IDEAS home Printed from
   My bibliography  Save this article

On the "simplicity" of the current pension formula


  • Gorlin, Yuriy

    () (Russian Presidential Academy of National Economy and Public Administration (RANEPA))


The article analyzes the current procedure for calculation of the retirement pension for old age ("pension formula"), on the basis of which shows the ambiguity and opacity of the current pension formula. Dispelling the myth that the current pension formula allows anyone to easily calculate the size of their pension. The paper proposes a set of measures aimed at improving the efficiency of the pension system, strengthening its stimulating effect on the behavior of the insured on the basis of increasing the transparency of the procedure for calculating pensions under the new pension formula, which will come into effect from 2015.

Suggested Citation

  • Gorlin, Yuriy, 2014. "On the "simplicity" of the current pension formula," Economic Policy, Russian Presidential Academy of National Economy and Public Administration, pages 85-98.
  • Handle: RePEc:rnp:ecopol:ep1422

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. N. Gregory Mankiw & David Romer & David N. Weil, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, Oxford University Press, vol. 107(2), pages 407-437.
    2. Masaaki Hirooka, 2006. "Innovation Dynamism and Economic Growth," Books, Edward Elgar Publishing, number 3234.
    3. Kevin J. Stiroh & Dale W. Jorgenson, 1999. "Information Technology and Growth," American Economic Review, American Economic Association, vol. 89(2), pages 109-115, May.
    4. R. J. Gordon., 2013. "Is U.S. Economic Growth Over? Faltering Innovation Confronts the Six Headwinds," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 4.
    Full references (including those not matched with items on IDEAS)


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rnp:ecopol:ep1422. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (RANEPA maintainer). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.