Effect of implementation of pension reform in terms of cash flows

In the current Russian socio-economic conditions, the problem of the implementation of the pension reform has become particularly acute. A gradual increase in the retirement age from 2019, according to supporters of the reform, is the main factor in saving budget funds, but scientists often criticize these changes, since they are associated with a number of objective factors and conditions. The purpose of this article is to analyze the effect of the implementation of pension reform in terms of cash flows.