Financial Stability of Private Pension Funds: Today and Tomorrow

The primary objective of private pension funds is the protection and stable growth of pension reserves and savings for the purpose of timely payment of private pensions to their participants and of the defined contribution part of labor pensions to the insured. However, we believe it would be premat...

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Bibliographic Details
Published in:Problems of economic transition 2011-09, Vol.54 (5), p.59-65
Main Author: Novgorodov, P. A.
Format: Article
Language:English
Subjects:
Defined contribution plans
Economic stability
Pension funds
Pensions
Personal finance
Russian Federation
Social security financing
Studies
Workers
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Summary:The primary objective of private pension funds is the protection and stable growth of pension reserves and savings for the purpose of timely payment of private pensions to their participants and of the defined contribution part of labor pensions to the insured. However, we believe it would be premature to claim that the funds are successfully accomplishing the task set for them.
ISSN:1061-1991
1557-931X
DOI:10.2753/PET1061-1991540506