Yavorska ΠΆ.
Doctor of Economics, Professor, Professor of the Department of Banking and
Insurance Business, Lviv National Ivan Franko University, Lviv, Ukraine
Shaliievska L.
Post-graduate student of the Department of Economics, and Economic Security
Lviv State University of Internal Affairs, Lviv, Ukraine
PLACE OF PENSION PRVISION IN THE SYSTEM OF ECONOMIC
SAFETY OF THE STATE
Introduction. The problem of the guarantee of economic safety holds the central
place in the current conditions of the transition of the domestic economy to the market
type of economic activity. At the same time, the development of any national economy
is possible provided that an effective system of economic security of the state functions.
Domestic pension providers (the Pension Fund of Ukraine, the accumulation fund, non-
state pension funds as financial intermediaries) faced the need to create a system of
economic safety due to their activity in unstable conditions. At the same time, the
economic safety of these subjects is impossible without the creation, regulation and
support of the state favourable conditions for such activity. On the other hand,
economic safety of the state is impossible without stable, efficiently functioning
entrepreneurial structures, in particular pension funds of various organizational and
legal forms.
The main objectives in forming the system of economic safety include:
-
financial support for the sustainable development of pension providers (the
Pension Fund of Ukraine, the accumulation fund, non-state pension funds);
-
minimization of the risks of retirement benefits (the activity of pension funds
is impossible without being affected by various risks that have both internal and
external nature. The timely detection of these risks helps to avoid or significantly
reduce the inevitable losses that may or will arise in the course of retirement provision).
-
implementation of measures to improve the image of pension funds on the
market;
timeliness and completeness of pension payments;
-
maximizing the market value of pension providers.
Components of the system of economic safety of the state. One should begin a
thorough analysis of the system of economic safety of the state and the place of pension
provision in it with the clarification of concepts like "system", "safety system", "system
structure".
Specialists in the theory of safety studies, researching the safety system, focus on
its properties, such as [1, p. 9]:
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