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Ension System of Uzbekistan

 Essay about Ension System of Uzbekistan

" PENSION SYSTEM OF UZBEKISTAN: PROBLEMS AND PERSPECTIVES”

Prof. Islamov Bakhtiyor Prof. Shadiev Rustam

CONTENTS: Launch.......................................................................................................................... 3 Part 1 . The analysis with the current condition of the pension system of Uzbekistan.... 4 The guidelines of auto financing of the sociable sector in Uzbekistan............................................. 5 Principle of organization with the pension repair of Uzbekistan................................... six The basic problems of Pension check Fund of the Republic of Uzbekistan................................... 8 Chapter installment payments on your Basic directions of improvement of pension system in Uzbekistan................ 12 Common principles of creating NPF in Uzbekistan........................................................... 12 Conceivable functioning components of NPF in Uzbekistan................................................... 13 The Uzbek approach of private pension plan funds creation....................................................... 15 Points of views estimation of building non-government pension plan funds.............................. sixteen Macroeconomic aspects of pension systems' perfection.................................................... 17 Perfection concerns of the pension check system of the Republic of Uzbekistan............................. 19 Conclusion.......................................................................................................................... twenty-five Appendix............................................................................................................................. 21 References........................................................................................................................... thirty five

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Introduction The purpose of the current report is definitely the definition of perspective ways of the further advancement and efficiency of pension system of Uzbekistan, based on the best possible combination of condition pension protection system and non-state monthly pension insurance. From this point of view the analysis from the condition of current pension program, principles of its business and operating are completed in this job. Taking into account significant risks at formation of more pension devices, their solid dependence on a concrete economic situation and monetary behavior from the population, the proposals made in the record can be considered since important although complementary actions to update social protection. Published components of some organizations were used in preparing this kind of paper, unique acknowledgements to the Center for Economic Research (director M. Eshonov) and also to the synthetic group (Mr. R. Zabihodjaev, Mr. A. Navotniy, Mr. A. Nabihodjaev, Mr. Con. Fayzullaev, Mr. U. Abdurahmanov). The creators express their very own thanks to the Job on Intergenerational Equity with the Institute of Economic Research of the Hitotsubashi University, especially professors N. Takayama, Y. Nishimura, Meters. Kuboniwa, I actually. Iwasaki and also other colleagues took part in the 2002 and the year 2003 P. My spouse and i. E. conventions. Their advice, comments and cooperation, which in turn enabled us to up grade this paper, are highly appreciated

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Phase 1 . The Analysis in the Current Pension plan System of Uzbekistan

The Principles of Financing of the Social Sector in Uzbekistan. Financing of the social sector is immediately connected to the macroeconomic situation in the country. The state finances is the main application of division and of redistribution of solutions from the world of development to social sector, which is deemed as a priority direction of the condition policies. The state budget for 2150 has an expressed social way. The bills on the social sector and welfare with the population are estimated for 283. several bln. of sums or 47. 1% of the total expenses with the budget, 223. 2 bln. of amounts or 37. 1% of them are directed at interpersonal sphere and 60. one particular bln. of sums or 10% to the social protection of the inhabitants....

References: 1 . R. Zabihodjaev, A. Navotniy, A. Nabihodjaev, Y. Fayzullaev and U. Abdurahmanov

installment payments on your 3. 4. 5. 6. 7.

almost eight.

9. 10.

11. 12. 13. 18. 15. 16.

17. 18. 19. 20.

" Sovershenstvovanie pensionnoy sistemi i vozmojnosti sozdaniya negosudarstvennih nakopitelnih pensionnih fondov sixth is v Uzbekistane”/ Ekonomicheskoe Obozrenie, # 10-11(3839), 2002, pages 3-10. Andras Simonovits (Institute of Economics). " Hungarian Pension System: The Permanent reform”. Alier, M. And Vittas, D. (2001): " Personal Pension Plans and Stock-Market Votality”, Holzmann-Stiglitz, eds. 391-423. Augusztinovics Meters. (1999a): " Pension Systems and Reconstructs in Countries in Transition”, Economic Survey of The european union 3(3), ESTE Economic Commission rate for The european countries, Geneva. Augusztinovics M. and Johnson G. (1997): " Concluding Remarks: System and Reform Design”, Augusztinovics ain. al. 257-270. Borkos, L. And Deithier J. J. eds. (1998): Public Financial Reform during the Transition: The Experience of Hungary, Buenos aires, D. C. World Bank. Borsch-Supan, A. (1998): " Incentive Effects of Social Protection on Work force Participation: Facts in Germany and Across Europe”, NBER WP 6780, Cambridge, MOTHER. Charlton, Ur., McKinnon, R. And Konopielko, L. (1998): " Pension check Reform, Privatization and Reorganization, rearrangement, reshuffling in the Changeover: Unfinished Business or Incorrect Agendas? ” Europe-Asia Research 50 1413-1446. Diamond, P. (1998): " The Economics of Social Security Reform”, NBER WP 6719, Cambridge, MA. Flemming, J. And Mickelwright, T. (1999): " Income Distribution, Economic Systems and Change, Innocent Infrequent Papers”, Economic and Sociable Policy Series 70, Florence UCIEF. Fultz, E. And Ruck, Meters. (2000): " Pension Reconstructs in Central and Far eastern Europe: a fix on the Reorganization, rearrangement, reshuffling of Countrywide Pension Schemes in Picked Countries”. Hagelmajer, K. (1999): " The Transformation of Social Security in Central and Far eastern Europe”, Muller et. ing eds. 31-58. Marketa Vylitova (Research Company for Time and Social Affairs). " OLD-AGE PENSION SYSTEM AND ITS PARTICULAR PLACE IN THE CZECH WELFARE STATE”. Irena Kowalska (Warsaw School of Economics, Commence of Stats and Demography). " FRESH PATTERNS OF FAMILY CREATION AND FRIENDS AND FAMILY LIFE IN POLAND”. Borislav Tafradjiyski (Club " Economica 2000”). " THE PENSION PLAN REFORM IN BULGARIA-TWO YEARS AFTER THE START”. Vasile Valentina (Institute of National Overall economy, Romanian Academy of Scienes). " DEMOGRAPHIC TRANSITION AND ECONOMIC TRANSITION. INTERLINKING AND PARALLELISM. THE TRUTH OF ROMANIA”. Islamov Bakhtiyor, Shadiyev Rustam (Uzbekistan). " NEW MARKET TRENDS, WORK AND TIME MARKET IN UZBEKISTAN”. Shinichiro Tabata (Slavic Research Middle, Hokkaido University). " MONTHLY PENSION SYSTEM IN RUSSIA”. Component 1: The Russian Pension plan in the nineties. Sadayoshi Ohtsu. (Graduate College of Economics, Kobe University). " PENSION PLAN SYSTEM IN RUSSIA”. Component 2: The Political Overall economy of Putin's Pension Change. Yulia Sorokina (Russian Record Commitee). " DEMOGRAPHIC CONDITION AND LIVING STANDART IN RUSSIA”.

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