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Formation of the Strategy of Development of the Pension Insurance System in Ukraine

Author

Listed:
  • Sychova Kseniya V.

    (Donetsk National University)

Abstract

The article is devoted to the problem of selection of a strategy of development of the pension insurance system in Ukraine. It describes main stages of formation of the pension insurance system (preparation, selection of the strategy and model, realisation, assessment of effectiveness, improvement). It considers main directions of realisation of the proposed state strategy of development of the pension insurance system in Ukraine - formation of high quality and effective managerial decisions at the state and regional levels and management of internal (with respect to the pension system) factors. The article offers re-formation of the system of assignment of preferential pensions and long-service pensions and development of regional pension programmes as an element of improvement of the defined contribution component of the system of pension insurance. The article considers optimisation of volumes of liabilities, regulation of the tariff policy and also search for additional sources of replenishment of the state budget as the ways of stabilisation of the pay-as-you-go component of the pension insurance system. It describes main directions of improvement of activity of non-state pension funds as a main subject of the system of non-state pension provision. It offers introduction of the mixed model of pension insurance on the basis of the pay-as-you-go and defined contribution strategy of the pension provision consisting of five levels (obligatory pay-as-you-go non-funded, obligatory funded insurance, voluntary-obligatory defined contribution, voluntary defined contribution and quasi-obligatory informal).

Suggested Citation

  • Sychova Kseniya V., 2013. "Formation of the Strategy of Development of the Pension Insurance System in Ukraine," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 10, pages 239-246.
  • Handle: RePEc:idp:bizinf:y:2013:i:10:p:239_246
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