Features of formation of pensions in Russian Federation

This article focuses on the basic directions of formation of pensions in the present conditions of the pension insurance system. Analyzed in detail the conditions of formation of the accumulative part of the pension and insurance, Innovations in 2016. Also consider the importance of pension points for future retirees and the role of non-state pension funds. In the conclusion of work, authors draw a conclusion that the combination of insurance and funded pension helps to create the steadiest system of provision of pensions. Also this combination creates an investment basis for worthy life of pensioners.