Shaliievska L. Pension provision in the system of economic safety of the state

The important tool of theoretical research of dissertation work includes the conceptual-categorical and methodological approaches, with the help of which, the essence of the fundamental concepts of "pension provision", "pension", "pension system" is clarified. The main features of pension provision are defined: it is realized not in any circumstances of life, but only in certain cases; it is provided in due time in cash for life; it depends on the size of the wage, the duration of the insurance period, the years of service or the savings; it is financed by specially created state and non-state funds; it redistributes income from active and able-bodied population in favour of a generation of pensioners; it is clearly defined by law or by the relevant agreement. The essence of the system of pension provision as a set of methods of providing pensions by persons having this right in accordance with the legislation or contractual relations is grounded. The first method is a distributive one, the second one is accumulative. All subjects of pension provision are classified according to the degree of participation in the system into: direct ones – which directly participate in the implementation of pension benefits; indirect ones – which have an indirect effect on the functioning of the pension system, creating all the necessary conditions and forming a pension provision infrastructure in the country. The threats and challenges to the country’s economic safety based on the selected stages of the development of compulsory pension provision are structured in the following way: the imbalance of the Pension Fund of Ukraine, the accumulation of insufficient funds for payment of pensions, the additional financing of the Pension Fund is actively used not only through direct allocations from the state budget, but also for account of local budgets; an imbalance in the relations between the participants in pension provision, which manifests itself in inequality of pensions, inconsistency to the rates of inflation, wage growth rates and pension indexation; the ageing of the nation with an increase in the number of pensioners and informally employed.