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Scientific journal Vestnik NSUEM

2014 year, number 2

LEVEL OF PENSION COVERAGE OF POPULATION OF THE RUSSIAN FEDERATION IN 1990s: REFORMING ISSUES AND POLITICAL DECISIONS

Yu.A. Markov
Novosibirsk State Water Transport Academy, Schetinkina str., 33, Novosibirsk, Novosibirsk Region, 630099
Keywords: pension coverage, living wage, income level, pension reform, salary

Abstract

The article considers challenges of pension coverage of population of Russia in the years of radical market reforms. The author presents previously unpublished materials of the State Archive of the Russian Federation, making it possible to see the level of mutual understanding of authorities and population regarding pension coverage issues. Such social policy drawbacks as lack of clear concept of the pension coverage in the Government as well as obvious inconsistency of actions of the nations leadership are revealed. It is shown that insufficient level of financial resources failed to provide worthy conditions for pensioners in the 1990s.