MODERN TRENDS IN REFORMING THE SOCIAL INSURANCE SYSTEM IN UKRAINE

The article is devoted to the study of modern trends in the reform of the domestic social insurance system. Emphasis is placed on the relevance of this problem in view of the imperfection of the current social insurance system. The relevance of the topic is emphasized by the fact that the conditions of market economy cause certain challenges, and social insurance is a necessary tool for ensuring social stability, justice and protecting the interests of citizens in accordance with the principles of solidarity and mutual assistance. The essence of the concept of «social security» according to the ILO codification and the elements that include this concept are studied. The essence of social insurance, which can be considered as a social system aimed at creating a mandatory nationwide organization of mutual aid, is defined and the characteristic features of this system are outlined (mandatory nature, organization of mutual aid, comprehensiveness, risk coverage, nationwide organization). The factors that led to the inefficiency of the domestic social insurance system were identified. It is noted that the modern model of social insurance should be designed on the principles of social solidarity and social justice, while ensuring consistency in the implementation of social policy. The Pension Fund is characterized as the legal successor of the Social Insurance Fund and it is concluded that the unification of related functions within one fund will help to optimize organizational and management costs, increase the efficiency of the use of financial and human resources and ensure adequate control over the provision of quality social services. It is noted that the modern world trend is the process of transforming the concept of «social protection» from state protection into a system of protection, where its distribution falls proportionally on the shoulders of the state and the citizen, respectively. This prompts the emergence of a new concept of «social self-protection» as part of social protection.