ARTICLE OF THE ISSUE

TITLE

Opportunities for Introducing Basic Income Elements in the Payment and Social Assistance in the Russian Federation

Igor’ N. Zakharov

482-498

2.828 MB

Full text

INDEX

RAR (Research Article Report)
JEL J14
https://doi.org/10.52180/1999-9836_2024_20_4_1_482_498

AUTHOR

Igor’ N. Zakharov

Branch of the Pension and Social Insurance Fund of the Russian Federation for the Republic of Mari El, Yoshkar-Ola, Russia

e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

ORCID: https://orcid.org/0000-0002-9978-388X

SPIN-code: 2608-8682

RSCI Author ID: 898492

FOR CITATION

Zakharov I.N. Opportunities for Introducing Basic Income Elements in the Payment and Social Assistance in the Russian Fed
eration.  Uroven' zhizni naseleniya regionov Rossii=Living Standards of the Population in the Regions of Russia. 2024;20(4):482-498. 
https://doi.org/10.52180/1999-9836_2024_20_4_1_482_498 (In Russ.)

Abstract

The aim of the study was to identify the prerequisites for the implementation of basic income elements in the pension system of the Russian Federation in the medium term. Through an analysis of the scientific discourse on the feasibility of introducing unconditional basic support for the population both globally and in Russia, it has been established that the realization of such support remains an ambiguous solution to this day. The relevance of maintaining a balance between meeting the minimum needs of certain vulnerable categories of citizens through basic income and preventing the replacement of all sources of livelihood with such income has been emphasized. By analyzing the changes in the current material level of support for disabled citizens within the pensioning framework of a specific region, it was revealed that achieving the goals of the long-term development strategy of the country's pension system and raising the material living standards of pensioners to the level of ratified international standards within the existing insurance model is possible only through a breakthrough increase in social responsibility among the state, citizens, and insurers. Using mathematical forecasting methods, results of an actuarial forecast of demographic indicators for the pension system up to 2050 were obtained, confirming that maintaining financial balance in the pension system will be possible through increased interbudgetary transfers. Considering the digital transformation of society, individualization of labor, changes in the employment sector, and a decrease in social responsibility, the pension system will face serious challenges regarding the financial sustainability of state obligations for pension insurance in the medium term. The analysis of funding sources and the results of forecasting parameters of the pension system confirmed the hypothesis about the possibility of transforming certain components of pensions and social supplements into a guaranteed universal support system for the population based on the concept of basic income.

AUTHORS BIOGRAFY

Zakharov Igor Nikolaevich – PhD in Economics, Deputy Manager, Branch of the Pension and Social Insurance Fund of the Russian Federation for the Republic of Mari El, Yoshkar-Ola, Russian Federation

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