ANALYSIS OF PENSION INDEXATION METHODS IN ORDER TO ACHIEVE THE WELL-BEING OF OLDER GENERATIONS

The relevance and novelty is due to radical changes in the mechanism of indexation of all types of state pensions for the current budget, planned and long-term periods. Practical decisions of public administration bodies require theoretical understanding and critical analysis of the final social and economic results from the perspective of solving the most long-standing problem of socio-economic development of our country - the poverty of pensioners as the most vulnerable category of citizens. The purpose of the study is to identify the causes and substantiate the conditions for reducing pensioner poverty. The subject of the study is the state pension provision in Russia. To identify the causes of pensioner poverty, the study uses actuarial and statistical analysis methods based on open information sources: Rosstat, the Ministry of Labor of the Russian Federation, the Federal Tax Service, etc. As a result of a multifactorial analysis of the methods of indexing insurance pensions, the main problems and factors determining the size and forms of increase in various pensions have been identified, and theoretical and practical tools for improving the forms and methods of indexing have been substantiated. It is proved that the indexation of insurance pensions should be considered as an economic mechanism for preserving the pension rights of insured persons in conditions of insured risks during the onset of insured events of old age, disability, loss of breadwinner. Indexation should ensure the purchasing power of insurance pensions throughout the life of pensioners. Different indexation methods have different effects on maintaining the adequacy of pension payments in the long term, especially in conditions of rising life expectancy and volatile inflation.