PRIORITIES OF PENSION REFORM IN UKRAINE AT THE PRESENT STAGE

Authors

  • V.K. Rudyk Podolsky state agrarian technical University, The Ministry of education and science of Ukraine, Department of Finance,banking and insurance, Shevchenko str.,13, Kamenetz – Podolsk, Khmelnytsk region, 32300

DOI:

https://doi.org/10.15330/apred.1.13.45-53

Keywords:

pension reform, pension system, pension provision, pension assets, pension programs, financial risks, pension management

Abstract

The issues of reforming the national pension system in modern conditions are considered. Their main elements, level of  their using in the general pension model of the country are analyzed. The financial security of the pension sector, increasing in pension costs, tendencies of increase of  their share relative to GDP for the future were assessed. Comparison of this indicator on the European countries was made. Priorities for pension reform were identified, main directions of reorganization of the solidarity pension system, the necessity of introduction of obligatory accumulative pension insurance were justified, the ways of further development of private pension provision were determined. Special attention was paid to the need to improve the legislative framework, which will be the legal basis for the successful conduction of this stage of the pension reform.

Author Biography

V.K. Rudyk , Podolsky state agrarian technical University, The Ministry of education and science of Ukraine, Department of Finance,banking and insurance, Shevchenko str.,13, Kamenetz – Podolsk, Khmelnytsk region, 32300

D. Sc. Econ., associate professor

References

1. “State obligatory pension insurance. Law on Jule 9, 2003 № 1058.” Official site of the Verkhovna Rada of Ukraine, zakon1.rada.gov.ua. Accessed 19 Feb. 2017.
2. On Non-State Pension Provision. Law on Jule 9, 2003 № 1057-IV.” Supreme Council of Ukraine, no. 47-48, 2003.
3. “On measures to legislative provision of pension system reforms. Law on Jule 8, 2011 № 3668-VI.” Official site of the Verkhovna Rada of Ukraine, zakon1.rada.gov.ua. Accessed 20 Feb. 2017.
4. Eurostat database, epp.eurostat.ec.europa.eu/portal/paqe/portal/statistics/search. Accessed 3 Dec. 2016.
5. Koval, O.P. “In terms of world tendencies.” Pension Bulletin of Ukraine, no. 9, 2013, pp. 23-25.
6. Londar, S. L. “The Influence of aging population factor at the Ukrainian state finances balance.” Finances of Ukraine, no 5, 2012, pp. 27-39.
7. Malovanyi, M.I. “The state and problems of Ukrainian pension system insurance.” Accounting and Finances, no. 1(63), 2014, pp. 89-95.
8. Miroshnychenko, I.S. “Modern problems of retirement insurance: foreign experience and Ukrainian realities.” Accounting and Finances, no 4 (58), 2012, pp. 45-49.
9. Onyshko, S. V. “Potential of pension system development in Ukraine in the context of reducing state financial risks.” Actual problems of economics, no. 3, 2012, pp. 248–352.
10. State committee of Ukrainian statistics, www.ukrstat.gov.ua. Accessed 20 Feb. 2017.
11. Pension Fund of Ukraine, www.pfu/gov.ua./control/uk/index. Accessed 10 Dec. 2016.
12. “The international experience of pension provision. Project of development of financial sector.”, http//www.pension.kiev.ua.
13. “Reform of financial sector and pension system. “Pension system of reanimation set of reforms.” Reanimation Package of Reforms, www rpr.org.ua. Accessed 17 Feb. 2017.
14. The realization of pension reform in Ukraine. Edited by E. Libanova, University of demography and social experiments named after V. Ptukha. The National Academy of Science of Ukraine, 2010.
15. Horiuk, N. “Pension system of Ukraine.” Program of financial sector development USAID/FINREP-ІІ.” presentation_coference_25april2013_ru.pdf>.
16. Poplavskiy, O.O. “Insurance organization activities at the financial market: analysis of the world experience.” Accounting and Finances, no 1(17), 2016, pp. 117-123.
17. “Project of changes in legislative acts of Ukraine on implementation of accumulative general state pension insurance. Project of law of Ukraine on May 6, 2016. Official site of the Verkhovna Rada of Ukraine, zakon1.rada.gov.ua/cgi-bin/laws/main.cgi?user=o1&find=1&typ=1. Accessed 20 Feb. 2017.
18. Osadets, S.S., Murashko, O., and V. Furman. Insurance management, KNEU, 2011.

Published

2017-04-25

How to Cite

Rudyk , V. (2017). PRIORITIES OF PENSION REFORM IN UKRAINE AT THE PRESENT STAGE. The Actual Problems of Regional Economy Development, 1(13), 45–53. https://doi.org/10.15330/apred.1.13.45-53