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How to Raise Pensions by Legalizing Informal Employment

Author

Listed:
  • Valery P. Chichkanov
  • Elena V. Chistova
  • Alexander N. Tyrsin

Abstract

The article presents the study on the problems of imbalances in the Russian pension system, which prevent ensuring the provision of decent pensions for the population at a level that is adequate to their labor contribution. In this study, the authors set a goal of substantiating proposals for building a balanced pension system in Russia. They considered the possibility of increasing the number of workers (contributors to the pension system) by legalizing the informal employment as a reserve for increasing the receipts of insurance contributions to the pension system.

Suggested Citation

  • Valery P. Chichkanov & Elena V. Chistova & Alexander N. Tyrsin, 2017. "How to Raise Pensions by Legalizing Informal Employment," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 13(4), pages 89-99.
    • Handle: RePEc:mje:mjejnl:v:13:y:2017:i:4:p:89-99
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    References listed on IDEAS

    as
    1. Goryunov, Evgeny & Kotlikoff, Lawrence & Sinelnikov-Murylev, Sergey, 2015. "The fiscal gap: An estimate for Russia," Russian Journal of Economics, Elsevier, vol. 1(3), pages 240-256.
    2. Roik, V., 2015. "Architecture of the Pension Institutes in Russia: Status and Perspectives," Journal of the New Economic Association, New Economic Association, vol. 27(3), pages 184-189.
    3. Elena V. Chistova, 2016. "Possibilities for Increasing the Retirement Age in Russia in Response to Population Ageing," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 12(3), pages 127-138.
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