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On November 1, the Pension Fund of the Russian Federation hosted an international workshop “Principal tendencies of pension systems development in modern world.”
The workshop was organized by the Ministry of Health and Social Development and the Pension Fund of the Russian Federation.
During the workshop presentations were made by the Minister of Health and Social Development, Tatyana Golikova, the Chairman of the Board of the Pension Fund, Anton Drozdov, the Director of the Social Security Department of the International Labour Organization, Michael Cichon, and others.
Workshop participants, among them – representatives of the Russian government, specialized ministries and agencies, European institutions of social and pension insurance, non-state pension funds and management companies - discussed progressive foreign experience and further development of the Russian pension system, in particular the future of funded component of the pension. Experts of the Organization for Economic Co-operation and Development, World Bank and representatives of the countries which introduced funded elements in their pension systems such as Poland, Sweden, France, Ukraine and Germany also spoke at the workshop.
Following the results of the workshop it was decided that the Russian Ministry of Health and Social Development and the Pension Fund together with the International Labour Organization would set up a working group to develop a strategy for long-term development of the pension system until 2050.
“We will jointly analyze the state of the Russian pension system. On the basis of this analysis ILO experts will be able to make their recommendations on what pension system development model they would like to see as optimal,” the Deputy Minister of Health and Social Development, Yuri Voronin, said in his comments on the creation of a working group. He added that the work on the strategy for long-term development of the pension system until 2050 would be completed in 2012.
The strategy for long-term development of the pension system is designed to introduce principles and form a systematic approach to the development of the pension system in Russia. The strategy’s objective is to create a modern, well-balanced and easy-to-understand national pension system. Namely, it is designed to resolve such issues as the tariff policy, retirement age, non-state pension insurance and early retirement.
Source: Site of the Pension Fund of the Russian Federation
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