The possibilities of investing funds by private actors of the social security system in social facilities

The article examines the domestic and foreign experience of investing funds by private participants of the social security system in social facilities. The purpose of the study is to assess the possibility of expanding such investments by non-governmental pension funds, insurance medical organizations based on content analysis of publications and individual cases. The analysis allows us to conclude that despite the measures taken (private financial initiatives, sustainable development bonds, including social bonds) private social security resources are not invested in large amounts in social facilities. At the same time, there are some successful examples of non-governmental pension funds investing in social facilities. The most common form of investing funds of non-governmental organizations in social facilities is public-private partnership. At the same time, facilities such as social services and healthcare organizations can provide a constant outgoing flow, which potentially creates their investment opportunities. But the problems of correctly determining the discounted multiplier to assess the payback of such investments in conditions of macroeconomic instability do not allow them to expand their practice. The article was prepared based on the results of research carried out at the expense of the federal budget under the state assignment to the Financial University for 2024.