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The Role of Funded Pensions in Retirement Income Systems: Issues for the Russian Federation

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  • Juan Yermo

    (OECD)

Abstract

This paper reviews the recent development of the funded pension system in the Russian Federation and considers it role in the context of the overall retirement income system. By describing current OECD practices and policy recommendations and comparing them with the current Russian pension system, the report aims to facilitate ongoing discussions between the OECD and the Russian Federation regarding the latter’s pension system. The report is based to a large extent on existing OECD published material, in particular the latest edition of OECD Pensions at a Glance (2011) and the OECD Pensions Outlook 2012. It also draws on the OECD review of labour and social policy published in December 2011. Le rôle des régimes de pension privés dans les systèmes de retraite : les enjeux pour la Fédération de Russie Cette publication analyse l’évolution récente des régimes de pension privés dans la Fédération de Russie et examine leur rôle dans le contexte du système de retraite du pays. Elle met en regard le système de retraite russe et les pratiques en vigueur dans les pays de l’OCDE ainsi que les recommandations stratégiques formulées par l’Organisation. Ce rapport a pour objectif de faciliter les discussions en cours entre l’OCDE et la Fédération de Russie sur le système de retraite du pays. Ce document s’inspire largement de publications de l’OCDE, et notamment des dernières éditions du Panorama des pensions 2011 et des Perspectives de l’OCDE sur les pensions privées 2012. Il fait également fond sur l’examen de l’OCDE du marché du travail et des politiques sociales dans la Fédération de Russie, publié en décembre 2011.

Suggested Citation

  • Juan Yermo, 2012. "The Role of Funded Pensions in Retirement Income Systems: Issues for the Russian Federation," OECD Working Papers on Finance, Insurance and Private Pensions 27, OECD Publishing.
  • Handle: RePEc:oec:dafaad:27-en
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    File URL: http://dx.doi.org/10.1787/5k9180xv25xw-en
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    More about this item

    Keywords

    funded pensions; investissement; investment; pensions privées; pensions publiques; public pensions; regulation; régulations; social security; supervision; supervision; sécurité sociale;

    JEL classification:

    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions

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