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WORLD PENSION SYSTEMS

Journal: International scientific journal "Internauka." Series: "Juridical Sciences" (Vol.1, No. 22)

Publication Date:

Authors : ;

Page : 106-113

Keywords : solidarity system; pension; joint-stock pension system; funded pension system;

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Abstract

The article is devoted to the study of the search for the ideal model of pension provision in the conditions and trends of the modern development of Ukrainian statehood. In light of the adoption of the new labor code and changes in the rules of the game in the pension system, as well as the fact that this system is designed to protect vulnerable people, the authors of the article analyze and search for the ideal system, the modern economic system can be implemented and show the best indicators in as soon as possible. The article examined three basic pension systems existing within countries with different economic, social and geopolitical statuses, namely, the joint pension system is the first chronological system, which is transitional and optimal, as evidenced by international practice and the accumulative system pension provision can exist only within the framework of the countries of developed capitalism and a market economy, and requires serious finance from the population th consciousness. The most stable and progressive global pension systems are solidarity-funded and funded systems that exist in the developed countries of the world and demonstrate stable performance. At the same time, Ukraine only declares the existence of a joint-funded system, however, in fact, we are dealing with a joint system that is morally and economically obsolete in the conditions of modern world economies.

Last modified: 2021-03-16 21:57:31