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How to Raise Pensions by Legalizing Informal Employment

Valery P. Chichkanov, Elena V. Chistova and Alexander N. Tyrsin

Montenegrin Journal of Economics, 2017, vol. 13, issue 4, 89-99

Abstract: The article presents the study on the problems of imbalances in the Russian pension system, which prevent ensuring the provision of decent pensions for the population at a level that is adequate to their labor contribution. In this study, the authors set a goal of substantiating proposals for building a balanced pension system in Russia. They considered the possibility of increasing the number of workers (contributors to the pension system) by legalizing the informal employment as a reserve for increasing the receipts of insurance contributions to the pension system.

Date: 2017
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Handle: RePEc:mje:mjejnl:v:13:y:2017:i:4:p:89-99