PENSION REFORM AND MANAGEMENT ISSUES IN FOREIGN COUNTRIES

Abstract

As of today, each country is developing its own pension reform plans based on its economic situation, available resources and demographic potential. Pension reforms are generally implemented in the medium term, i.e., within a period of 3 to 5 years or 5 to 10 years. In this context, we will examine the pension system reform in two CIS countries that are close to us—namely, the Russian Federation (2019-2028) and the development prospects in the Republic of Kazakhstan.