The development of institutional mechanisms for long-term savings in Russia

This article analyzes the structural and functional elements of the Long-Term Savings Program (LTSP) infrastructure, which are essential for its stability and effectiveness as a mechanism for private pensions. The author defines key concepts–infrastructure, institutional infrastructure, and LTSP infrastructure–highlighting their features and importance for state development. The study identifies conditions and key areas for developing the LTSP infrastructure and proposes measures for its enhancement. Recommendations are provided to promote the program, attract new participants, and diversify financial instruments, thereby aiming to improve the level of private pension security for citizens of the Russian Federation.