Experience of developing countries in organizing pensions for self-employed citizens, an example of Singapore
( Pp. 46-50)

More about authors
Svetlana V. Frumina
Financial University under the Government of the Russian Federation; Plekhanov Russian University of Economics
Moscow, Russian Federation; Moscow, Russian Federation
Abstract:
The subject of the study is the mechanisms for stimulating the pension savings of self-employed citizens of Singapore. The goal is the adaptation of Singapore's positive experience in organizing pensions for self-employed citizens to Russian conditions. In the course of work, comparative analysis and synthesis of theoretical and practical material were used; methods of empirical research (comparison, collection and study of data). When processing and systematizing information, grouping methods and a systematic approach were used. Results. The expediency of using the mechanism of variability of insurance contributions to the Pension Fund of the Russian Federation, depending on the age of the insured and the application of tax benefits for insured self-employed citizens participating in voluntary pension schemes, is justified.
How to Cite:
Svetlana V.F., (2020), EXPERIENCE OF DEVELOPING COUNTRIES IN ORGANIZING PENSIONS FOR SELF-EMPLOYED CITIZENS, AN EXAMPLE OF SINGAPORE. Economic Problems and Legal Practice, 3 => 46-50.
Reference list:
Balynin I.V. Pensionnye sistemy zarubezhnykh stran: analizklyuchevykh pokazateley i osobennosti postroeniya // Audit i finansovyy analiz. - 2017. - №1. S.353-358.
Kosov M.E. Zarubezhnyy opyt primeneniya rezhimov zhestkoy byudzhetnoy ekonomii // Izvestiya vysshikh uchebnykh zavedeniy. Seriya: Ekonomika, finansy i upravlenie proizvodstvom. - 2019. - №3(410. S.13-20.
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Popkov S.YU., Smirnov V.M. Sotsial no-ekonomicheskie aspekty demograficheskoy situatsii v Rossii: dolgosrochnye posledstviya sokrashcheniya chislennosti rabotosposobnogo naseleniya // Natsional nye interesy: prioritety i bezopasnost . 2009. T. 5. № 16 (49). S. 54-58.
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Mukul G. Asher The Pension System in Singapore. August 1999. http://documents.worldbank.org/curated/en/218471468759849072/pdf/multi-page.pdf
Pension System in Singapore https://www.pensionfundsonline.co.uk /content/country-profiles/singapore
Ofitsial nyy sayt Vsemirnogo banka https://data.worldbank.org /indicator/SL.EMP.SELF.FE.ZS locations SG
Ofitsial nyy sayt Central Provident Fund Board https://www.cpf.gov.sg /members/schemes/schemes/retirement/workfare-income-supplement-scheme Item1759
Ofitsial nyy sayt Pravitel stva Singapura https://www.mom.gov.sg /employment-practices/central-provident-fund/what-is-cpf
https://en.m.wikipedia.org/wiki/Central Provident Fund
Ofitsial nyy sayt Singapore Government Agency Website https://www.cpf.gov.sg/Assets/members/Documents/Factsheet Enhancements to WIS Scheme.pdf
Keywords:
pension system, pension provision, pension plans, self-employed citizens, developing countries.


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