Asian Journal of Research in Banking and Finance
  • Year: 2022
  • Volume: 12
  • Issue: 5

Pension system and its types in practice of foreign countries

Associate Professor, Phd, Tashkent Institute of Finance, Uzbekistan. Email id: sayfidinovif@mail.ru

Online published on 30 June, 2022.

Abstract

Article is devoted to studying of pension system, its essence and importance of the role of pension system in social protection of citizens. In article pension plans of foreign countries are analyzed. Questions of improvement of system of distribution and accumulative pension system in Uzbekistan are considered.

Keywords

Pension Fund, Pension Provision, Pension System, Social Protection, Social Insurance, Insurance Contributions, Income, Investment, Security, Social Risk, Accumulative Pension System