Pension provision as a component of the social and economic system of society, the consequences of its reforming and the possibility to solve the existing problems

The article analyzes the current state and development of the pension system of the Russian Federation. The paper examines the opportunities for reforming the pension system, its possible negative social and economic consequences for Russian Federation and the possibility to solve the problem of citizens’ pension provision. It is provided to develop statistical reporting on the formation of pension rights of all participants in the pension system, namely the state, the local authorities and the employers.