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Medical and demographic reserves for implementation of pension reform in the Arctic zone of the Russian Federation

Vol. 17, Iss. 8, AUGUST 2019

Received: 30 May 2019

Received in revised form: 20 June 2019

Accepted: 23 July 2019

Available online: 15 August 2019

Subject Heading: SOCIOECONOMIC POLICY

JEL Classification: J26, O57

Pages: 1450–1462

https://doi.org/10.24891/re.17.8.1450

Toropushina E.E. Luzin Institute for Economic Studies, Kola Science Centre of RAS, Apatity, Murmansk Oblast, Russian Federation
toropushina@iep.kolasc.net.ru

https://orcid.org/0000-0002-5263-2902

Subject This article analyzes the medical and demographic reserves to increase the retirement age of residents of the Arctic zone of the Russian Federation.
Objectives The article aims to investigate the world practice of setting the retirement age and the trends of changes in life expectancy in Russia and the Arctic subjects of the Russian Federation. It also attempts to define the available medical and demographic reserves to implement the pension reform and find whether there is good reason behind the retirement-age increase concerning residents of the Arctic zone of the Russian Federation.
Methods The study involves the methods of logical and statistical analyses.
Results Although upon the whole, Russia has a sustained growth in life expectancy, its Arctic regions have low medical and demographic reserves, and there has been a decline in the years lived actually. The article speaks about the unreasonableness of increasing the retirement age for residents of the Arctic regions of the Russian Federation.
Conclusions With regard to the Arctic zone of the Russian Federation, increasing the retirement age should be accompanied and supported by additional measures to improve public health, aimed at a significant increase in life expectancy.

Keywords: pension system, retirement age, life expectancy, Arctic Zone of the Russian Federation

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