DEVELOPMENT OF PENSION SYSTEM OF UZBEKISTAN THROUGH THE EXPERIENCE OF THE COUNTRIES OF THE EUROPEAN UNION

Abstract

Government’s policy in financing social sphere is becoming more and more topical.
In this regard, managing pension system effectively, conducting research basing on “income
distribution through the time” principle in its financing is of particular significance. In this article
the possibility of applying the experience of European Union countries in the level of coverage
of population by the pension plan and its development in Uzbekistan.