Dynamics of the post-Soviet mandatory pension insurance system and basic pension income

The paper is devoted to the study of the post-Soviet mandatory pension insurance system and the possibility of implementing such an element as a universal basic pension income into it. Domestic and foreign scientific publications, legislation, as well as statistical data in the field of pension provision served as sources for the analysis. The paper found out that the issue of setting of minimum guarantees for pensioners at a level not lower than the pensioner's subsistence minimum level remains relevant to this day. In this connection the paper tested the hypothesis that the introduction of a universal basic pension income, which in fact will replace the basic part of the old-age labour pension (fixed payment to the insurance pension) and social supplements to the pension, in the pension structure will allow to establish a minimum pension level for all pensioners by a single payment (universal basic pension income), which will make the Russian pension system more transparent, open, understandable and allowing a pensioner to have an income at least below the pensioner's subsistence minimum level. To test the hypothesis an analysis of the types of pensions and their structure was carried out, and criteria for setting the boundaries of the minimum pension were determined. One of the results of the study was an approximate calculation of the additional funds needed to bring the basic part of the labour pension (universal basic pension income) to the subsistence minimum level of a pensioner (as of 2023). It is concluded that with additional financial support from the state and changes to the structure of expenditures of the Social Fund of Russia, the introduction of a universal basic pension income for recipients of old-age pensions, disability pensions and survivor's pensions would be quite achievable.