The recent pension reform introducing a multi-pillar pension system signals a major shift in pension provision in Russia, from a defined benefit pension scheme to a defined contribution pension system. The reform intends to address several problems found in the old pension system: (1) very complex and overlapping benefit formulas and generous eligibility conditions, including early retirement for many occupations, (2) mixed distribution/insurance/savings...
See More
Document also available in :
Russian
DETAILS
-
2002/11/01
-
Working Paper
-
29017
-
1
-
1
-
2010/07/01
-
Pension reform In Russia : design and implementation
-
pay as you go system
Citation
Rashid,Mansoora; Thompson, Larry; Von Gersdorff,Hermann A.; Zotova,Elena.
Pension reform In Russia : design and implementation (English). Washington, DC: World Bank. http://documents.worldbank.org/curated/en/693711468776374723