Author’s proposals to ensure the achievement of the goals of the Strategy for the long-term development of the pension system of the Russian Federation until 2030


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Abstract

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.

About the authors

Igor Viktorovich Balynin

PhD (Economics), Associate Professor, assistant professor of the Department of Public Finances of Finance Faculty

Author for correspondence.
Email: igorbalynin@mail.ru
ORCID iD: 0000-0002-5107-0784

PhD (Economics), Associate Professor, assistant professor of the Department of Public Finances of Finance Faculty

Russian Federation

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