Pension reforms in the countries of the Commonwealth of Independent States: interim results and further perspectives

  • Ekaterina A. Boris Belarusian State University, Niezaliežnasci Avenue, 4, 220030, Minsk, Belarus

Abstract

The article analyzes the experience of improving the pension policy in the CIS countries, need for reforms which has caused by the current crisis trends in the field of social security of citizens. In this way, in the long term, with the current increase in the demographic burden, financial difficulties in the area of pensions will be provoked. Against the background of the evolving circumstances, almost all countries are forced to reconsider their views on the scheme of pension systems, since their stability is at risk. The article presents interim results, allowing to identify problems in the functioning of pension systems, as well as to trace the development trends of pension systems in the future.

Author Biography

Ekaterina A. Boris, Belarusian State University, Niezaliežnasci Avenue, 4, 220030, Minsk, Belarus

postgraduate student at the department of chair of banking economics, faculty of economics

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Published
2019-02-09
Keywords: pension system, social protection, pension provision, pension reform, replacement rate, retirement age
How to Cite
Boris, E. A. (2019). Pension reforms in the countries of the Commonwealth of Independent States: interim results and further perspectives. Journal of the Belarusian State University. Economics, 2, 73-82. Retrieved from https://journals.bsu.by/index.php/economy/article/view/2257