Modern Legal Regulation of Pension Provision within the EAEU

The study analyzes the Agreement on Pension Provision for Workers of the Member States of the Eurasian Economic Union of December 20, 2019 (hereinafter referred to as the EAEU Agreement), which is the fundamental act regulating the mechanisms of pension provision in the Eurasian space. The authors defined the object and purpose of the agreement, outlined the range of entities to which its provisions apply, and also disclosed the main content of the territorial-proportional pension model, which formed the basis of the above-mentioned Agreement. Additionally, it was identified that the effective implementation of the EAEU Agreement is closely dependent on the norms of the Agreement of March 13, 1992, on Guarantees of the Rights of Citizens of the Member States of the Commonwealth of Independent States in the Field of Pension Provision (hereinafter referred to as the CIS Agreement), particularly those concerning the acquisition of pension rights by relevant individuals. It was discovered that the innovative approach of the EAEU Agreement was perceived differently by the member states of the union in terms of the rule on taking into account pension rights acquired by Russian citizens permanently residing in other EAEU member states prior to the termination of the CIS Agreement for the Russian Federation. All of the above taken together resulted in the infringement of the basic right of these citizens to social security. The authors have proposed solutions to rectify the situation, either through bilateral cooperation the potential for which is indirectly indicated in the EAEU Treat or by submitting a request to the EAEU Court for an advisory opinion to clarify the provisions of the EAEU Agreement.