Keyword: «insurance rate»

The article presents general theoretical and practical aspects of reforming the pension system of the Russian Federation. It is pointed out the fallacy and haste of raising the retirement age. Critics of the unpopular idea adopted by the first reading in the State Duma are criticized. The main statistical data on budget dynamics are presented, the mechanism of pension provision and the financial management of the fund are critically analyzed, and some measures are proposed to solve the problem.