Solovyov A.K. Replacement Rate of Retirement
Pension: the Conflict of Macroeconomic and Social Objectives. // Economics of contemporary Russia 2014. №3
(66) С.56-67.
The replacement rate serves in practice of activity of the
state pension systems as the major indicator of efficiency of insurance pension
system as he allows to estimate level of replacement by pension of the lost
earnings of the worker. At carrying out of the international comparisons the
replacement factor is used as the basic indicator of level of provision of
pensions. Therefore replacement rate even more often suggest to consider as a
target reference point in the course of reforming of pension system. In article
the design procedure of factor of replacement for Russia according to the
international standards, results of the executed calculations for the purpose
of their approbation taking into account characteristics of the insured persons
and an analytical estimation of conformity of level of replacement rate to the
minimum international norms of social security is described developed by the
author for the first time in the Russian science and practice.
Keywords: pension system; the insured persons; labour pension;
replacement rate; calculation methodology.