PRIORITY DIRECTIONS FOR IMPROVING THE QUALITY OF PLANNING OF STATE EXTRABUDGETARY FUNDS OF UKRAINE

Abstract

The article analyzes the current state of planning of the state extra-budgetary funds of Ukraine. It is determined that the planning of a pension fund is not qualitative and does not allow to get a comprehensive understanding of the prospects for achieving its balance. In addition, the budget plans of the Fund do not provide for the formation of reserves, which leads to its financial instability both in the short-term and in the long-term period. It was revealed that subjects of management of state extra-budgetary funds do not form the promising reserves at all, and the current reserves of social insurance funds are economically unjustified. The author has formed the main factors influencing the volumes of income and expenditure of the Pension Fund of Ukraine, the Fund of compulsory state social insurance of Ukraine in case of unemployment and the Fund of social insurance against accidents at work and occupational diseases of Ukraine, which should be taken into account when planning appropriate non-budget funds of money funds. The factors influencing the income of such funds, in particular, include: the number of insured persons; number of persons employed; volume of GDP; the growth rate of incomes of the working population; the rate of the single social contribution and the percentage that goes to the fund, etc. Amount of expenditure part, in our opinion, depends on the social functions, which this or that Fund are endowed to. For example, the expenditures of the pension fund are influenced by: the growth rate of pensioners and persons to whom the pension is assigned; the level of pensions and allowances; the growth rate of pension payments; mortality rate, including pensioners, etc. According to the results of the study, priority directions of improving the quality of planning of state extra-budgetary funds of Ukraine were proposed. We believe that it is necessary to: implement medium- and long-term planning; to create normativelegal and organizational-methodical providing; to carry out economic substantiation of state social standards and norms; foresee the formation of current and promising reserves; ensure transparency of information on the planning process.