Issue № 70. October 2018

Evaluation of the Distributive and Accumulative Models of Pension Provision Efficiency in Russia

PhD, Associate Professor, Murom Institute (branch) of the Vladimir State University named after A.G. & N.G. Stoletovs, Murom, the Russian Federation.
E-mail: terentieva-murom@yandex.ru

The article reveals the advantages and disadvantages, as well as the features and conditions of the implementation of distributive and accumulative models of pension provision. Criteria for evaluating the effectiveness of pension models of different types are highlighted. The distribution and accumulation components of the current mixed pension model in Russia were evaluated in comparison with the indicators of foreign countries. The prospects of their further application in Russia are presented. The need to preserve the mixed model of pension provision with a mandatory funded component is justified.

Keywords

Pension provision, distribution model of the pension system, cumulative model of the pension system.