Keywords:government securities, pension savings, private management companies, provision of pensions, state management company
Citation: Maksim Borovoy (2010). Assessing Effectiveness of Pension Savings Investments in the Period from 2006 to 2009. Russian Journal of Entrepreneurship, 11(1), 17-23. — url: http://bgscience.ru/com/lib/2073
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Abstract:
The reform of the Russian pension system which began in 2001and is not completed yet had a few major ideas. One of them was the idea of raising the role of each person in forming his or her merit pension. The main mechanism for increasing pensions, by the idea of the authors of this reform, is the transfer of pension savings in the management of investment funds, which since the beginning of the reform showed their positive efficiency until 2008 FY. In 2008 they suffered substantial losses. The author assesses these losses and forecasts their future results.