Current Incentives and Transformation of Pension Systems
( Pp. 131-137)
More about authors
Yuri V. Gordopolov
Cand. Sci. (Econ.), Associate Professor at the Department of State and Municipal Service at the Faculty of Economics
State University of Education
Moscow, Russian Federation Dmitry N. Yermakov Dr. Sci. (Econ.), Dr. Sci. (Polit.), Cand. Sci. (Hist.), Professor, Honoured Worker of Higher Education of the Russian Federation, Professor in the Department of Constitutional and Civil Law at the Faculty of Law
State University of Education
Moscow, Russian Federation
State University of Education
Moscow, Russian Federation Dmitry N. Yermakov Dr. Sci. (Econ.), Dr. Sci. (Polit.), Cand. Sci. (Hist.), Professor, Honoured Worker of Higher Education of the Russian Federation, Professor in the Department of Constitutional and Civil Law at the Faculty of Law
State University of Education
Moscow, Russian Federation
Abstract:
The article attempts to understand the global changes facing the pension systems of the world's largest economies. The authors analyze the main pain points of modern society: the rapid aging of the population, the steady decline in the birth rate and the entrenched gap in the pension provision of men and women. The focus is on the trends of the response measures of recent years, with which governments are trying to save pension systems from growing deficits. Radical methods are considered: raising the retirement age, introducing guaranteed allowances to savings schemes, increasing employer contributions and expanding coverage of the self-employed. The point is that simply raising the retirement age does not solve sustainability problems, so there is a need for automatic adjustments, gender-oriented measures, protection of vulnerable groups, incentives for voluntary savings and regulation of fees. The authors conclude that the viability of the pension system is determined by the flexibility of its constituent institutions to modern changes. The architecture of pension provision systems should build adaptive mechanisms for rapid response to demographic, economic and structural changes in the previous state of society.
How to Cite:
Gordopolov, Yu.V., Ermakov, D.N. (2026). Current Incentives and Transformation of Pension Systems. Economic Problems and Legal Practice, 22(3), 131-137. DOI: 10.33693/2541-8025-2026-22-3-131-137. EDN: NHEING
Reference list:
Bekyashev D.K., Umrikhina E.G. Legal regulation of bilateral relations of the Russian Federation with foreign states in the field of social security. Moscow Journal of International Law. 2026. No. 1. Pp. 20–39. (In Rus.). DOI: 10.24833/0869-0049-2026-1-20-39. EDN: TFZCRN.
Gultyaev V.E., Tyurin S.B. Factors influencing demography in the country // On the influence of the state on the development of demographic processes: Collection of reports and abstracts: The Nineteenth International Scientific and Practical Conference, Yaroslavl, February 20, 2025. Yaroslavl, 2025. Pp. 129–139. EDN: YKUMMA.
Kononova I.V., Perepelkina N.Y. Analysis of the compliance of Russian legislation with the recommendations of the Madrid International Plan of Action on aging. Public Health and Public Health. 2013. No. 3 (39). Pp. 56–57. (In Rus.). EDN: RBTEFX.
Kravtsov G.G. Method of determining and compensating the inflationary lag for pension payments using the PIA software package. Economic Research. 2026. № 1. (In Rus.). EDN: QPBNBQ.
Prudnikov A.S. The state and prospects of development of the legislation of the Russian Federation in the sphere of realization of the right of citizens to pension provision. Bulletin of the Moscow State Regional University (electronic journal). 2022. No. 2. Pp. 51–57. (In Rus.). DOI: 10.18384/2310-6794-2022-2-51-57.
Boulhol H., Lis M. and Queisser M. (2023), Trends in Pension Reforms in OECD Countries, Routledge, London.
European Commission (2024), 2024 Ageing Report: Economic and Budgetary Projections for the EU Member States (2022–2070), Brussels.
OECD (2024), Society at a Glance 2024: OECD Social Indicators, OECD Publishing, Paris. DOI: 10.1787/918d8db3-en.
OECD (2025), Pensions at a Glance 2025: OECD and G20 Indicators, OECD Publishing, Paris. DOI: 10.1787/e40274c1-en.
Schokkaert E. and P. Van Parijs (2003), “Debate on Social Justice and Pension Reform”, Journal of European Social Policy, Vol. 13/3, pp. 245–263.
United Nations, Department of Economic and Social Affairs (2024), World Population Prospects 2024, Online Edition.
Whitehouse E. (2007), “Life-Expectancy Risk and Pensions: Who Bears the Burden?”, OECD Social, Employment and Migration Working Papers, No. 60.
Gultyaev V.E., Tyurin S.B. Factors influencing demography in the country // On the influence of the state on the development of demographic processes: Collection of reports and abstracts: The Nineteenth International Scientific and Practical Conference, Yaroslavl, February 20, 2025. Yaroslavl, 2025. Pp. 129–139. EDN: YKUMMA.
Kononova I.V., Perepelkina N.Y. Analysis of the compliance of Russian legislation with the recommendations of the Madrid International Plan of Action on aging. Public Health and Public Health. 2013. No. 3 (39). Pp. 56–57. (In Rus.). EDN: RBTEFX.
Kravtsov G.G. Method of determining and compensating the inflationary lag for pension payments using the PIA software package. Economic Research. 2026. № 1. (In Rus.). EDN: QPBNBQ.
Prudnikov A.S. The state and prospects of development of the legislation of the Russian Federation in the sphere of realization of the right of citizens to pension provision. Bulletin of the Moscow State Regional University (electronic journal). 2022. No. 2. Pp. 51–57. (In Rus.). DOI: 10.18384/2310-6794-2022-2-51-57.
Boulhol H., Lis M. and Queisser M. (2023), Trends in Pension Reforms in OECD Countries, Routledge, London.
European Commission (2024), 2024 Ageing Report: Economic and Budgetary Projections for the EU Member States (2022–2070), Brussels.
OECD (2024), Society at a Glance 2024: OECD Social Indicators, OECD Publishing, Paris. DOI: 10.1787/918d8db3-en.
OECD (2025), Pensions at a Glance 2025: OECD and G20 Indicators, OECD Publishing, Paris. DOI: 10.1787/e40274c1-en.
Schokkaert E. and P. Van Parijs (2003), “Debate on Social Justice and Pension Reform”, Journal of European Social Policy, Vol. 13/3, pp. 245–263.
United Nations, Department of Economic and Social Affairs (2024), World Population Prospects 2024, Online Edition.
Whitehouse E. (2007), “Life-Expectancy Risk and Pensions: Who Bears the Burden?”, OECD Social, Employment and Migration Working Papers, No. 60.
Keywords:
pension systems, population aging, gender gap, retirement age, pension reform..
