Abstract

The article introduces the analysis of pension system modernization process, gives the assessment of efficiency of pension system complexity structural building integration, which includes three basic elements: common, fixed and basic rate of retirement pension insurance component, notional account system, compulsive funded component

Keywords

modernization; insurance (distributive) component; mandatory funded component; calculated pension formula; a single fixed basic amount of a labor pension

References

  1. Constitution of the Kyrgyz Republic. (2021, May).
  2. Social protection and trade unions in the republic: Figures and facts. (2022).
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  4. Aidarova, A. (2019). Pension system of Kyrgyzstan: Problems and prospects. Bulletin of J. Balasagyn Kyrgyz National University, 3(49), 7-12.
  5. Alymkulova, A. (2016). Pension system of Kyrgyzstan: Problems and prospects. Bulletin of J. Balasagyn Kyrgyz National University, 4(40), 7-12.