Promises to Keep: Pension Provision in the Russian Federation

Cynthia Buckley, Dennis Donahue

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

In this chapter we examine the ways in which the legacy of Soviet pension policies and post-1991 economic and social trends have constrained policy options concerning pension reform in the Russian Federation and have prevented serious reevaluation of pension provision or pension equity. While the Russian government inherited a pension system beset with difficulties and ill equipped for Russia’s aging population, the Soviet pension system represented, in symbolic and financial terms, a widely valued social guarantee. We contend that the structural legacy and embedded expectations associated with the Soviet pension system thwart attempts to provide a unified and equitable pension system in the post-Soviet period. While making numerous changes to the pension system in the post-Soviet period, the federation government remains severely constrained in either fulfilling the promises of the previous Soviet system, or instituting the type of large-scale structural reforms that might contribute to the long-term solvency of the system.
Original languageEnglish (US)
Title of host publicationRussia's Torn Safety Nets
Subtitle of host publicationHealth and Social Welfare During the Transition
EditorsMark G Field, Judyth L Twigg
PublisherPalgrave Macmillan
Pages251-270
Number of pages20
ISBN (Electronic)9781349627127
ISBN (Print)9780312229160
DOIs
StatePublished - 2000
Externally publishedYes

Keywords

  • Pension Fund
  • Soviet Period
  • Pension Reform
  • Physical Infirmity
  • Pension System

ASJC Scopus subject areas

  • Social Sciences(all)
  • Medicine(all)
  • Economics, Econometrics and Finance(all)
  • Business, Management and Accounting(all)

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