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Alternative Social Security Systems in CIS Countries
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Alternative Social Security Systems in CIS Countries
Alternative Social Security Systems in CIS Countries
Journal Article

Alternative Social Security Systems in CIS Countries

1993
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Overview
In the USSR in 1990, social security reforms led to the imposition of a uniform system of benefits in a large and demographically diverse country. This required inter-regional transfers, which are now no longer feasible with the demise of the USSR. Relatively high contribution rates also pose a problem for a nascent commercialized sector. The paper argues that benefit levels in some former Soviet Union countries are now unsustainable. The price shock associated with the \"transition\" to a market economy should lead to a consideration of a \"mix\" of policies, including a basic benefit in kind. While funded systems may eventually reduce contribution rates, there are implementation difficulties in the medium term.
Publisher
Washington, D.C. :International Monetary Fund

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