Pension security for citizens of the Russian Federation: social risks

The formation of a pension system that has integrity, safety, efficiency and meets the needs of citizens is a socially significant and scientific task. To solve such problems, it is necessary not only to focus on the priorities of strategic planning, but also to constantly search for methodological tools, new regulatory levers and management methods, especially in the face of increasing all kinds of social risks. The purpose of the study is to show the need to address issues related to the identification of social risks, assessment of their impact on the citizens’ pension provision, which will ensure a clear understanding of the effectiveness of the applied mechanisms of state pension insurance in the Russian Federation. The author’s research was carried out on the basis of statistical, regulatory, expert, balance methods, as well as the stress testing method, which made it possible to assess the level of social risks of one of the constituent entities of the Russian Federation. The main results of the study are as follows: the current statistics of the state of pension provision of Russian citizens is presented; a method of stress testing for identification and assessment of the level of social risks was proposed and tested; the key factors of the emergence of the latter are identified. The article reflects scientific results that demonstrate the normal level of social risks and the adequacy of reserves in the event of their strengthening on the example of a specific subject. The main conclusions of the authors prove the need for social risk management and the formation of an effective pension system for Russian citizens, taking the implementation of preventive measures into account. Reducing social risks for the population will make it possible to successfully pursue state policy and have civil confidence in the future.