Reforming the Public Pension System in the Russian Federation

ByFrank Eich, Mauricio Soto, Charleen A Gust

August 1, 2012

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

Pension reform is a key policy challenge in Russia. This paper examines how pension spending could increase in Russia in the absence of reforms, quantifies the impact of some recent proposals, and suggests some alternatives that would ensure public pension benefits - relative to wages - not fall from current levels while containing spending.

Subject: Aging, Expenditure, Health, Labor, Pension reform, Pension spending, Pensions, Population and demographics, Retirement

Keywords: Aging, B. reducing pension eligibility, contribution pension, disability pension, Eastern Europe, Europe, fiscal policy, pension, pension age, pension finances, pension formula, pension reform, pension spending, Pension spending, pension system, Pensions, Retirement, retirement age, Russia, WP

Pages:
25
Volume:
2012
DOI:
https://doi.org/10.5089/9781475505511.001
Issue:
201
Series:
Working Paper No. 2012/201
Stock No:
WPIEA2012201
ISBN:
9781475505511
ISSN:
1018-5941

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