the need for a professional army, taking into account international practices and the chosen course for joining the European Union and the North Atlantic Alliance. Quite interesting for both analysis and adaptation in Ukraine is the experience of implementing social support for military personnel in the USA, in particular, regarding the receipt of pension payments. In this paper, an analysis of the pension provision of US military personnel is carried out through the prism of pension plans and benefits that this category of citizens claims. The study demonstrated that the US military pension system is effective, focused and structured, and consists of various types of pensions, military personal deductions for retirement accounts, military pensions and pensions under the federal insurance program. The authors prove that this population category is the most socially protected, as evidenced by the results of a study of the level of pension payments to US military personnel, which indicates the high efficiency of this pension system. It should be noted that one of the effective mechanisms for increasing the level of pension provision for military personnel of Ukraine is the adaptation, based on scientific research, of the best world practices regarding the provision of pension payments to this category of recipients. The article analyzes the features of the functioning of the current system of pension provision for US military personnel. The system of pension plans and benefits claimed by US military personnel is singled out. The amount of pension payments to US military personnel in dynamics is considered. Based on the results of the study, appropriate conclusions were drawn and recommendations were made to increase the level of pension payments to military personnel.

Сучасний стан пенсійного страхування в Україні

The current state of pension insurance in Ukraine constantly requires additional research that would update its development indicators, reveal new trends in its development, justify the feasibility of its reform, and take into account the influence of various factors. The purpose of the study is that based on the assessment of the current state of the pension insurance system in Ukraine, it is necessary to identify the main problems of its development and substantiate practical recommendations on the directions of reforming the social policy of the state regarding pension provision. The compulsory state pension insurance indicators in Ukraine, conducted by the Pension Fund of Ukraine for 2018-2022, were evaluated, which revealed the main trends of development and outlined the main problems. The performance indicators dynamics of non-state pension funds in Ukraine over the past five years has been investigated, trends in the development of accumulative non-state pension insurance have been outlined. The life insurance market in Ukraine is investigated and the voluntary pension insurance indicators are analyzed separately, which provides for the achievement by the insured person of the retirement age determined by the contract. The bank deposits dynamics of households in Ukraine as the potential of additional pension provision of the population is considered. It is proposed to motivate by the state creating corporate non-state pension funds. The practice spread of concluding pension insurance contracts with insurance companies by employers would create an additional source of pension payments and reduce the financial burden on the budget of Ukraine. The existing proposals for reforming pension insurance in Ukraine will contribute to increasing the confidence of the country’s population in both state pension provision and non-state pension insurance.

ПЕНСИОННАЯ РЕФОРМА: ПРЕДВАРИТЕЛЬНЫЕ РЕЗУЛЬТАТЫ И ОЦЕНКА ИХ ВЛИЯНИЯ НА ЭКОНОМИЧЕСКОЕ ПОЛОЖЕНИЕ СТАРШИХ ВОЗРАСТНЫХ ГРУПП НАСЕЛЕНИЯ

The object of the study is the older age groups of the population (55+), their socio-economic status, and employment in the context of the pension age reform ongoing in the Russian Federation. The purpose of the paper is to study world experience, the consequences of the Russian pension reform of 2018, and its impact on the finances of the Pension Fund, the income and employment of pensioners, to substantiate the connection between raising the retirement age and the increasing demographic burden on citizens of working age, with the aging of the population, the increase in average life expectancy, verification of previously made predictions. Based on statistical data, the author made an attempt to assess the motivation of authorities in countries around the world and the Russian Federation for institutional changes in the situation of the older generation, as well as the consequences of raising the retirement age and the transformation of the employment status of this socio-economic group. During the research, methods of correlation and regression analysis of scientific literature, regulations of the ILO and the Government of the Russian Federation, statistical data of the UN, and the Federal State Statistics Service (Rosstat) were used. The results of the paper indicate that the current level of pensions in the country is insufficient and it lags significantly behind the “replacement coefficient” of lost wages recommended by the ILO, taking into account international experience, and also “confirms the inevitability of raising the retirement age in the coming years in the context of demographic changes and economic needs of society. Conclusions are drawn about the importance of constantly monitoring the situation of the population aged 60+ in the labor market, the implementation of previously adopted strategic documents on their social support and increasing the level of their pension provision, as well as the fact that today it is very difficult to predict the demographic and social-economic situation in Russia in the coming years.

НАПРЯМИ МОДЕРНІЗАЦІЇ ДІЯЛЬНОСТІ НЕДЕРЖАВНИХ ПЕНСІЙНИХ ФОНДІВ В УКРАЇНІ ШЛЯХОМ ВПРОВАДЖЕННЯ ЗАРУБІЖНОГО ДОСВІДУ

The article examines the features of functioning of non-state pension funds in Ukraine and in the world. It was found that today the state of activity of the network of non-state pension funds in the state is an indicator of its stability, economic and social situation, the standard of living of the population, and its awareness of the range of possibilities of forming one's own pension resources. The functioning of pension systems in the leading developed countries and the formation of their pension provision are analyzed. In terms of reforming the social sphere, the world experience of non-state pension funds as the main subjects of the non-state pension system, performance indicators of the world's largest pension funds and the ratio of their assets to GDP were considered and analyzed. World experience proves that the development of non-state pension provision is an integral component of the country's successful development in market conditions, because funds invested in non-state pension funds will not only provide a stable income to pensioners in the future, but also work for the benefit of the national economy and enterprises, because they are returned to enterprises in the form of investment capital. The structure of the functioning of the national pension system is determined and the legislative framework is specified as the basis for the direct operation of non-state pension funds of Ukraine. The following indicators were analyzed: the total value of the assets of non-state pension funds and administrators of non-state pension funds acting on behalf of the pension fund and in the interests of its participants, the dynamics of pension contributions and pension payments, as well as the number of concluded pension contracts and the total number of contributors. The directions and ways of modernization of the main foundations of the domestic system of non-state pension provision in the context of adaptation of foreign experience are determined. It has been established that the implementation of world experience in Ukraine makes it possible to predict the effects of state decisions and to develop the most optimal way of modernizing the foundations of the activities of non-state pension funds and the pension system as a whole.

Issues of improving the functioning of the pension system and social protection in Uzbekistan

Social Protection of the population in Uzbekistan is one of the continuous priorities in the program of economic reforms and is a priority at all stages of reforms. A strong social protection policy is being pursued by the state in building a socially oriented market economy in the country. A strong social policy is one of the leading principles of Uzbekistan's path to independence and development. One of the most important forms of social protection of the population is pension provision.

ЗАКОРДОННИЙ ДОСВІД ПЕНСІЙНОГО ЗАБЕЗПЕЧЕННЯ ВІЙСЬКОВОСЛУЖБОВЦІВ

The article summarizes the foreign experience of pension provision for military personnel. It is determined that it is advisable to analyze the foreign experience of pension provision for military personnel on the example of leading NATO member countries (Great Britain, Germany, and the United States). This expediency is due to the fact that Ukraine is planning to join NATO, respectively, the directions of reforming the domestic pension system for military personnel in Ukraine should be based on borrowing the experience of these countries. It is established that in these States, military personnel, veterans of military service, military pensioners are officially granted numerous socially significant benefits and privileges that allow them not to experience special material and household, financial difficulties, both during the period of military service and after its end. In turn, this attracts volunteers to military service and contributes to the preservation of highly qualified specialists in the National Armed Forces. It is proved that decent pension provision is one of the factors of attractiveness of military service, which affects both the attitude of a serviceman to the performance of his official duties and the recruitment of personnel. It should be emphasized that military service differs from other types of labor activity by an increased risk of death of a serviceman, causing harm to his health, so the presence of problems in the field of pension provision for military personnel most acutely affects the implementation of social policy of any state. Studying and borrowing the best practices of pension provision for military personnel of foreign countries is the basis for the formation of an effective system of pension provision for military personnel, which is the key not only to meeting the basic socio-economic needs of military personnel and their family members, but also to ensuring high combat readiness of troops, and, accordingly, to ensure the defense and security of the country as a whole.

Обеспечение достижения целей Стратегии долгосрочного развития пенсионной системы Российской Федерации до 2030 года на основе реализации авторских предложений

The relevance of the study is caused by the need for the long-term development of the pension system, considering the strategic priorities of the development of the Russian Federation (primarily, national goals set by the Decree of the President of Russia for the period up to 2030). The author used the methods of data analysis and synthesis, which allow substantiating the existence of the problems in the pension provision related to the achievement of each of the goals of the Strategy for the long-term development of the pension system of the Russian Federation until 2030 (Strategy-2030). To solve the existing problems, the author proposed a set of measures related to the improvement of institutional and parametric changes, including those involving the clarification of normative legal acts regulating the issues of pension provision for Russians (first of all, the Federal Law “On Insurance Pensions”). The formulated proposals (related to the management of both expenditures and revenues in the system of mandatory pension insurance, as well as in terms of stimulating the development of funded pension mechanisms) will contribute to the achievement of both goals of the Strategy-2030. The transition to the program-targeted management of expenditures on pensions, considering the national goals of the Russian Federation development determined by the Decree of the President of the Russian Federation for the period up to 2030, will ensure the growth of their efficiency and organizationally ensure the continuity built in the Strategy both in the period up to 2030 and within each financial year, which is especially important in the current socio-economic conditions. This will allow achieving the goals of the Strategy-2030 with the most efficient use of financial resources, ensuring both an increase in the level of pension provision for citizens and the achievement of sustainability of the mandatory pension insurance system.

ЭКОНОМИЧЕСКИЙ ЭФФЕКТ ОТ ВНЕДРЕНИЯ ПЕРСОНИФИЦИРОВАННЫХ ПЕНСИОННЫХ СЧЕТОВ В СИСТЕМУ ПЕНСИОННОГО ОБЕСПЕЧЕНИЯ ГРАЖДАН РОССИИ

Within the framework of this study, an analysis of the problems of pension provision for citizens of the Russian Federation and a number of other countries has been carried out. A comparative analysis of the compliance of the Russian pension system with the requirements of the International Labor Organization is carried out. The technology of modeling the economic effect of the use of personalized pension accounts is developed. Conclusions are drawn about the possibilities and limitations of using personalized pension accounts in Russia. The practical implementation of the developed economic and mathematical model (simulation model) of maximizing the economic effect of the use of personalized pension accounts in the pension financing system of citizens of the Russian Federation is carried out. According to the results obtained, the economic effect of using in practice the pension system of citizens of the Russian Federation on the basis of personalized pension accounts for the period from 2023 to 2063 is estimated at 2 billion rubles. At the same time, the main contribution falls on the accumulated funds of working citizens for pension provision, the value of which is 309 billion rubles, or 205,61% of the total amount.

Pension provision for Ukrainian military personnel: national and regional dimensions

Over the past year, Ukraine has faced the challenge of protecting the integrity of its borders, the lives and health of its citizens, and the existence of the Ukrainian state as a whole. On February 24, 2022, the russian federation launched a full-scale war against Ukraine. Ukrainian servicemen and women have been defending the country's sovereignty from aggressors on a daily basis. Due to these events, the number of servicemen and their families began to increase significantly throughout Ukraine, given the constant mobilization of citizens to the Armed Forces of Ukraine. The Ministry of Social Policy of Ukraine notes that as of 2022, about 11 million people in Ukraine received pensions, of whom more than 540,000 were military pensioners. However, it is worth noting that the average amount of pensions received by the military in 2022 was about UAH 8,500, which confirms the low level of pension payments to this category of citizens. It should be noted that the average pension of a serviceman in Ukraine is several times lower than the average pension of a serviceman in the United States or one of the European countries (10 times lower than in the United States). This proves that the issue of reforming Ukraine's pension system to create an effective pension mechanism that could guarantee an adequate standard of living for military personnel in retirement is currently acute. After all, building an effective system of social protection for military personnel is a direct responsibility of our state. Accordingly, in the article, the authors identify and analyze the main aspects of pension provision for servicemen and their families in Ukraine, in particular in the Lviv region, namely: the amount of pension payments, depending on the types of pensions to which the serviceman is entitled, and the total amount of expenditures on pension provision for servicemen and their families in Ukraine, in particular in the Lviv region. The analysis provides an assessment of the state of pension provision for military personnel and their families, and formulates practical recommendations for improving the pension provision of this category of pensioners for further reform.

Knowledge Structure and Evolution of Elderly Care Services: A Visualized Analysis

The irreversible global aging trend brings a rapid growth in demand for elderly care services, which also promotes the rapid development of relevant research, but there lacks a holistic review on it. This paper aims to conduct an analysis to reveal research hotspots and future directions with a visual display. The "Web of Science Core Collection" database is searched, and CiteSpace software is used to sort out the characteristics of related research and draw a scientific map of keywords clustering. Elderly care services research has obtained continuous attention for a long time and rapidly developed since 2017. Based on the keywords clustering, focuses of the research can be divided into five categories, namely care goals, basic pension models, innovation and provision of elderly services, as well as the demands of special elderly groups. It can be seen from keywords with strong burst that research frontiers contain care goal, endowment service institutions, frailty of the elderly, work of supply entities, and service for the aged in China. This paper proposes three directions for future research, including a multidimensional dynamic measurement of elders' demands, the interaction between elders' behavioral characteristics and services for them, and an integrated pension model combine actual contexts and novel technologies.

ОПТИМІЗАЦІЯ ФІНАНСОВОГО МЕХАНІЗМУ ФУНКЦІОНУВАННЯ ПЕНСІЙНОЇ СИСТЕМИ УКРАЇНИ

The article examines the essence of the pension system of Ukraine and its equality. It was determined that a mandatory condition for the organization of any pension system is the creation of a legal, organizational and financial basis by the state to ensure the effective functioning of the pension system. It is characterized that a general system of mandatory state pension provision has been created in Ukraine, which provides for the accrual of pension contributions to a special pension fund. Aspects of the financial mechanism of pension funds in Ukraine are defined. The financial mechanism of pension funds in Ukraine is characterized, which includes such aspects as: mandatory pension contributions; storage system; support of non-state pension funds; investment of pension funds. The main tasks of the PF of Ukraine have been determined. An analysis of indicators of the implementation of the budget of the Pension Fund of Ukraine for 2019–2022, the dynamics of income of the Pension Fund of Ukraine for 2019–2022, as well as the dynamics of the number of pensioners for 2019–2022 was carried out. The analysis showed an increase in the costs of PFU, as well as a decrease in the number of pensioners. Ways to improve the financial mechanism of pension funds have been determined. The need and advantages of introducing a mandatory accumulative pension system as one of the ways to optimize the functioning of the pension system in Ukraine are substantiated. It was determined that the accumulation system provides that in addition to the state pension, which is paid from the state budget, citizens can also accumulate funds for their individual pension accounts, which are invested in various financial instruments. The implementation of the mandatory accumulative pension system requires detailed study and planning by the government and pension organizations. It is important to balance benefits and risks and ensure social justice for all citizens. It has been proven that the introduction of non-state pension funds in Ukraine will increase the possibilities of overcoming the crisis of the pension system, contribute to the improvement of the welfare of pensioners and stimulate the development of the financial market.

Public Control over Non-State Pension Funds in the Russian Federation: Problems of Organization and Implementation

This article is devoted to the analysis of modern problems of the organization and implementation of public control over non-state pension funds in the Russian Federation, due to the fact that they occupy a key place in the organization of pension provision in Russia for 2023. The subject of the analysis is the relevant provisions of Russian legislation on the organization and activities of public control over non-state pension funds in Russia and the practice of their application; general and private scientific methods are used - analysis, synthesis, analogy, formal-legal, comparative-legal, interpretation of legal norms, sociological, historical-legal, etc. The paper substantiates the role and place of this institution of civil society in the system of legal guarantees for the implementation, protection of the constitutional principles of democracy and the participation of society in the management of state affairs. The author examines the legal status and place of non-state pension funds in Russia in the system of objects of public control. The work not only analyzes modern problems that hinder the organization and implementation of public control in relation to the above-mentioned object of public control, but also develops and justifies a system of measures to resolve them. The issues of development and introduction of new forms and methods of public control in relation to non-state pension funds in Russia need further scientific understanding.

Недержавні пенсійні фонди: сучасний стан і перспективи розвитку в Україні

The aim of the article is to analyze the current state of functioning of non-State pension funds, define their main problems and prospects for development. According to the legislation, Ukraine has a three-tier pension system, the third level of which is the system of non-State pension provision, the basis of which is constituted by non-State pension funds. A non-State pension fund is an institution or organization that collects and invests pension contributions and maintains individual pension accounts for participants in the pension system. Non-State pension funds manage investments, using the accumulated money reserved for retirement to ensure the growth and preservation of participants’ retirement savings. The main goal of their investment activities is to generate sufficient income for future pension payments. The non-State pension funds play an important role in mobilizing financial resources and forming the investment potential of the pension system. The main indicators of activity of non-State pension funds are analyzed, namely: the number of concluded pension contracts, the total number of NSPF participants, the total value of NSPF assets, pension contributions, pension payments, and the amount of investment income. The problems that impede the effective functioning of non-State pension funds are classified as: economic, demographic, legal, investment, and psychological. The most important problem hindering the development of the system of non-State pension provision, including the functioning of non-State pension funds, is the non-perception of it as an alternative to the State-based system. The effective operation of non-State pension funds in the country depends on many factors, including the standard of living of the population, as well as the development of financial market infrastructure. Measures to intensify the activities of non-State pension funds in the financial market of Ukraine in the current economic conditions are substantiated. It is noted that the intensification of the activities of non-State pension funds will help reduce the burden on the Pension Fund of Ukraine and the State budget of our country.

Пенсионные системы государств Центральной Азии

Orientation towards the formation of the Eurasian socio-economic space implies the coordination of social policy, including in the field of pension provision. The harmonization of pension systems involves an analysis of the conditions for the formation and main parameters, the identification of common features and differences, and the determination of development prospects. The key problems of pension systems in the countries of Central Asia are the limited coverage of working people with pension insurance combined with a low basis for calculating pension contributions. The demographic factor plays a dual role in the functioning of pension systems. The countries of the region are characterized by a low proportion of older populations coupled with high rates of aging. At the present stage this can be seen as a demographic bonus, but in the long term it will become a serious challenge for the sustainability of pension systems. The situation is aggravated by the high migration outflow of the able-bodied population. One of the ways to increase the stability of pension systems can be to increase the role of state pensions – the development of the state system of social protection of pensioners as the main link in the pension system supplemented by private insurance and funded payments.

Formation of the pension security in Russia under the conditions of reform

The issues of pension provision should be studied as closely as possible when developing the pension system of Russia in the conditions of reform. The basis of pension provision in all countries is the responsibility of generations. That is, those who work now, they support those who are now retired.

REFORMING THE SOCIAL INSURANCE SYSTEM IN UKRAINE: PROBLEM ASPECTS AND KEY TASKS

Introduction. In modern conditions, Ukraine faced the issue of ensuring an adequate level of social protection of citizens against the background of their impoverishment and mass resettlement, as well as the rapid increase in prices and the number of those who lost their jobs and housing. Social insurance is an important component of the social protection system. It provides for the receipt by insured persons of various types of social benefits in the event of the occur rence of certain negative events caused by social risks. In this context, the question of increasing the effectiveness of the functioning of the social insurance system within the framework of the assessment of problematic aspects and key tasks of its further reform is brought up to date. The purpose of the article is a comprehensive analysis of the main principles of reforming the social insurance system in Ukraine in order to raise the standard of living of the population and protect it from new social upheavals and threats; identification of problematic aspects that accompany the specified changes; outlining promising directions for further improvement of the national social insurance system to ensure effective insurance protection and decent financial support for each insured person. Results. It has been established that social insurance is evidence of the sociality of any state that recognizes the supremacy of social values, cares for its citizens and adheres to declared social standards. It is argued that social challenges accompanying social transformations in the country, intensified by ATO, a pandemic and a full-scale war, necessitated the need for effective social security of citizens, the basis of which is social insurance itself. It is shown that the social insurance system has undergone many changes over the years of its existence. A critical analysis of the main reforms, which most affected the sphere of pension provision of the population and the health care system, reorganization of social insurance funds, was carried out. It has been proven that this transformation did not give the desired result, and social problems are only increasing. It is indicated that the important determinants of ensuring the effectiveness of the further reform of the social insurance system are: flexibility and adaptability of the system, its ability to adapt to the conditions of today; ensuring effective management of financial resources of social insurance funds, ensuring their non-deficit; systematic implementation of improvements and their compliance with international standards and social guarantees; deep awareness by employees and employers of the need to conduct labor activities honestly and openly. Conclusions. According to the results of the study, it was established that the main organizational and legal form of social security is social insurance within the framework of support and material stimulation of economically active citizens and improvement of the material situation of vulnerable population groups. The prospect of reforming the social insurance system in Ukraine depends on the effective cooperation of the state, employers and employees in the form of open dialogue and social responsibility of the parties to achieve the desired result – raising the level of social standards and high-quality social protection of citizens, intensification of labor activity and overcoming social upheavals.

STATE FINANCIAL INCLUSION AS A DRIVER OF MODERNIZATION OF THE PENSION SYSTEM OF UKRAINE

The article considers the policy of state financial inclusion as a driver of modernization of the pension system of Ukraine. A systematic approach to the regulation of state financial inclusion policy and its indicators has been developed, which provides the optimal model for financing pension benefits and social needs of the working age population, taking into account the modernized hierarchy of the pension system and its efficiency in allocating budget resources. It is substantiated that financial inclusion in the system analysis of the state pension system is a platform of the general theory of systems, includes a number of interconnected components of the open financial system from the standpoint of allocation of budgetary resources to social needs. It is proved that the systemic approaches to the use of the methodological paradigm of financial inclusion in the pension system focuses on various aspects of the budget financing process and reflects the conceptual platform for the development of pensions. Models of pension systems and methods of the World Bank according to the levels of pension provision are presented. The directions of financial inclusion in the state pension system in the context of “state – business – society” and the scheme of optimization of state financing of social programs of the pension system are given. The size of pensioners by types and size of pensions in the regions of Ukraine, the coefficient of replacement of lost income in Europe is analyzed. The ratio of the own revenues of the Pension Fund of Ukraine is determined, taking into account the part of the paid single contribution to the obligatory state social insurance, divided into the obligatory state pension insurance to GDP. The total current pension expenditures from GDP in European countries are estimated. The scheme of actuarial calculations of pension provision in the state financial inclusion of the pension system for short-, medium- and long-term periods is proposed.