Analysis of statutory regulation changes in the status of the pension fund of Ukraine since its establishment

Abstract

The article is devoted to the phased research of basic normative and legal acts that define the status of the Pension fund of Ukraine as the central body of the executive power in the field of pension provision. It is noted that the Pension Fund of Ukraine is one of the most powerful and the most extensive professional structures in the country, whose task is comprehensive activity on pension provision of Ukrainian citizens. As an institution with strong professional and staffing potential that is constantly evolving and self- improving, the Fund accumulates and distributes significant amounts of money. The description is given so-called «competent» normative and legal acts regulating the administrative and legal status of the Pension fund of Ukraine. The process of acquiring the Pension fund of Ukraine of modern traits in the context of national changes is analyzed. The main tasks of the Pension Fund of Ukraine are analyzed, including: ensuring financing of expenses for payment of pensions in accordance with the legislation, child support; collecting and accumulating contributions intended for retirement benefits and benefits; implementation of extended   reproduction of funds of the Pension Fund of Ukraine on the basis of self- financing principles; participation in financing of state, regional and regional programs of social support for pensioners, persons with disabilities, other categories of population and health insurance of pensioners through insurance companies; organization of international cooperation in the field of pension provision, in particular in relation to the payment of pensions to citizens who have traveled outside Ukraine. The necessity of harmonization of normative and legal acts determined by the status of the Pension fund of Ukraine is ascertained.