Demographics of the Russian Pension Reform

Dalkhat M. Ediev ()
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Dalkhat M. Ediev: North-Caucasian State Academy

Chapter Chapter 9 in Demography of Population Health, Aging and Health Expenditures, 2020, pp 111-131 from Springer

Abstract: Abstract Based on recently developed techniques for improving the estimates of life expectancy and extending the mortality data to old-age, we provide the first ever analysis of demographic implications of the pension reform in Russia in both the cross-sectional and cohort perspectives. Our analysis indicates a strong need to rebalance the pension system but also its acute negative consequences to Russian cohorts. Men are particularly vulnerable to the reform because of their low survival and shorter lifespan. Our study suggests that the reform must be supplemented by extraordinary policies aiming at mitigating the negative consequences of the reform. Comparison of the Russian case with the benchmark case of Sweden illustrates economic benefits of population ageing driven by lifespan extension.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:ssdmcp:978-3-030-44695-6_9

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DOI: 10.1007/978-3-030-44695-6_9

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