Labor Market and Mandatory Pension Insurance System: Current Trends and Long-term Risks

Yury M. Gorlin – Deputy Director of Institute for Social Analysis and Forecasting, Russian Presidential Academy of National Economy and Public Administration, Candidate of Economic Sciences (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Victor Yu. Lyashok – Senior Researcher of the Russian Presidential Academy of National Economy and Public Administration, Candidate of Economic Sciences (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

The problem of long-term sustainability of the mandatory pension insurance system (MPS) of the Russian Federation is highly dependent on trends in the labor market. Their analysis, as well as scenario forecasts based on it, indicate the presence of risks that could lead to a decrease in the volume of insurance contributions relative to GDP in the future.

Key words: labor market, pension system, mandatory pension insurance, insurance contributions.

JEL-codes: E25, H55, J26.