Elizaveta Bogatenko

The situation in the development of Russian society in the 21st century is characterized by fundamental socio-economic, political and demographic changes that are reflected in many areas of society. The most significant of these are pension problems [1]. The most important element of the pension system is its regional level. A regional support system is the organization of determining and paying pensions to citizens living in a given region, as well as receiving funds for these purposes. The functioning of this system is affected by the socio-economic level of development of the country as a whole and its individual regions, the demographic structure of the population, the ratio of employed and retired people, the standard of living, the material and technical base and the organizational level of the infrastructure of the pension system. The purpose of the article is to analyze regional differences in the pension system of the Russian Federation. The study showed a close relationship between financial flows between the federal budget, the pension fund and the regions, which ensured the effective functioning of the entire pension system at the present stage of its development.