On the Issue of Prospects for Realization of the Causal Relation Between Pension Provision and Socio-Economic Development

The article is aimed at finding ways to realize the causal relation between pension provision and socio-economic development of the State. The relation between economic functions and principles of the State that directly impact both pension provision and socio-economic development is analyzed. On th...

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Main Author:	Movchun Svetlana V.
Format:	Article
Language:	English
Published:	Research Centre of Industrial Problems of Development of NAS of Ukraine 2018-11-01
Series:	Bìznes Inform
Subjects:	principles and functions of the State pension provision adequate pension social protection permanence of the pension system replacement coefficient
Online Access:	http://www.business-inform.net/export_pdf/business-inform-2018-11_0-pages-265_271.pdf

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spelling	doaj-260ee524ca6e4e03866db0308e9a1ab82020-11-24T22:03:15ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2018-11-0111490265271On the Issue of Prospects for Realization of the Causal Relation Between Pension Provision and Socio-Economic DevelopmentMovchun Svetlana V. 0Research Associate, Department of Direct Taxation of the Research Center for Tax and Financial Law, Research Institute of Fiscal Policy at the University of the State Fiscal Service of UkraineThe article is aimed at finding ways to realize the causal relation between pension provision and socio-economic development of the State. The relation between economic functions and principles of the State that directly impact both pension provision and socio-economic development is analyzed. On the basis of results of the carried out analysis a conclusion is drawn that there is no harmonious combination of functions and principles of the State in Ukraine. It is substantiated that the calculation of wage replacement coefficient does not meet international standards and does not take into account the guaranteed lost income replacement coefficient, which impacts the size of pension payments. The author suggests to expand the terminology apparatus by introduction of the scientific concepts of «adequate pension» and «constancy of pension system».http://www.business-inform.net/export_pdf/business-inform-2018-11_0-pages-265_271.pdfprinciples and functions of the Statepension provisionadequate pensionsocial protectionpermanence of the pension systemreplacement coefficient
collection	DOAJ
language	English
format	Article
sources	DOAJ
author	Movchun Svetlana V.
spellingShingle	Movchun Svetlana V. On the Issue of Prospects for Realization of the Causal Relation Between Pension Provision and Socio-Economic Development Bìznes Inform principles and functions of the State pension provision adequate pension social protection permanence of the pension system replacement coefficient
author_facet	Movchun Svetlana V.
author_sort	Movchun Svetlana V.
title	On the Issue of Prospects for Realization of the Causal Relation Between Pension Provision and Socio-Economic Development
title_short	On the Issue of Prospects for Realization of the Causal Relation Between Pension Provision and Socio-Economic Development
title_full	On the Issue of Prospects for Realization of the Causal Relation Between Pension Provision and Socio-Economic Development
title_fullStr	On the Issue of Prospects for Realization of the Causal Relation Between Pension Provision and Socio-Economic Development
title_full_unstemmed	On the Issue of Prospects for Realization of the Causal Relation Between Pension Provision and Socio-Economic Development
title_sort	on the issue of prospects for realization of the causal relation between pension provision and socio-economic development
publisher	Research Centre of Industrial Problems of Development of NAS of Ukraine
series	Bìznes Inform
issn	2222-4459 2311-116X
publishDate	2018-11-01
description	The article is aimed at finding ways to realize the causal relation between pension provision and socio-economic development of the State. The relation between economic functions and principles of the State that directly impact both pension provision and socio-economic development is analyzed. On the basis of results of the carried out analysis a conclusion is drawn that there is no harmonious combination of functions and principles of the State in Ukraine. It is substantiated that the calculation of wage replacement coefficient does not meet international standards and does not take into account the guaranteed lost income replacement coefficient, which impacts the size of pension payments. The author suggests to expand the terminology apparatus by introduction of the scientific concepts of «adequate pension» and «constancy of pension system».
topic	principles and functions of the State pension provision adequate pension social protection permanence of the pension system replacement coefficient
url	http://www.business-inform.net/export_pdf/business-inform-2018-11_0-pages-265_271.pdf
work_keys_str_mv	AT movchunsvetlanav ontheissueofprospectsforrealizationofthecausalrelationbetweenpensionprovisionandsocioeconomicdevelopment
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On the Issue of Prospects for Realization of the Causal Relation Between Pension Provision and Socio-Economic Development

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