The public pension system’s next step reform factors in Kyrgyz Republic

Janybai Arynbaev, Umut Sydykova, Melisbek Normatov, Askarbek Arzybaev and Atabek Arzybaev

MPRA Paper from University Library of Munich, Germany

Abstract: Abstract: This article reflects on the central issues of the pension system in the Kyrgyz Republic and the prerequisites for its modernization. Due to its scale, it seems impossible to reflect all aspects of activities in one study. At a time of political and financial turbulence in the world, the factors of specific socio-economic conditions, the need for a pension system sustainability, and financially sound principles of pension benefits provision become vitally actual. Due to its social significance, the issue of modernizing the pension system is widely discussed. All this makes it necessary to develop a social insurance members’ centred approach to reforming the pension system, which affects the interests of citizens, employers and the state. The current research applies to the national pension system big data research using the ILO/PENSIONS platform in 2022-2023. The research created a strong potential for the platform to become one of the most effective actuarial tools globally.

Keywords: Keywords: Pension fund; social fund; social insurance; pension provision; material support; guarantee; solidarity system; accumulation system; income; length of service; differentiation. (search for similar items in EconPapers)
JEL-codes: H55 I38 (search for similar items in EconPapers)
Date: 2024-11-25
New Economics Papers: this item is included in nep-age and nep-cis
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/122785/1/MPRA_paper_122785.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:122785

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().