Formation of the Pre-Pensioner Segment in the Labor Market: Financial and Management Aspects

Abstract

The article considers the results of the implementation of the pension reform in Russia in 2018, reflected in changes in labor market indicators according to Rosstat. The purpose of the study is to develop a scientific understanding of the processes of formation of the pre-pensioner segment of the Russian labor market under the influence of its external and internal factors. The authors use methods of statistical, correlation, and regression analyses, the calculation of the average for a certain integral of functions, as well as the method of linear modeling of multiple regression. The study assesses the scientific elaboration of the research topic abroad and in Russia. The issues of financial literacy of the population are analyzed. The financing of the training of pre-retirees in the professional competencies that are currently in demand on the labor market and support for unemployed pre-retirees who are registered with the employment center are considered. The selection of relevant demographic data and a sample labor force survey by age group has been carried out. The total number of pre-pensioners in 2018–2020 has been calculated and their structure according to the status of labor activity in the Russian labor market has been identified. The general dynamic, structural, and gender characteristics of the economic activity of pre-pensioners in the labor market are analyzed. The demand for pre-retirees by type of economic activity in 2019 is assessed. The authors conclude that there is a tendency to reduce the share of the pre-pensioner segment in the labor market after reaching the project retirement age threshold from 10.88% to 9.76%. The employment rate in this group of the population will be 66%. The study has established that the demand for pre-pensioners by type of economic activity in the labor market is 1.13 times higher for women than for men. A methodical approach has been developed to analyze the results of assessing the demand for state support measures by pre-pensioners. The article analyzes the influence of financial and social measures of state support for pre-pensioners on increasing their labor activity and competitiveness in the labor market. The results of the study can be used by the authorities to substantiate the assessment of the effectiveness of financing the measures they take to provide social and economic support to pre-retirees.