Directions Improvement of efficiency of financial resources of the state pension

The aim of the article is to study the uses of financial resources of the state pension in Ukraine and seek to enhance their effectiveness. The article describes the strategic and tactical direction of improving the efficiency of the financial resources of the state pension. It is shown that the size of future pension receives employed persons affects the rate of pension contributions, investment income on savings deposits, term pension contributions and the timing of the receipt of future pensions. Determined that the rate of pension contributions amounting to 10.5% of payroll and 6.5% on investment income gained 35 years of labor activity can achieve the greatest amount of correlation between the level of wages of employees and future pensions of pensioners – 92.5 %. Among the strategic areas of improving the efficiency of financial resources allocated pension us in practice the second pillar. The conclusion is based on the fact that such action will reduce the burden on the budget PFU, because it is poor design of its financial resources has led to the deterioration of the financial resources of this type of social insurance. Reducing the burden or cost reduction PFU eliminates the need for financing pensions from the State Budget of Ukraine, while enhancing the relationship between internal and external resources pension.