Pension reform In Russia : design and implementation (English)

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...
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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

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