Keyword: «state pension insurance»

The article discusses the history of the formation and evolution of the pension system of the Russian Federation. The pension system is part of the social protection of the population and affects the interests of both working and non-working citizens. Building a pension system is relevant for any country. The research focuses on the key stages in the development of the pension system and Russian pension legislation. The article analyzes the legislative framework of the USSR pension system, which laid the legal foundations for the Russian national pension system. The pension system defines the patterns and trends of its development, which led to the creation of a three-tier pension system in Russia. It is noted that the transition to insurance principles of functioning has eased the burden on the Russian budget system, but at the same time, due to the low level of replacement of insurance pensions, it has caused the need for the development of non-state pension financing mechanisms. It is concluded that further legal regulation of the pension system should be aimed at expanding the role of non-state pension provision and insurance.