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Written Paper

STRATEGIC DIRECTIONS OF STATE POLICY OF PENSIONS IN UKRAINE UNDER THE NEW CONDITIONS OF THE MODERN WORLD  [2016]

Chernyavska Olena, Gorbunova Olena

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The principle of solidarity pillar "today's generation of workers providing pensions current generation of pensioners" in today's realities fails, future revenues are insufficient to cover future obligations. Imbalance of solidarity pension system, the pension fund deficit, the gap between "old" and "new" pensions, the demographic situation, the lack of comprehensive institutions of social protection of older aggravate the situation. The article determines importance of public policy plan and the national characteristics formation in Ukraine. Purpose of scientific article is to analyze strategic directions of state policy of pensions in Ukraine under the new conditions of the modern world. Complexity and versatility of the problems created in pension domain, the necessity and possibilities of their solving determined architectonics of the Article and following composition of the issues: sources of financial resources of the Pension Fund of Ukraine, analysis of income, costs, deficit of the Pension Fund of Ukraine, evaluation of contributions to the State Budget of Ukraine that transfer to the Pension Fund of Ukraine during last years. We emphasized the role of government in pension systems and importance of foreign experience of pension systems. We have identified the need for strategic directions of Ukraine's pension system, as well as alternative sources of financing the deficit of the Pension Fund of Ukraine and improving the regulatory role of the stat
e in pension provision.

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THE CAUCASUS ECONOMIC AND SOCIAL ANALYSIS JOURNAL